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STALIN [3.7K]
2 years ago
11

uring 2019, Zigma Company earned service revenue amounting to $810,000, of which $650,000 was collected in cash; the balance wil

l be collected in January 2020. Also in 2019, there were collections of cash prior to the delivery of goods/services totaling $8,100. What amount should the 2019 income statement report for service revenue?
Business
1 answer:
BaLLatris [955]2 years ago
8 0

Answer:

$810,000

Explanation:

Based on the information given we were told that the during the year 2019 the Company earned service revenue that was amounting to the amount of $810,000 which simply means that the amount that the year 2019 income statement of the company should report for service revenue will be the amount of money or cash that the Company earned as service revenue which is $810,000.

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2 years ago
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natka813 [3]

Answer:

$728,000

Explanation:

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Receipt for 28,000 shares at $11 per share = 28,000 * 11 = $308,000

By adding the two above together and have:

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3 0
3 years ago
Cabell Products is a division of a major corporation. Last year the division had total sales of $28,540,000, net operating incom
natulia [17]

Answer:

9.1%

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3 0
2 years ago
Which of the following are the three major categories of resources?
geniusboy [140]

Answer:

E. Natural resources, Physical capital and Human capital

Explanation:

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3 years ago
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nataly862011 [7]

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