Recognize revenue from car sales for $12,000.
Do not recognize revenue until steel is shipped.
Do not recognize revenue until next year after the games are
Do not recognize revenue in current year. Revenue should have
been recognized in previous year as accounts receivable.
Do not recognize revenue until services are rendered in the
Clevenger’s Computer Centre, Inc.: T-accounts, trial balance, and financial statements
$ 5,000 (a)
$ 2,500 (c)