Beringer Company Places an Order for Supplies with Picasso Company

question 69

Multiple Choice

Beringer Company places an order for supplies with Picasso Company on December 17.Picasso delivers the supplies on December 20 and invoices Beringer on December 21.Beringer pays the invoice on December 29.On what date does Picasso satisfy its performance obligation?

• A)December 17
• B)December 20
• C)December 21
• D)December 29

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