Answer:
- $38,500
- $1,400
Step-by-step explanation:
1. According to the Accrual Principle of Accounting, revenue should only recognized when the goods or services for which it was paid for have been delivered. In other words, revenue should only be recognized when earned.
As of December 1, 20X1, Ginzel had only completed 7 of the 20 reports so the revenue recognized should be for the completed reports alone.
Total revenue for 20 reports = $110,000
Revenue for 7 reports = 7/ 20 * 110,000
= $38,500
2. The Accrual principle also applies to expenses and states that expenses should only be accounted for when incurred. As the $4,000 relates to all the reports, it should be apportioned evenly.
The costs of extraction and conversion of data for the year should therefore be;
= 7/20 * 4,000
= $1,400
Answer:
400% of 5 = 5 x 400/100 = 20.
20 > 10 and 20 < 100
Hope this helps!
:)
Answer:
Complementary angles are those that sum up to 90o.Vertical angles have equal measures. Therefore, if vertical angles measure 45o each, they are complementary.
Explanation: Here how it might look if angles ∠1 and ∠3 are measured at 45o.
X= 1.9
Steps:
16.5-9.2=7.3
9.2-7.3=1.9
Answer:
C
Step-by-step explanation:
Let's simplify this expression first:
- In Line 2, we have used distributive property (
) and thus multiplication. - In Line 3, we have combined like terms
<em>Choices A, B, and D can be eliminated as we have done those to simplify the expression.</em>
Thus, "evaluation" -- choice C is the correct answer for this question.
<u>Evaluation</u><u> is when we plug in a specific value in the variables to find a "value/answer" of the expression given.</u>
