How is revenue recognized for retail land sales, Accounting Standards

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How is revenue recognized for retail land sales

Response to the following questions:

1. How is revenue recognized for real estate sales?

2. How is revenue recognized for retail land sales?

3. In a consignment, does the consignee or consignor retain title to the property? When is revenue recognized by the consignor? The consignee?

If possible, please give examples to better understand your response

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Accounting Standards: How is revenue recognized for retail land sales

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Accounting Standards: How is revenue recognized for retail land sales

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