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zheka24 [161]
3 years ago
14

Revenues are recognized when ______, even when the cash is collected in a different accounting period than the obligation to the

customer has been performed.
Business
1 answer:
Elanso [62]3 years ago
6 0

The condition for which revenues are recognized even when the cash is collected in a different accounting period is;

  • Services are provided even if cash has not yet been collected, in cases of accrual basis accounting

<h3>Revenue recognition</h3>

Two major forms of revenue recognition exist;

  • When Cash is collected from customers. This is the case when the organisation uses cash basis accounting
  • When services are provided even if cash has not yet been collected. This is the case when the organisation used accrual basis accounting

Read more on revenue recognition;

brainly.com/question/26274038

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<u>Its D </u>

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a.the court will find that the third party is a holder in due course and, despite the fact that TP has defrauded Choi, not require the third party to repay Choi

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3 years ago
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allochka39001 [22]

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Studentka2010 [4]

Answer:

Answer is option B $68.70

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Total overhead costs............................................ 1030560

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Explanation:

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In order to accept payments by credit card, online merchants typically must have a merchant account established with a bank or f
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A. True

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