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
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.

You might be interested in
What is a result of the federal and state governments having concurrent powers?
skelet666 [1.2K]
C I hope this helps!!!!!!!!!!!!!!!!!!!))))
7 0
2 years ago
Read 2 more answers
During history class, one of the students rolled a baseball on the floor toward the front of the classroom. Ms. Durango saw the
lorasvet [3.4K]

Answer: Representative Ness Heuristic

Explanation: Representative Heuristic is usually employed when the need to make relatively quick decision occurs and therefore relying on the most readily available mental information to guide our decision. The representative Heuristic relies on using a prototype or something very synonymous to the observation or decision to be made. In most cases, decisions of this sort are usually incorrect. In the scenario above, the representative Heuristic was employed as the teachers perception or guess was guided by the direction from which the ball rolled. The direction of the ball was used as prototype which influenced the teacher's decision to conclude it was the boy on the same row.

4 0
3 years ago
Brainliest!!
telo118 [61]

Answer:

henry ford= introduces assembly

Debbie Fields=expanded cookie busines overseas

Oprah Winfrey =hosted a popular talk show

Explanation:

4 0
3 years ago
What rise divides the Southwest and Southeast Pacific basins
snow_lady [41]

Answer:

East Pacific Rise

Explanation:

4 0
3 years ago
Jan pays $70 each month for her auto insurance policy. This regular payment is called a: A. co-pay B. deductible C. premium D. c
Marysya12 [62]
B.) because co pay is insuance pays part and you pay the other
3 0
2 years ago
Read 2 more answers
Other questions:
  • Parents should ideally make their expectations known ahead of time to help guide the child.
    11·2 answers
  • Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
    13·1 answer
  • Cynthia has just experienced a hassle, which could influence her cognitive functioning. she has most likely just experienced ___
    5·1 answer
  • Alex is being raised in an urban setting with 6 older siblings.Mia is an only child living in a rural area.What type of context
    14·1 answer
  • Which is an example of investing in human capital?
    8·1 answer
  • The invisible hand school and the inherence school: a. are proactive in legislation for social issues. b. both serve society pri
    10·2 answers
  • 1)
    7·1 answer
  • How did Labor Unions help workers during the Industrial Revolution?​
    6·1 answer
  • What year did black women receive the right to vote
    8·1 answer
  • What language formed the basis for the Romance languages?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!