Answer:
The necessary entries would be:
Dr Accounts receivable $11,000
Cr Sales revenue $10,000
Cr Deferred revenue $,1000
Explanation:
Revenue should be recognized in the books of account where the selling party has performed its obligation of delivering goods or rendering services as contained in the sales contract.
This contract contains provision of goods -inventory that have been delivered and rendering of services-installation that is in progress, as a result the revenue relating to the former is due to be recognized now while the later would be recognized when is installation is concluded.
Answer:
Oh nothing much just vibeing with my homies
Explanation:
A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.