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place from September of 2022 through January of 2023 . The revenue reported from this transaction during 2022 would be: a. $0 b. $1.840 c. $7.360 d. $9200

User Rootx
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1 Answer

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Final answer:

The question lacks essential information needed to provide the exact revenue reported in 2022. In general, revenue is recognized when earned, and for a service spanning September 2022 to January 2023, only the 2022 portion is considered, requiring more details to specify the amount.

Step-by-step explanation:

The question seems to be missing vital information required to provide a specific numerical answer related to revenue recording. However, based on the provided numbers and context clues, one can infer that this question pertains to revenue recognition over a specific period when a transaction is taking place. Generally, under accrual accounting, revenue is recognized when earned, not necessarily when cash is received.

Therefore, for a period from September 2022 through January 2023, the revenue to be reported in 2022 would only include the portion attributable to that particular year, pro-rated if necessary. For a more accurate calculation, additional information like the total contract value, payment schedule, and the method of revenue recognition adopted by the business (e.g., straight-line, percentage completion) would be required.

User Tqjustc
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