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
777dan777 [17]
4 years ago
7

Revenue is traditionally recognized in the accounting records when

Business
1 answer:
Sophie [7]4 years ago
3 0
When Services are rendered, revenue is traduitionally recognized in the accounting records. The option you are looking for is B. Hope this works for you.
You might be interested in
Match the following:Part A1. A mark used in the sale or advertising of services to distinguish the services of one person from a
Gelneren [198K]

Mark is used in the following way.

Explanation:

1.A mark used by one or more persons, other than the owner, to certify the region, materials, mode of manufacture, quality, or accuracy of the owner's goods or services.

Examples of certification marks include the "good housekeeping seal of approval" and "UL Tested.

2.Go to the U.S. Patent and Trademark Office's website for the Trademark Electronic Search System, or TESS. This service allows you to search a database of all registered marks. Select a search option. You can search registered marks by the words in them or, for non-linguistic marks such as logos, by their design.

3.A trademark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others. A service mark (or servicemark) is a word, phrase, symbol, and/or design that identifies and distinguishes the source of a service rather than goods.

4.Service marks and trademarks are considered intellectual property. This generally refers to assets that do not have physical form. Examples are ideas, images, songs and sounds. Service mark registration protects both your business and the public.

5.Service mark symbol. ... The service mark symbol (℠), the letters SM in superscript style, is a symbol used in the United States and some other jurisdictions to provide notice that the preceding mark is a service mark. This symbol may be used for service marks not yet registered with the relevant national authority.

6.A service mark is the same type of device as a trademark, but service marks distinguish the services of one company from those of another provider. Service marks are often slogans. For example, the service mark of a plumber might be "The Leak Fixers" with or without a distinctive logo.

7.A trademark may be designated by the following symbols: ™ (the "trademark symbol", which is the letters "TM" in superscript, for an unregistered trademark, a mark used to promote or brand goods) ℠ (which is the letters "SM" in superscript, for an unregistered service mark, a mark used to promote or brand services)

8.A trademark offers legal protection for a word, symbol, phrase, logo, design, or combination of those that represents a source of goods or services. Types of trademarks for products include five main categories: generic mark, descriptive mark, suggestive mark, fanciful, and arbitrary mark.

4 0
3 years ago
Long Text (essay)
natita [175]
Entrepreneurship is important for a number of reasons, from promoting social change to driving innovation. Entrepreneurs are frequently thought of as national assets to be cultivated, motivated, and remunerated to the greatest possible extent. In fact, some of the most developed nations such as the United States are world leaders due to their forward-thinking innovation, research, and entrepreneurial individuals.

Great entrepreneurs have the ability to change the way we live and work, on local and national bases. If successful, their innovations may improve standards of living, and in addition to creating wealth with entrepreneurial ventures, they also create jobs and contribute to a growing economy. The importance of entrepreneurship is not to be underappreciated
3 0
3 years ago
(Exchange rate arbitrage​) You own ​$10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen​/$. The yen rate in New York is
allochka39001 [22]

Answer:

Answer for the question:

(Exchange rate arbitrage​) You own ​$10 comma 000. The dollar spot rate in Tokyo is 215.8906 yen​/$. The yen rate in New York is given in the following​ table: LOADING.... Are arbitrage profits​ possible? Set up an arbitrage scheme with your capital. What is the gain​ (loss) in​ dollars? Hint​: Compare the​ Tokyo's direct quote with the New​ York's indirect quote. ​"Assuming no transaction​ costs, the rate between Tokyo and New York are out of line.​ Therefore, arbitrage profits are​ possible." Is the above statement true or​ false? True . ​(Select from the​ drop-down menu.) The yen is cheaper in Tokyo . ​(Select from the​ drop-down menu.) The amount of yen you could buy in Tokyo for ​$10 comma 000 is 2135839 yen. ​(Round to the nearest whole​ number.)

is given in the attachment.

Explanation:

Download pdf
3 0
3 years ago
On December 31, Strike Company sold one of its batting cages for $20,084. The equipment had an initial cost of $223,162 and had
Anna35 [415]

Answer:

Loss on disposal = $2232

Explanation:

To calculate the amount of gain or loss on sale, we must first calculate the net book value or NBV of the asset. The net book value is the difference between the cost of the asset and the accumulated depreciation. The formula for NBV is as follows,

NBV = Cost - Accumulated depreciation

NBV = 223162 - 200846

NBV = 22316

If the sales proceeds are more than the NBV of the asset, the asset is sold on gain and vice versa.

Loss on disposal = 20084 - 22316 = - $2232 or$2232 loss

8 0
3 years ago
Which of the following is an example of the law of supply?1. The price of gum has increased so producers are making more gum. 2.
polet [3.4K]

Answer:

Option 1 is correct.

Explanation:

Law of supply indicates that there is a positive relationship between the price of a commodity and the quantity supplied of that commodity. This means that an increase in the price of a commodity then as a result there is an increase in the quantity supplied of that commodity because it will become more profitable for the producers to produce more and supply more.

3 0
3 years ago
Other questions:
  • You are a monopolist who sells textbooks to undergraduate students. Currently you sell 100 books at a price of​ $100 each, for r
    11·1 answer
  • "Collecting data about the television viewers for the Summer Olympics is an example of using statistics in the field of ________
    14·1 answer
  • "what method can be used to place an item in the list at a specific index?"
    6·1 answer
  • 1. Barry met with his company’s benefit manager to sign up for the health insurance provided through his employer. He had worked
    10·1 answer
  • Maria works for megacorp, a large privately owned company specializing in sales of ball bearings. megacorp introduces filtering
    11·1 answer
  • Because oligopolies tend to be unique in a variety of ways there isn’t a general theory of their behavior (like with monopolies)
    5·2 answers
  • Which of the following types of financial aid do not require you to pay the money back?
    9·2 answers
  • Ngu owns equipment that cost $93,500 with accumulated depreciation of $64,000. Ngu asks $35,000 for the equipment but sells the
    11·1 answer
  • Type the correct answer in the box. Spell all words correctly.
    13·1 answer
  • Enter mia profit/loss for the 2 month
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!