Multiple Choice
On June 1st, Lucy & Bros received an order for 500 cupcakes. Lucy delivered the cupcakes to the client on June 25th. A $50 deposit was received on June 5th and the remaining $450 was paid on June 30th. Lucy likely would recognize revenue on:
A) June 1st
B) June 5th
C) June 25th
D) June 30th
Correct Answer:
Verified
Correct Answer:
Verified
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