Answer:
$73,500 is the revenue TopChop will recognize for the arrangement with Carlos.
Explanation:
Revenue is calculated as follows.
= amount received + Use of name
= $56,000 + $35,000 × (1÷2)
= $73,500
New franchise fee can be immediately recognised as income.
Answer:
C.) The interest groups could only use the phrase for non-profit purposes.
Explanation:
I know for a fact I am right, cause I was built *DIFFERENT*
Have a spectacular day!! :D
Explanation:
C. Created in the interview.
hope this helps you
have a nice day:)
Answer:
The true β of the stock is 0%
Explanation:
6% = a + 12% (1 − 0.5); a = 0%.
Answer:
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
June 30
Credit Cash for $9,000 : Both methods
Explanation:
To Illustrate the required journal entries to record and pay for this purchase under the GROSS METHOD and NET METHODS by matching the action on the left with the method on the right using a PERIODIC INVENTORY SYSTEM.
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
(2%*$9,000)
June 30
Credit Cash for $9,000 : Both methods
