Well depending upon how much money was in the bank and what state the economy is in and the intrest rates it could either help or hurt and possible stay in the middle with no debt or extra money
The revenue recognition principle dictates that revenue be recognized in the accounting period in which <u>the performance obligation is satisfied.</u>
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The revenue recognition principle is a feature of accrual accounting which requires that revenues are recognized on the income statement, in that time period when they are earned and realized, not necessarily when the cash is received.
The principle is important because it enables a business to show profit and loss accurately, since the revenue is recorded when it is earned, not when it is received. Usage of this principle also helps with financial projections, which allows the businesses to project future ventures more accurately.
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Answer:
because it's the most stably backed
Explanation:
You said which of the following
what are the options?
Answer:
Siliceous ooze
Explanation:
Siliceous ooze is the type of sediment that form at high depth in ocean floor. Total percentage of siliceous ooze sediment is approximately 15%. This type of sediment composed from skeleton of different microorganism i.e phytoplankton, silicone etc.
This type of sediment are least common in the ocean thus make 15%of total population of ocean.
