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
Rudik [331]
3 years ago
10

Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. If Zupan's law firm

prepares monthly financial statements, when should it recognize revenue from this engagement? The law firm should recognize the revenue in________
Business
1 answer:
UkoKoshka [18]3 years ago
4 0

Answer:

The month of April

Explanation:

Susan Zupan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. If Zupan's law firm prepares monthly financial statements, the law firm should recognize the revenue in April because according to revenue recognition principle, revenue should be recognized in the accounting period in which services are performed, and Susan zupan performed the work in April so therefore the firm should recognize the revenue in April.

You might be interested in
So like is there anyone that likes twillzlers (yes ik i cant spell), trips on hot pockets, is really nice, likes orange and blue
antiseptic1488 [7]
Everything but the twizlers I don’t like them lol sorry -
5 0
1 year ago
HELP
vitfil [10]
I am pretty sure it is C
8 0
2 years ago
Read 2 more answers
The nominal exchange rate is 4 Saudi Arabian riyals, 8 Moroccan dirham, 60 Indian rupees, or .8 euros per U.S. dollar. A fast fo
rosijanka [135]

Answer:

b. Britain (France)

Explanation:

The nominal exchange rate is the rate at which an individual can trade the currency of his country for another country.

According to the numbers given for exchange rates, the real exchange rate between American and foreign goods is lowest with Britain.

6 0
3 years ago
Read 2 more answers
Which core process includes the activities required to produce and deliver the service or product to the external customer?
krek1111 [17]

The core process which includes the activities required to produce and deliver the service or product to the external customer is <u>order</u> <u>fulfillment</u> <u>process</u>

Order fulfilment is a process of fulfilling a sales order according to the customer's specifications. That is, delivering goods as promised at the time of sale. There are four main steps in fulfilling a customers order which are-  processing orders, warehousing, packing, and shipping products.

After the customer places an order, there is a procedure to be followed where you need to prepare and deliver the items accordingly. This process typically takes up to 48-72 hours to be completed.

After an order has been submitted for fulfillment, it has to be received and accepted by the logistics company.

Hence, the answer was given and explained above.

To learn more about the order fulfillment process here:

brainly.com/question/9694610

#SPJ4

5 0
1 year ago
Marcy's, Inc., operates department stores located primarily in the Southwest, Southeast, and Midwest. In its 2016 third-quarter
marysya [2.9K]

Answer:

Purchases is $3400  million

Explanation:

Cost of goods formula comes readily helpful in this case.

Cost of goods sold=beginning inventory+purchases-ending inventory

by arranging the formula,the purchases formula is given thus:

Purchases=cost of goods sold-beginning inventory+ending inventory

cost of goods sold is $2,900 million

ending inventory is $4,600 million

beginning inventory is $4,100 million

purchases=($2,900-$4,100+$4,600) million

purchases=3400  million

8 0
3 years ago
Other questions:
  • Which of the following is not a factor of production?
    7·2 answers
  • En que quieres trabajar cuando seas grande Xd
    12·1 answer
  • Celestin Manufacturing Company incurred $5,000 of depreciation on its manufacturing equipment during its first year of operation
    14·1 answer
  • On January 15, Year 5, Rico Co. declared its annual cash dividend on common stock for the year ended January 31, Year 5. The div
    6·1 answer
  • For banks, online transactions are an inexpensive alternative to branch banking. Transaction costs are about ________ per online
    15·1 answer
  • How would your life be different if the us economu was not based on the economic principles expressed in the bill of rights, the
    13·1 answer
  • Cynthia Co. exchanged Building 24 which has an appraised value of $4,800,000, a cost of $7,600,000, and accumulated depreciation
    6·1 answer
  • It costs a company $14 of variable costs and $6 of fixed costs to produce product Z200 that sells for $30. A foreign buyer offer
    11·1 answer
  • Mustafa a friend of yours, plans to open a fashion boutique that will sell women’s clothing and accessories. He told you that he
    14·1 answer
  • First Rentals purchased office supplies on credit. The general journal entry made by First Rentals will include a:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!