On September 9, Clearmore Services receives a request for services from a customer. The service is scheduled for September 15. O
n September 15, the service is provided, and the customer pays one week later on September 22. Using accrual-basis accounting, on which date should Clearmore Services record service revenue?
Accrual basis of accounting recognizez transactions as they are incurred and not when cash us paid. In this case, Clearmore services provided the services in September 15 thereby incurring a new transaction on this date, and based on Clearmore's accrual basis of accounting would have this recorded in the books as sales to the customer. However Clearmore services do not record cash receipt until September 22 when the customer pays for the services.
An inductive argument is commonly known as a type of argument in which the premises give authentic points that support the conclusion made by the jury. In addition, if an inductive argument is said to be inductive and strong if the argument is genuinely true and definitely it is not likely that the conclusions made are false.
From the options provided, the US presidency is the one who receives the most news coverage from the national press, above the other institutions mentioned.
