When would the mechanic recognize revenue


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? O 9/1: Joe crashes the car O 9/4: The mechanic invoices Joe O 9/2: An independent towing company tows the car to a local mechanic O 9/5: Joe pays off the invoice via a bank transfer of funds to the mechanic. O 9/10: Joe picks up the car and takes it home O 9/3: The mechanic fixes the car

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Accounting Basics: When would the mechanic recognize revenue
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