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General OverviewStep 1: ContractStep 2: Performance ObligationsStep 3: Transaction PriceStep 4: Allocate RevenueStep 5: Recognize RevenueCase StudyOther IssuesIndustry-Specific Issues
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Josh Mortensen

Josh grew up in Eagle Mountain, Utah, where he regularly participated in piano competitions and gained a passion for classical music. Josh loves the challenge of simplifying technical accounting problems so that non-accountants (like his wife) can understand them. In his free time, Josh enjoys mountain biking, hiking, and brushing up on his Hungarian.

Step 3: Transaction Price

Payments to Customers for Cooperative Digital Marketing

Many digital marketing arrangements involve consideration payable to a customer. Learn whether such payments should be a reduction of revenue or a marketing expense.
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