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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<span>Edwina is most likely to be diagnosed with "dissociative identity disorder".
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Dissociative personality issue refers to a psychological issue described by no less than two unmistakable and generally persisting identity states. There is frequently inconvenience recalling certain occasions, past what might be clarified by customary forgetfulness. These states then again appear in a man's behavior. Presentations, be that as it may, are variable.
Answer:
Several factors contributed to the fall of the Western Roman Empire, including the socioeconomic and political instability of the empire, the Germanic invasion and the invasion of other so-called "barbarian" tribes, the rapid rise of the Eastern Roman Empire, and more.
Answer: approximately nearer at the point where x=3 and y =4 So (3,4) is the point where most equal number are produced
Explanation:
Given is a graph showing the salads produced on x axis and sandwiches produced on y axis.
The straight line ABCDEF shows the points on the straight line and Y is below the line and X is above the line.
On the line there is no point where x=y exactly.
But approximately nearer at the point where x=3 and y =4 So (3,4) is the point where most equal number are produced
2) Y is below the line meaning that resources are not utilized effectively
3) X is not possible as it is beyond the firm's capacity level shown by line ABCDEF.
Answer:
In subsistence farming, planting decisions are made based on a family's needs, whereas in cash-crop farming, farmers plant strategically to capitalize on demand and market prices. While some farmers grow crops for the sole purpose of feeding their families, others engage in both cash crop and subsistence farming.
Explanation:
