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3 years ago

Accrued revenues:

Business

1 answer:

mars1129 [50]3 years ago

8 0

Answer:

A. At the end of one accounting period result in cash receipts in a future period

Explanation:

Revenue is total amount of money firm receives or is entitled to receive, by selling its goods / services, in a period of time.

Revenue can be :

Cash (Actually received): Based on cash transactions.
Accrued (Earned but not received): Based on credit transactions - with Debtors (who owe money to us)

Accrued Revenue i.e Revenue Earned but not received in an accounting period : is an asset in form of debtors of a firm. The firm will get cash receipts from them in a future period.

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Suppose the demand for good X is given by Qd x = 10 - 2Px + Py + M. The price of good X is $1, the price of good Y is $10, and i

tekilochka [14]

Answer:

Option D.

Explanation:

The demand function for good X is

$Q_x^d=10-2P_X+P_Y+M$

where, $P_X$ is price of good X, $P_Y$ is price of good Y and M is income.

It is given that the price of good X is $1, the price of good Y is $10, and income is $100.

Substitute $P_X=1$ , $P_Y=10$ and M = 100 in the given function.

$Q_x^d=10-2(1)+(10)+(100)$

$Q_x^d=10-2+110$

$Q_x^d=118$

None of the statements associated with this question are correct.

Therefore, the correct option is D.

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3 years ago

A method for selecting multiple lines of text is to _______.

antiseptic1488 [7]

The answer to this question is by clicking and draging in the white space to the left of the lines. In word processing, copying and selecting multiple lines is a technique that can help you work on your document faster. Also in word processing, the user can create, edits, and save the document.

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3 years ago

what is the total amount of final goods and service produced in a country that people, businesses, governments, and foreigners p

Bas_tet [7]

The total amount of final goods and service produced in a country that people, businesses, governments, and foreigners plan to buy is Gross domestic product (GDP).

<h3>What is Gross domestic product (GDP)?</h3>

GDP is a metric for a country's economic output. GDP is a measure of the overall economic output of new products and services in a particular year.
The circular flow diagram can be used to illustrate GDP as a flow of income moving in one direction and expenditures on resources, products, and services moving in the opposite way.
According to this model, households purchase goods and services from businesses, and vice versa.
The circular flow figure shows how the national income calculation methods of using income and expenditures are equivalent.
Money (revenue from the sale of the commodities, services, and resources) travels counterclockwise in this picture while goods, services, and resources go clockwise.

Learn more about the Gross domestic product (GDP) with the help of the given link:

brainly.com/question/15682765

#SPJ4

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1 year ago

_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod

amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

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3 years ago

National income accountants can avoid multiple counting by.

denis-greek [22]

Answer:only counting final goods

Explanation:

3 0

2 years ago