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liberstina [14]
4 years ago
11

Smith Dentistry opened on June 1, 2016. The following transactions occurred during June

Business
1 answer:
Rudiy274 years ago
5 0

Answer:

The total revenue for the month of June is $22500. Option a is the correct answer.

Explanation:

The revenue will be calculated under the accrual basis of accounting which states that a period's revenue should match that period's expenses and these are to be recorded in their respective periods. Under this method, both the cash and the credit sales are recognized as revenue in the period to which they relate. The revenue for the month of June will be as follows,

Total Revenue = Cash sales + Credit sales

Total revenue = 8100 + 14400

Total revenue = $22500

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The Rust Belt became an industrial hub due to its proximity to the Great Lakes, canals, and rivers, which allowed companies to access raw materials and ship out finished products. These were the most important factors.
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2 years ago
Sanjeev enters into a contract offering variable consideration. The contract pays him $1,000/month for six months of continuous
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Answer:

$1,400

Explanation:

The computation of the amount of revenue recognized for the first month is shown below:

= Contract paid amount × number of months + additional amount paid × given percentage + additional amount paid × given percentage

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4 0
4 years ago
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Answer:

The sequence diverges ( B )

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4 years ago
The key points of a passage that should be underlined or highlighted include:
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<span>ideas that support the author's main idea.</span>
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In a cohesive group, group members have a degree of dependence on the group. A. True B. False
guajiro [1.7K]

It is true that members in a cohesive group have a degree of dependence on the group.

<h3>What is cohesive group?</h3>

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There cannot be group cohesion if the members do not wish to belong to the group or do not find the motivation to belong to the group.

Hence, It is true that members in a cohesive group have a degree of dependence on the group.

Learn more about cohesive group here : brainly.com/question/21837802

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