Answer: Other Engineers
Explanation:
Richard can be sued by motorist in the event of the collapse of the road which he supervised construction, and the case would be considered with the already established engineering standards. The engineer standard directs that during construction or fabrication in engineering, the engineer should give little or no allowance for failure, because failure can lead to serious injuries or loss of life.
Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, morals, beliefs, and habits.
Answer:
Debit Cash Account $12,000
Credit Unearned Revenues Account $12,000
Being advance payment for marketing research services by Anderson
Explanation:
Revenue received before it is earned are reported as liability until it is earned, this is consistent with accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.
The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.
Answer:
$ 686
Explanation:
Given:
Amount paid = $ 1000
Discount offered = 2/10 = 2%
Value of returned merchandise = $ 300
Cash received = $ 1000 - $ 300 = $ 700
now 2 % deduction for the return within the given return period
thus,
net cash received = $ 700 - ( 2% of $ 700 )
or
net cash received = $ 700 - $ 14
hence,
net cash received = $ 686
If i had to answer i would say C or D. (:
