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3 years ago

Generally, revenue from sales should be recognized at a point when

Business

1 answer:

qaws [65]3 years ago

3 0

Answer:

D. none of these answer choices are correct.

Explanation:

The principle of revenue recognition occurs when the revenue is realized or earned either cash is received or not and it also serves the accounting accrual basis. Realizable also means that the buyer gets the product but the payment is made afterward.

In this, it does not depend on cash transactions.

Hence, the option D is correct

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Which of the following is not included in the typical pattern of behavior for a poverty-stricken person? a. higher crime rate c.

Burka [1]

A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

<h3>Who is poverty-stricken poverty?</h3>

A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.

There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.

It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.

Therefore, Option C is the correct answer that is A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

To learn more about poverty-stricken person, refer:

brainly.com/question/13671318

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2 years ago

Great Lake Glassware Company issues $ 1 comma 197 comma 000 of its 12%, 10minusyear bonds at 95 on February 28, 2018. The bond

Wewaii [24]

Answer:

Dr interest expense 74,812.50

Cr Cash 71,820

Cr Discount on bonds payable 2,992.50

Explanation:

the cash interest payments = principal x coupon rate x 1/2 (semiannual) =$1,197,000 x 12% x 0.5 = $71,820

since the bonds were sold at a discount, we must add the discount amortization = [($1,197,000 x 5%) / 10 years] x 1/2 = $5,985 x 0.5 = $2,992.50

total interest expense = $71,820 + $2,992.50 = $74,812.50

So the journal entry should be:

Dr interest expense 74,812.50

Cr Cash 71,820

Cr Discount on bonds payable 2,992.50

5 0

3 years ago

The Equal Employment Opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission, an agency created by the

PilotLPTM [1.2K]

The equal opportunity Act of 1972 strengthened the Equal Employment Opportunity Commission by

issuing guidelines for employer conduct.
mandating specific record keeping procedures.

<h3>What is the Equal Employment Opportunity Act?</h3>

This is the act of the government that helps to ensure that all employers treat people of the US in all befitting ways regardless of their genders, race and skin.

The act talked against discrimination, it upheld compensation and the work condition of employees.

Read more on Equal Employment Opportunity Act brainly.com/question/14774625

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4 0

2 years ago

In constructing a common-size income statement, depreciation will be______. A. omitted since it is a noncash expense. B. express

Naddika [18.5K]

Answer:

B. expressed as a percentage of sales.

Explanation:

The common size income statement is the income statement where n each line the item on the income statement should be expressed as a percentage of sales

In the given options, the option B is correct as it shows that the depreciation would be expressed in sales percentage

Therefore all other options are wrong

3 0

3 years ago

Which is the most accurate definition of body language?

Masja [62]

Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.

6 0

3 years ago

Read 2 more answers