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AURORKA [14]
1 year ago
14

True or false: revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from

customers in advance before services are performed.
Business
1 answer:
Shkiper50 [21]1 year ago
8 0

We can actually deduce here that the statement, "revenue is recorded when services are performed, whereas deferred revenue is recorded when cash is received from customers in advance before services are performed" is true.

<h3>What is revenue?</h3>

Revenue is actually known to be the general or total income that an organization or a firm makes from sales of their goods and services. Revenue made helps to ascertain how the company is fairing in terms of sales and customer retention.

We see here that it is true that revenue is recorded whenever services have performed and the service provider has received the payment.

Learn more about revenue on brainly.com/question/24280609

#SPJ1

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Answer:

1. command

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1. Communist countries usually have command economies.

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3. A command economy in which the government controls everything is called communism.

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If a painter tells you that he would spent $30 on a resperator (but not $31) that protects him from paint fumes that produce a 0
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Answer:

$300,000

Explanation:

Data provided in the question:

Amount the painter would like to spend on a respirator = $30

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Now,

The cash value he places on the life of painter

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3 0
3 years ago
The GATT agreement was replaced by the World Trade Organization.
QveST [7]
False should be the answer
8 0
3 years ago
1. A U.S. company anticipates that it will sell merchandise for €100,000 at the end of August and receive payment for it at the
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C. $200 net loss

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The hedging gain loss can be calculated as:

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