Answer:
A. 2
B. May 1, 2021
Dr Cash $94,600
Cr Deferred revenue $89,870
Cr Deferred revenue-coupons $4,730
C. May 1, 2021
Dr Cash $94,600
Cr Deferred Revenue $94,600
Explanation:
A. Based on the information given the numbers of PERFORMANCE OBLIGATIONS that are in this contract is 2 which are:
KEYBOARD and CUSTOMER OPTION FOR FUTURE DISCOUNT
B. Preparation of the journal entry that Meta would record on May 1, 2021.
May 1, 2021
Dr Cash $94,600
Cr Deferred revenue $89,870
($94,600-$4,730)
Cr Deferred revenue-coupons $4,730
(5%*$94,600)
C. Preparation of the journal entry that Meta would record on May 1, 2021
May 1, 2021
Dr Cash $94,600
Cr Deferred Revenue $94,600
The correct answer is D. All of the above
Explanation:
Skills that can be used in multiple jobs or contexts are known as transferable skills. This category of skill covers many types of skills including basic skills such as teamwork, communication or problem-solving; personal quality skills such as honesty, empathy, or ethics; and thinking skills such as making decisions or organizing information. Moreover, these are all transferable skills because it is likely an individual requires these skills despite his profession or role. For example, both a doctor and a secretary might face challenges that require them to make decisions (thinking skill), use ethics to make the best decision (personal quality), and communicate this decision to others (basic skill.)
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Increase in salary after you have completed the first year of your apprenticeship, if completed in line with your development objectives
Part of the British Airways apprentice network and community, with the opportunity to engage with apprentices from all schemes in the business and learn from former apprentices
Involvement in our ambitious sustainability vision, volunteering an active role to champion specific community groups including LGBTQ+ 'Flying Proud' and ethnic minority colleague network Be ME
In the given scenario; "Yes, the chocolatier enforce the option because the option touches and concerns the leasehold estate".
<h3>What is Jurisdiction's Rule?</h3>
Jurisdiction is a phrase that refers to a court's power or authority to hear a matter. The ability of federal and state courts to hear cases is governed by both federal and state statutes, as well as the Constitutions of the United States and each individual state.
The jurisdiction's Rule Against Perpetuities: The rule against perpetuities is a legal rule in Anglo-American common law that prohibits people from using legal instruments (typically a deed or a will) to exert control over the ownership of private property for a period of time that extends far beyond the lives of those living at the time the instrument was written.
The exceptions to the rule against perpetuity are-
- The rule does not apply to vested interests since vested interests cannot be detrimental to remoteness.
- The rule does not apply to land acquired or controlled by Corporation.
- Philanthropic gifts; the rule does not apply to transfers for the benefit of the public for religious, pious, or charitable causes.
To know more about jurisdiction and its types, here
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