Hall Construction Company signed a contract with a customer for the construction of a new $ 500,000 warehouse. At the signing, H
all received a check for $ 50,000 as a deposit to be applied against amounts earned during the first phase of construction. Answer from Hall's standpoint. E. A popular snowboarding magazine company received a total of $ 1,800 today from subscribers. The subscriptions begin in the next fiscal year. Answer from the magazine company's standpoint.
