Answer:
a. When the equipment is sold.
Explanation:
As we know that
When someone sells or purchase a product, the services are attached to the product which is passed from the buyer to the seller that can be in terms of warranty i.e after-sales services, etc
So according to the given situation, the estimation of the warranty cost is $25 per time sold so the warranty cost should be recognized when the equipment is sold as it is attached to the product
The role of accounting is to provide you and any other stakeholders with financial information about the company, such as sales revenue, the cost of benefits and the amount you owe your suppliers. Without the information from your accountants, you can't make good financial decisions for your business.
Answer:
write in English
Explanation:
write in English so I can help you
The answer in the blanks are: one way communication; two way communication. It is because, the reason why one way communication is more accurate because the communication or message that is being sent to is only on a one direction, this makes it accurate and more effective to use because there are no discrepancies. The two way is less accurate and less effective than the one way communication because it does not contain a one direction in terms of communication but it involves transmit information with the parties.