Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
Answer:
<u>Sumer</u>, located in Mesopotamia, is the first known complex civilization, having developed the first city-states in the 4th millennium BCE. It was in these cities that the earliest known form of writing, cuneiform script, appeared around 3000 BCE.
Explanation:
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<span>After prophesying about John and Baptist who would be God's messenger to prepare the way for the coming Messiah, we are told that "suddenly the lord you are seeking will come to his temple; the messenger of the covenant, whom you desire, will come," says the Lord Almighty." Whereas John and Baptist was merely the messenger who would prepare the way before the Messiah, Jesus himself was the very Lord - the messenger of the new covenant.
Jesus was messenger of the new covenant, but much more than that, Jesus is very Lord whom Israel seeks. As other have said, Jesus was no mere mortal, no mere prophet. Check out the link below for the full names and title Jesus, as the Son of God.</span>
Air. If you read reports from the past decade, you will find that the air quality in china is so poor that people have to put a mask on just to walk outside.
