Answer:
$833
Explanation:
As per accrual basis of accounting, an income is recognized when it is earned and not when cash is received for it.
In the given case, customer purchased a service for 3 months.
The position as on 31st Dec is that only one third i.e 1 month of services out of 3 months has been provided and 2 months of services is due which is yet to be provided against the collective cash received.
Hence, the spa should recognize 2500/3 i.e <u>$833 </u>in revenue on it's December 31st, 2022 financial statements.
The function in a reverse logistics process that takes used goods from customers and distributes them to the production process or to distributors and retailers is the returns processor.
<h3>What is reverse logistics?</h3>
In order to recapture value and put a stop to the product's lifespan, reverse logistics is the set of operations that are carried out following a sale. Usually, this entails sending a product back to the maker or distributor, or sending it somewhere else for repair, recycling, or servicing.
Reverse logistics, on the other hand, refers to any process that is carried out after a product has been sold. When a product is determined to be flawed, for instance, it is returned to the manufacturer for inspection, testing, repair, disassembly, recycling, or appropriate disposal.
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She had a reduction of funds which totaled 206.76. A reduction is a debit a credit is when you add funds. So, D is the answer for this one.
Ceteris paribus assumes things like confidence and income remain the same, so that we may study simply the interaction between interest rates and the demand for loans and ignore how all the other variables might affect the outcome.
Answer: Option B
Explanation: The conversion value is the market value of the asset into which the security is to be exchanged. It can be computed using following formula :-
conversion value = (stock price) * ( conversion ratio)
conversion value = ($33) * (25)
conversion value = $825