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I am Lyosha [343]
2 years ago
9

Completed plans for guest house, pool and spa for a client. The $5700 fee for this project was billed to the client in May but w

ill not be collected until June 25. What is revenue realized?
Social Studies
1 answer:
frosja888 [35]2 years ago
3 0

Answer:

According to the revenue recognition principle of accounting, revenues are realized (and recognized in the accounting journals) when goods and/or services are delivered.

In this case, the service: completing plans for guest house, pool, and spa, was delivered in May, therefore, the revenue (accrued revenue) has been realized in may even if the cash will only be collected until June 25.

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Australia and China are trade partners. Australia sells natural
SSSSS [86.1K]

Answer: specialization

Explanation:

Specialization simply refers to a production method whereby a country company produces the goods that it has a lower opportunity cost with regards to its production. This implies that more goods will be produced by the countries and at lower prices when compared to their counterparts.

With regards to the question, since Australia and China are trade partners and Australia sells natural

resources while China sells computers and cars, this is an example of specialization as the countries specialize in producing goods that they can produce more efficiently.

5 0
3 years ago
What were the findings of Professor Land and his colleagues' death penalty deterrence study of homicides in Texas from January 1
RSB [31]

Answer:

Modest short term deterrent, but will need mass executions to be effective

Explanation:

The question has already been answered but I guess you need an explanation.

In the deterrence theory by Professor Land and his colleagues, they assumes that offenders are rational, I.e. they know the law and the penalties attached to defaulting the law..

They're are three points to take note of in this study;

1. For execution to have a deterrent effect, then it means a huge number of execution must have taken place

2. Most of any deterrent effect of execution of homicide occurs immediately after the execution is made public

3. 5 to 10 homicides would deterred in a year if there are 10 to 20 executions using 0.5 homicides deterred on a monthly basis.

8 0
3 years ago
Which equation can be used to solve the problem?<br><br> 495 is 55 percent of what number?
kykrilka [37]

Answer:

I believe the answer is 900

4 0
3 years ago
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The changes produced in a population through differential reproduction are said to be what?
andreev551 [17]

Answer:

Evolution

Explanation

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How many people around the world are forced into religion?.
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Nearly 70% of the world is forced into a religion
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