Answer:
The answer is C. Boning knife
Answer:
The month of April
Explanation:
Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. If Zupan's law firm prepares monthly financial statements, the law firm should recognize the revenue in April because according to revenue recognition principle, revenue should be recognized in the accounting period in which services are performed, and Susan zupan performed the work in April so therefore the firm should recognize the revenue in April.
Answer:
Debit Accounts Receivable, $225; credit Fees Earned, $225
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Answer:
The correct answer to the following question will be Option D.
Explanation:
- The theory or hypothesis that even as soon as it arrives, all institutional investors obtain as well as act on most of the necessary information or data. Even if this was purely real, there would have been no stronger investing strategy than just a coin flip.
- As per this principle, the dynamically trading share prices in such a competitive market don't vary from actual measured value or beliefs.
The other choices have no relation to the given circumstance. So choice D is the correct answer to the above.
