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.
Answer:
Technological Innovations of the Age of Exploration. During the Age of Exploration many tools were needed to help it flourish. These tools were helpful mainly because they helped explorers travel across seas. The explorers were able to make their discoveries mainly because of these technological innovations.
Explanation:
Answer:
students helps in assurance of social and economic development. student help in promotion and respect toward democracy of ,human right and fundamental freedom. student get knoweledge about development of peace they help in development of peace culture. students helps in assurance of social and economic development.
Explanation:
Answer:
A senior citizen could be described as a reservoir of knowledge and experience because they have been alive the longest which would provide them with experience to know more or have seen more.
Explanation:
