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Binz Company provides cleaning services and sells garbage bi…
Binz Company provides cleaning services and sells garbage bins to office clients. On June 1, Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract for Binz to provide cleaning services to that client. Which of the following statements about the recognition of revenue relating to these services is correct?
Binz Company provides cleaning services and sells garbage bi…