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IRISSAK [1]
3 years ago
11

When a customer pays far enough in advance to require the seller to record interest expense and accrued interest payable based o

n the advancecollection amount, the amount of revenue recognized by the seller when all performance obligations have been met and delivery is complete willa. Exceed the amount of deferred revenue initially recorded.b. Be lower than the amount of deferred revenue initially recorded.c. Be the same as the amount of deferred revenue initially recorded.d. Be either the same or higher than the amount of deferred revenue initially recorded
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

B. Be lower than the amount of deferred revenue initially recorded.

Explanation:

In order to record the revenue for interest paid we only recognize the revenue that is incurred that particular reporting period for example if year end is December 31st. Hence only that revenue will be part of DEC 31st financial statement that is up to that duration .

Whereas the amount exceeding way above in advance is a liability on the company and will be recognized accordingly as per the terms of payment.

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A chemical bond resulting from the sharing of electrons between two elements with very similar electronegativity are indicative
borishaifa [10]

Nonpolar covalent is a chemical bond resulting from the sharing of electrons between two elements with very similar electronegativity .

what is non polar covalent ?

When two atoms share electrons evenly, a type of chemical bond known as a non-polar covalent link is created. The number of electrons shared by the neighboring atoms in an atom will therefore be equal.

Because of the largely minor difference in electronegativity, the covalent bond is also referred to as nonpolar. It also implies that there is no charge gap between the two atoms or that their electronegativity is similar. When atoms that share a polar connection organize themselves in a way that the electric charges tend to cancel one another out, this type of bond is also created.

A non-polar covalent bond can form between two non-metal atoms that are the same or different.

To learn more about non polar covalent checkout the link below : brainly.com/question/12603366

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7 0
1 year ago
Arbitrage means taking advantage of temporary differences in market prices to make a profit. Assume two real estate companies, A
Nadusha1986 [10]
Please help me with my questions
7 0
3 years ago
Chief financial officer Barry submits travel and expense reports that are completely genuine and encourages employees in his div
Scorpion4ik [409]

Answer: A) Leading by example

Explanation:

Leading by example means to act in a way that shows others how to act. Barry has led by example by submitting travel and expense reports that are genuine. This will inspire his employees or subodinates to do same.

Leadership is not about talking the talk, this type of leaders also walks the walk. Leaders expect others to do the right thing by leading from example.

8 0
3 years ago
For its three investment centers, Gerrard Company accumulates the following data: I II III Sales $2,060,000 $4,019,000 $4,085,00
Andrej [43]

Answer:

Investment centre           ROI

1                                    24.9%

II                                   32.0%

III                                 34.0%

Explanation:

<em>Return on Investment is the proportion of operating assets that an investment center earned as as net operating income. </em>

It is calculated as follows

ROI = operating income/operating assets

Investment centre

I                                            1,267,000/5,068,000=24.9%

II                                              2,579,840/8,062,000=32.0%

III                                          4,137,800/12,170,000=34.0%

7 0
3 years ago
A good way to remind agitated drivers that nobody's out to get them is to:
Scilla [17]
This made me me laugh :D ( C )
6 0
3 years ago
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