Answer:
The revenue should not be recognized because of the unusual and subjective terms under which the buyer has the right to return the product.
Explanation:
If a buyer of goods has the right to return a product, the transaction is considered a sale with a right of return. When regular sales are made under these terms and there is a reasonable basis for estimating returns, revenue from the sale ought to be recognized and an allowance for returnsshould be established.
However, when the rate of returns cannot be reasonably estimated, revenue is not recognized until the right of return expires. Even though the goods were shipped in 2015, until the buyer accepts the goods or the right to return them expires, revenue would not be recognized.
The institutional resource in which <span> leaders both appointed by the president and approved by the Senate is: The Cabinet
The cabinet filled by the people that the president's trust themselves to handle specific aspects of their governmental plans. The senate, however, has the basis to accuse that a cabinet candidate is unsuited for the position and filibuster him/her.</span>
The English Bill of Rights has been incorporated into the Constitution of the United States.
Pleased father when took over
business
Admired in Boston area
Unsuccessful soldier
Loudly yelled that the British
were coming
Rode as a mail carrier
Excellent spy against British
Very clever with Sons of
Liberty
Encouraged protesting taxes
Ringer of Old North Church bells
to spread word
E<span>very silver object treasured
– even buttons</span>
