I'd rather use my Saving but Getting a loan from family or friend is Kinda Nice if they have the money for it. but Borrowing from a Bank is Smart But Do You Even Have enough money in you're bank for it?
Answer:
the transaction is complete and the goods or services are delivered.
Explanation:
According to generally accepted accounting principles (GAAP), the revenue should be recognized when the goods or services are delivered and the transaction is completed in all respects.
The revenue recognition principle applies when the revenue is realized or earned whether cash is received or not plus it also follows the accrual basis of accounting. Here, realizable means that customer received the product but the payment is made at the later date
Answer:
The implication is that the Illinois Department of Child Services is a unionized workplace.
Mortimer will derive better benefits that surpass the costs of membership. He is covered in all collective bargains, even when he resigns his union membership. Unions negotiate for better working conditions, higher pays, and improved benefits.
When Mortimer has any grievance against the department, the union will also represent him, thereby making his life easier since unions can negotiate better with employers than individual workers.
Mortimer is even lucky to find a job at a unionized workplace because the jobs are not usually advertised as union members easily bring in their relatives and friends to occupy such vacancies.
Explanation:
Most of the disadvantages that Mortimer should complain about unions are disadvantages to the employer and not to him as an individual worker. For the employer, the union acts as a form of monopoly that can decide whether the workers would work or not. The unionized workers are not easy to replace with other workers.
Answer:
In the description section underneath the overview per the particular context is illustrated.
Explanation:
- Wanda's philosophy about becoming a distributer of enhance performance resulted in increased market demand due to consumer perception that her goods are stronger and therefore more advantageous.
- This contributes to consumption growth, moving the consumer surplus towards Wanda's goods to the right, contributing towards increased costs.
- One more scenario maybe though in the immediate future, her Wanda commodities demonstrate no positive effects, resulting throughout a decline in terms of trade.
Throughout this situation, Wanda might answer by genuinely changing the productivity of the latter's goods including displaying a certain clinical significance to obtain a competitive advantage for customers.
Answer:
800,000/600,000=1.33
Profit percentage = 1.33-1=0.33=33%
0.02*800,000=16,000 worth of goods returned
Profit= 0.33*16,000=5280
COGS= 16,000-5280=10,720
Adjusting Entry
Debit Credit
Goods returned 10,720
Profit 5,280
Cash 16,000
Explanation:
