Binz Company provides cleaning services and sells garbage bins to office clients. Or June 1st, 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 is most likely to be true?
A) Revenue for the garbage bins and the cleaning services must be recognized on J
B) Revenue for the garb the cleaning services until the end of the sth year.
C) Revenue fo recognized over the 5 years as those services are performed.
D) Binz Company should not recognize any revenue until the end of the 5th year.
Answers: 2
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