1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
scoundrel [369]
3 years ago
10

On January 15, 2021, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract s

peci
Business
1 answer:
lesya692 [45]3 years ago
5 0

Answer:

recorded on March 31, 2021.

Explanation:

As we know that if there is an accural basis so the revenue is recognized and recorded when it is earned here the receipt of cash is not material for recording the revenue

Since in the given situation, the date of completion of the contract is considered for recording date of revenue as per the accrual basis

So March 31, 2021 should be considered

 

You might be interested in
Lenore, Inc. gathered the following information from its accounting records and the October bank statement to prepare the Octobe
Rashid [163]

Answer:The up-to-date ending cash balance on October 31 is: $8,290---C

Explanation:

A bank Reconciliation statement helps to match a company's book record to its bank record and adjust discrepancies, If any.

Here, the deposits in transit and outstanding checks fall under the bank's accounting records and will not be involved in the company's additions or deductions in the accounting book balance records.

Ending cash balance as per books = $7,000

Add:

Interest received from Bank =           +$1,700

subtotal                                                $8,700                    

Deduct

Bank Service charge =                        -$60

NSF check =                                        -$350

Up-to-date ending cash balance =     $8,290

4 0
3 years ago
Paula weeded 40% of her garden in 8 minutes. How many minutes will it take to weed all of her garden at this rate ?
Digiron [165]

Answer:

3.2

Explanation:

when we get the 8 minutes and multiply

the rate which is 40% we get 3.2. 8*40/100=3.2 minutes.

3 0
2 years ago
A team is trying to determine the best process type for producing a new product family. The product consists of a base model wit
Natali5045456 [20]

Answer:

The correct answer is the option A: Cell

Explanation:

To begin with, the name of "Cellular Manufacturing" is known in the business field for being one type of manufacturing process that can be selected among others in order to use it as the method of excellence to produce the good that the company wants to sell. Moreover, this type of process is characterized by the fact that the process involves a number of various machines that do a task in particular, called cells, that can easily change that task in order to do another one that the manufacturer will need so that implicates that this type of method is very helpfull in those companies who develop products that are intended to be changed continuously.

7 0
3 years ago
Industrialized former colonial states that dominate the world economic system are?
Verizon [17]
Industrialized former colonial states that dominate the world economic system: Core Countries
5 0
1 year ago
Everything else held​ constant, an increase in currency holdings will cause A. the money supply to rise. B. checkable deposits t
liraira [26]

Answer:

C. the money supply to fall.

Explanation:

According to my research on economics, I can say that based on the information provided within the question an increase in currency holdings will cause the money supply to fall. This is because if people begin to hold this causes the cash flow to decrease and money supply decreases because of the low cash flow.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Other questions:
  • Marla, a bookkeeper, would like to work at home in order to be with her young children. But before setting up her home-based boo
    14·2 answers
  • Here is an example of a positioning statement for Volvo:
    6·1 answer
  • If your total assets arw $3,940 and your total liabilities are $1,232 what is your total net worth
    12·1 answer
  • True or false, statistics are procedures used to organize, summarize, and communicate information
    7·1 answer
  • Here are the 2015 revenues for the Wendover Group Practice Association for four different budgets (in thousands of dollars):
    11·2 answers
  • In 2008, Upper Crust had cash flows from investing activities of −$270,000 and cash flows from financing activities of −$163,000
    6·1 answer
  • Tom Cruise is a 17 year old high school student who works as an assistant manager at the local movie theater. If an increase in
    9·1 answer
  • A central point within an organization from which all customer service contacts are managed by various forms of technology is th
    10·1 answer
  • Bank Three currently has $600 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the re
    5·1 answer
  • a company that reports a significant negative cash flow from investing activities due to the purchase of a building will most li
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!