When mechanic recognize revenue under accrual accounting


Problem: Joe, unfamiliar with busy highways in Phoenix, Arizona in the USA, unfortunately accidentally crashed his Tesla. Based on the following timeline, when would the mechanic recognize revenue under accrual accounting? Group of answer choices 9/1: Joe crashes the car 9/4: The mechanic invoices Joe 9/3: The mechanic fixes the car 9/2: An independent towing company tows the car to a local mechanic 9/5: Joe pays off the invoice via a bank transfer of funds to the mechanic. 9/10: Joe picks up the car and takes it home

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Accounting Basics: When mechanic recognize revenue under accrual accounting
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