Answer:
March revenue:
102 units x 15 dollar each = 1,530
April revenue
51 units x 15 dollars each = 765
Explanation:
We recognize based on the delivery of the goods which is the point at which the trasnfer of ownership occurs. Once the good are delvierired; the customer is the owner of them and can use them as see fit, is responsabile for their condition and wellbeing.
Answer:
ima be honest with you chief you have good intentions but this is a very dangerous thing to do so I advise against it. but you do you.
Answer:
<h2>☆ <u>Hola</u>! <u>Friend</u>! ☆</h2>
<h3>■ The chef de cuisine, or executive chef is in charge of the entire kitchen.</h3>
<h3>■ This position is the highest rank in the kitchen hierarchy.</h3>
<h3>■ The sous chef is the second in charge and often training to become a head chef.</h3>
<h3><u>Follow</u> <u>Me</u> ❤❤</h3>
Answer: D, If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019
Explanation: Accounting for organisations are recorded in accrual basis and not cash basis. This means that all income and expenses pertaining to a particular year is accounted for in that year.
Silver Inc. will record in its books the total salaries due to its staff for any particular year in the year the expense was incurred. if paid in that year it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit bank as salaries paid.
If salaries are not paid in the year it was incurred, it will be recorded thus:
Debit salaries as salaries expenses for the period
Credit salaries payable account as accrued salaries
when treated this way, it will give room to silver inc to recognise that they owe salaries that are yet to be paid which will reflect in their financial statement as Payable in the current year.
The natural borrowing limit is a restiction