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chubhunter [2.5K]
3 years ago
15

GoodBuy sells gift cards redeemable for GoodBuy products either in store or online. During 2018, GoodBuy sold $960,000 of gift c

ards, and $810,000 of the gift cards were redeemed for products. As of December 31, 2018, $39,000 of the remaining gift cards had passed the date at which GoodBuy concludes that the cards will never be redeemed. How much gift card revenue should GoodBuy recognize in 2018?
Business
1 answer:
balu736 [363]3 years ago
3 0

Answer:

$849,000 gift card revenue should GoodBuy recognize in 2018

Explanation:

gift cards revenue of GoodBuy recognized in 2018

=  gift cards redeemed + remaining gift cards

= $810,000 + $39,000

= $849,000

Therefore, $849,000 gift card revenue should GoodBuy recognize in 2018

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Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

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22,100 + 8,700 = 30,800

7 0
2 years ago
You work for a company that always pushes the envelope with respect to reporting revenues and expenses. You often disagree with
Artemon [7]

Answer:

Ethical Dissonance

Explanation:

Ethical Dissonance refers to a  divide between an individual desired moral identity and the  benefit they derive from acting against such ethical codes, conducts, beliefs or values.

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7 0
3 years ago
Which method is the most efficient method to use to solve x^2+6x-7=0?
sweet-ann [11.9K]
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7 0
3 years ago
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Answer:

The asnwer is C, Certificate of deposit.

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3 0
3 years ago
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Mandarinka [93]

Answer:

The correct answer is letter "D": the revenue a government created by printing money.

Explanation:

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4 0
3 years ago
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