Horizon Real Estate Company usually issues rent invoices to its tenants at the beginning of every
quarter. It recognizes the monthly rent revenue on the first day of each month. However, some
tenants are required to make the monthly rent payments in two installments, that is on the15th
and the last day of the month. Which two statements are correct about the possible solutions for
this business requirement? (Choose two.)
A.
Payment term can be set to defer the monthly rent revenue.
B.
Invoicing rules can be set to defer the monthly rent revenue.
C.
Accounting rules can be set to defer the monthly rent revenue.
D.
Payment term can be set to allow customers to make payments in two installments.
E.
Invoicing rules can be set to allow customers to make payments in two installments.
F.
Accounting rules can be set to allow customers to make payments in two installments.