elgallo1435 elgallo1435

06-06-2023
Business

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In Case 20-4 Customized Software, we concluded that no revenue is recognized until January 1st, 20X2, the commencement of the Processing Service. Discuss the reason for this timing of revenue recognition. In other words, why can’t we start recognizing revenue during the software services period commenced on July 1st, 20X1 (10pts).

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