Answer:
B. July
Explanation:
The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.
So, in the given case, the service is provided in the July month and the same is to be recorded on the July month
Based on the amount paid for the tickets and their fair value, the portion that is entitled to <u>charitable contribution deduction</u> is $75.
When one buys a ticket to a charitable event, there is a chance that some of the ticket price can be treated as a charitable contribution deduction.
The part that can be treated as such is anything in excess of the fair value of the ticket. This amount in this case is:
= 200 - 125
= $75
In conclusion, the answer is $75.
Find out more on <u>charitable contribution deductions</u> at brainly.com/question/8706786.
She needs a bachelor degree because an associate degree doesn't give her quite $800.
Answer: advanced in technology :)
Explanation:
Answer:
Claire produces beef and Dag produces corn
Explanation:
Based on the information provided within the question I think it is safe to say that in order to maximize their total output Claire produces beef and Dag produces corn. This is because Claire's beef to corn ratio is 1:5 while Dag's is 1:6 therefore Claire's beef production is more efficient than Dag's, while Dag's corn production is more efficient than Claire's. Which is why each one should focus on what they are best at.
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