Answer:
The answer is $0.
Explanation:
Contributed service revenue or contributed revenue can be defined as the service or goods received with no payment or any other kind of exchange.
So in this question, the work from the volunteers and the film from CPA can be all accounted for contributed service revenue.
If we calculate them;
- The movie costs $60 per hour so at 60 hours, it would cost $3600.
- The 50 volunteers worked a total of 1000 hours, at $6 per hour, the total cost is $6000.
But since Unique Games are a non-profit entity, the amount they should recognize as contributed service revenue is $0.
I hope this answer helps.
Answer:
This is a cloud based platform that allows you to create profit generating "Authority E commerce Affiliate stores"by letting you add products from major E commerce networks without any other approval hassles
The answer is: 1. the merchandise was ordered by the company
The auditor could easily obtain this information by looking at the company's purchase order. Purchase order would contain information regarding sellers, types of products, dates, prices, and quantities of the products ordered. This information is what the auditor need to fully verify the inventory acquisition.
I'm not sure about this one. Are you talking about like this year?
Answer:
Vendors & Purchases → Enter Bills → New Bill
Explanation:
To record the part cash and part credit entry in Sage 50, we will use the following series.
Vendors & Purchases → Enter Bills → New Bill
To record the purchase transaction we need to enter the transaction in the vendors and purchase option and then we need to create separate bills for our part cash payment and part credit payment separately.
