When Recording Consideration Transferred for the Acquisition of Rhine on January

question 68

Multiple Choice

When recording consideration transferred for the acquisition of Rhine on January 1, 2017, Harrison will record a contingent performance obligation in the amount of:

• A) $ 628.40
• B) $ 2,671.60
• C) $ 3,142.00
• D) $13,358.00
• E) $16,500.00

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