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Alik [6]
3 years ago
7

The concept or principle that states that companies should recognize revenue when goods or services are transferred to customers

for the amount the company expects to be entitled to receive in exchange for goods and services is referred to as the:_________.
Business
1 answer:
larisa86 [58]3 years ago
8 0

Answer:

Core revenue recognition principle

Explanation:

The core principle of the revenue recognition is basically is a guideline that revenue must be shown on the recognized income statement.

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​Syrio's Snowboards uses the perpetual inventory system. At year end the general ledger indicated that the company had a balance
Tanzania [10]

Answer:

The correct answer to the following question is that the Syrio's snowboards should debit the cost of goods sold account and credit the inventory account by $5000.

Explanation:

It is given that in the books , the inventory amounts to $24,000 but physically on $19,000 of inventory is present. Which means there is shortage in the inventory , that means the company would have to decrease the amount of inventory in the books. For that they will debit the cost of goods sold account and credit the inventory account by $5000 ( $24,000 - $19,000 ).

4 0
4 years ago
The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w
nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures =  15 years

redeem =  $1,000

solution

we apply here formula that is

amount = principal × (1+r)^{t}    ................1

here put value and we get

1000 = 715  × (1+r)^{15}

(1+r)^{15} = \frac{1000}{715}

solve it we get

r = 0.022617

so rate is 2.25 %

7 0
3 years ago
To introduce Halo 7, a new video game, the director of marketing for Microsoft Game Studios created a complex marketing scheme t
strojnjashka [21]

Answer: E- viral marketing

Explanation: Viral marketing is a business technique that utilizes a public system at the current time to improve a commodity. It means the way customers disperse news and data about a commodity with other individuals.

In this case, Microsoft Game Studios built a complicated marketing strategy that started on the internet with the hope that individuals who went to the website would send other people to the website so as to make the business go viral.

Viral marketing may be done in the aspect of a short portion of media that uses electronics to access the content which comes in audio or video clip, pictures or websites.

6 0
3 years ago
Read 2 more answers
Charles is having trouble making his mortgage payment due to too much debt
White raven [17]

Answer:

a  he brokeeeee

Explanation

8 0
3 years ago
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Which of the following is an action employers must take when providing construction workers with fall protection
Llana [10]
A helmet? Idk if that’s right but I tried.
3 0
4 years ago
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