1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tamaranim1 [39]
3 years ago
9

Live Wire Hot Rod Shop follows the revenue recognition principle. Live Wire services a car on July 31. The customer picks up the

vehicle on August 1 and mails the payment to Live Wire on August 5. Live Wire receives the check in the mail on August 6. When should Live Wire show that the revenue was recognized?
Social Studies
2 answers:
Sedbober [7]3 years ago
7 0

Answer:

July 31

Explanation:

Revenue from a service or good rented or purchased must be issued and recognized exactly on the day the service and good were chosen and reserved by the customer, even if the customer will not use the service or good at that time. day and even if payment is made on another day. In this case, we can state that Live Wire must show that the revenue was recognized on July 31, because it was on that day that it made the car available for customer service.

Leviafan [203]3 years ago
4 0

Answer:

The Live Wire show that the revenue was recognized on july 31

Explanation:

Here the Servicing of car as been done on July 31 , so revenue should be recognized on July 31 only, since the revenue is recognized at time of rendering service or selling goods.

You might be interested in
When First Western Bank sent surveys via mail to its savings accounts-only customers to ask why they did not also have checking
RoseWind [281]

Answer:

questionnaire data

Explanation:

According to my research on different types of data, I can say that based on the information provided within the question they were gathering questionnaire data. This is data gathered from individuals filling out a document with a predefined set of questions. A Survey (which is what First Western Bank used) is a type of questionnaire.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
Read 2 more answers
"You are installing a new printer in the network. When you check the print server properties, it displays the following error: S
ahrayia [7]

Answer:

Below you will find the instructions to fix the error: Server properties can't be viewed. The printer spooler service is not running.

Explanation:

Press “Window key” + “R” to open the Run dialog

Type “services.msc“

Select “OK“.

Double-click the “Printer Spooler” service

Change the startup type to “Automatic“

Select “OK“.

Restart the computer and reinstall the printer.

Hope this helps!

3 0
3 years ago
You are part of a combat patrol in a foreign city. there are squad-sized insurgent forces operating in the area. what are key co
Tatiana [17]
The key considerations that should be considered when identifying hazards that are associated with the civil considerations factor of the METT-TC are the following; • Religious events that may take place or taking place • Pedestrians present in the market • Riots or demonstrations <span>
</span>
6 0
3 years ago
What’s the relationship between the British and the American Indians living in North America
balu736 [363]
It depends on the time period. In the 1600s when they just settled in Jamestown, they most likely didn’t know that they were there (at least how many were there) but later, of course they started driving them off so they could build more of America. I’m actually studying this in school right now so I hope I am correct. Don’t be sure this is right though...
8 0
3 years ago
______ is a method of communication that uses touch sensations only.
Rudiy27
Sign language is your answer i think
7 0
3 years ago
Other questions:
  • WHAT COUNTRIES WERE INVOLVED IN THE TRIANGLE TRADE? PLEASE HELP!!
    12·2 answers
  • Francesca does a pretty good job of completing spelling problems but does much better if she is given direction by her teacher.
    13·1 answer
  • The descriptive study usually takes the form of an experiment . has its major emphasis on the discovery of insights and ideas .
    10·1 answer
  • Claudette has many prejudicial attitudes toward minority groups. Recently, she has been
    11·1 answer
  • According to your text, ______ girls are likely to believe that nothing is wrong with their physical selves if they fail to matc
    6·1 answer
  • The Hawthorne studies began as the type of experiment recommended by Scientific Management. Researchers were trying to find the
    6·1 answer
  • What is the 5 main biomes?
    12·1 answer
  • Who is the defendant in the case roe v. Wade
    13·1 answer
  • Describe the Way of Works as a path to Moksha.
    14·2 answers
  • Why does the sun appear to move across the sky over the course of the day?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!