FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: DYCKMAN
Publisher: Cambridge Business Publishers
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Question
Chapter 6, Problem 47P
a.
To determine
Explain the cause behind a deferred net revenue liability to go down over a quarter.
b.
To determine
State the amount of online -enabled purchased made by the customers of T Company in the quarter ended June 30, 2018. Mention whether the purchases were greater or less than the revenue recognized in the income statement.
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FINANCIAL ACCOUNTING
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