Answer:
$833
Explanation:
As per accrual basis of accounting, an income is recognized when it is earned and not when cash is received for it.
In the given case, customer purchased a service for 3 months.
The position as on 31st Dec is that only one third i.e 1 month of services out of 3 months has been provided and 2 months of services is due which is yet to be provided against the collective cash received.
Hence, the spa should recognize 2500/3 i.e <u>$833 </u>in revenue on it's December 31st, 2022 financial statements.
Answer:
market systems and command systems
D is correct! There is a federal agency called the SBA which provides support to entrepreneurs and small businesses.<span />
You can tell the difference because your credit score can decrease if you try to check it it may decrease everyday
Answer:
a. To terminate the lease, then seek damages or rent adjustment.
Explanation:
when a landlord breaches his/her duties, the tenant has three available remedies:
- termination
- damages
- rent adjustment
Generally when things like this happen, the tenant will terminate the contract and in order to do so must leave the premises and notify the landlord that he/she is doing so and the reasons why. Then the tenant can seek compensation for damages caused by the landlord's breach of duties. Damages are generally limited to relocation costs, e.g. costs of finding a new apartment and moving there.
If Aston decided to stay at the apartment, he could seek to fix the plumbing issues and seek compensation from the landlord.
Out of the possible options, option a is correct.