Answer:
The appropriated answer will be "$1,700,000".
Explanation:
Revenue understood by completion percentage = Design balance throughout progress = $200,000
The percentage completion throughout the whole year will be:
⇒ ![\frac{200,000}{2,000,000 }](https://tex.z-dn.net/?f=%5Cfrac%7B200%2C000%7D%7B2%2C000%2C000%20%7D)
⇒ ![10 \ percent](https://tex.z-dn.net/?f=10%20%5C%20percent)
The cost incurred throughout the whole year will be:
⇒ ![Revenue \ recognized - Income \ on \ the \ contract](https://tex.z-dn.net/?f=Revenue%20%5C%20recognized%20-%20Income%20%5C%20on%20%5C%20the%20%5C%20contract)
⇒ ![200,000 - 30,000](https://tex.z-dn.net/?f=200%2C000%20-%2030%2C000)
⇒
($)
Now,
The total estimated cost of the project at the end the year 2021 will be:
⇒ ![\frac{170,000}{10 \ percent}](https://tex.z-dn.net/?f=%5Cfrac%7B170%2C000%7D%7B10%20%5C%20percent%7D)
⇒
($)
True Because you just swipe the card and the pay your bills
Answer:
False
Explanation:
The given situation does not represents the support function as it is a production function and the same is to be considered as it manages and improves the organization efficiency also it convert the processes through which it added the more value to the organization
Therefore the given statement is false
They started Arby's. Thank you for coming to brainly and I hope I was able to answer your question.
Answer:
1. Dividends are deducted from the Statement of Retained Earnings as dividend expenses.
2. Dividends payable are reported in the Balance Sheet as current liabilities.
Explanation:
Dividends are distributions to the shareholders from earnings (income) after all expenses and taxes have been deducted from the revenue for the period. Dividends payable are unpaid dividends, which are reported as current liabilities until they are paid for in the next accounting period.