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Do you agree with this accounting treatment

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Question - This year, your company sold 2,500 units of electric kettles that were purchased last year. The profit margin was 30 percent. Consequently, the revenue and the payments from customers have to be recorded for this year, while the related expenses have to be charged for the previous year. Do you agree with this accounting treatment? Explain you answer using professional accounting terms.

Reference no: EM133059423

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