Your answer is...............d. If you were starting college all over again, what courses would you take?
Answer: You decide to go to college probably because<em><u>"You value a year of college at more than $56,000"</u></em>
<em><u>Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another. </u></em>
So, you will attend college if you perceive value of attending college more than ($22,000 + $34,000)= $56,000
Answer:
no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no no
Explanation:
a. The transaction price of the arrangement is $10,000,000
c. The journal entries are as follows:
On December 20, 2017
Accounts Receivable A/c Dr $10,000,000
To License revenue A/c $10,000,000
(Being the revenue is recorded)
On January 15, 2018
Cash A/c Dr $10,000,000
To Accounts Receivable A/c $10,000,000
(Being the payment received is recorded)