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Letter regardless of the current postal rate

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The U.S Postal Service(USPS) delivers mail to 153 million addresses in every state, city and town in the country. In September 2014, a customer purchases a standard roll of 100 Forever stamps for $49 cash from USPS. The customer can use the Forever stamps at any time to mail a letter regardless of the current postal rate. The postal service estimates that 5% of forever stamps are never used. Indicate when the organization should record revenue and provide a reason for your answer.

Reference no: EM131428471

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