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Bond [772]
3 years ago
9

____ components for eating disorders account for 40 to 60 percent of risk for anorexia

Business
1 answer:
creativ13 [48]3 years ago
8 0
Genetic components for eating disorders account for 40 to 60 percent of the risk for anorexia.
Anorexia means a loss or lack appetite for food or total aversion to food, it is a psychological and life-threatening disorder that goes well beyond out-of-control dieting.
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Answer:

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     Cr Gift Card Revenue    $20

(to record revenue arisen from oustanding Gift Card Liability)

Explanation:

Under GAAP, the accounting for Gift Card is quite simple. When the gift card are sold, Gift Card Issuer receives Cash (Debit Cash) and assume the Liability (Cr Liability) to anyone owning the gift card for later providing of goods/services priced at the Cash amount that had been received.

It is not until Gift Card is redeemed that Gift Card Issuer is allowed to record revenue (Credit Revenue) as it is an actual point of time when the provide of goods/services takes place. Also at the same time, once the goods/services are provided, they Liability assumed earlier in time through Gift Card issuance will be discharged to the extent of the price of goods/services provided.

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