Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
Francois Quesnay - tried to discover the natural economic laws governing society.
Answer: Option A
<u>Explanation:</u>
Francois Quesnay was a French economist and physician. He published the economic table known as the Tableau economique. This published work was the first attempt to describe how an economy worked. The published work provided an analytical view of the working of an economy.
The table is considered to be the most important contribution to economic thought and is taken by many economists as the reference for developing their thesis and papers. The paper basically states who produces what in the society and who makes contributions to the society.
Answer:
1st rule dont ask brainly
Explanation:
Answer:
California did not have the first gold rush in American history. ...
The Gold Rush was the largest mass migration in U.S. history. ...
The Gold Rush attracted immigrants from around the world. ...
The Gold Rush was a male-dominated event. ...
Early sections of San Francisco were built out of ships abandoned by prospectors.
Explanation:
