Answer:
The following are the answers to the question, using the FASB Acounting Standards Codification at the FASB website:
1. Topic 260, FASB Accounting Standards Codification is the topic number (Topic XXX) that provides the accounting for earnings per share.
2. FASB ASC 260-10-50-1
3. FASB ASC 260-10-50-2
The Department of Justice is not an example of an independent regulatory agency.
Answer: an increase in the quantity of Brazilian currency that can be purchased with a dollar.
Explanation: An increase in the price of the Brazilian currency in relation to the dollar will increase the real exchange rate. This is because the exchange rate tells the amount of Brazilian baskets a US basket can buy.
The best option to relate the exchange rate with is an increase in the purchasing power of the dollar.
Answer:
a. Debit deferred revenue and credit service revenue for $9000.
Explanation:
Note: The full question is attached as below
Subscription earned for 9 months = $12000 / 12 * 9
Subscription earned for 9 months = $9,000
Date Account titles Debit Credit
Dec 31, 2021 Deferred revenue $9,000
To Service revenue $9,000
