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Which of the following requires income to be recognized on a specific date and not over...

Which of the following requires income to be recognized on a specific date and not over time?

Select one:

a. royalties received from a franchise agreement

b. $ 1,200 one-year annual contract to clean a customer's pool.

c. sale of functional intellectual property

d. sale of gift cards

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Which of the following requires income to be recognized on a specific date and not over time?
c. sale of functional intellectual property
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