Answer:
The journal entry will involve the credit to Unearned franchise fee revenue which amounts to $36,000
Explanation:
The journal entry which is to be recorded for signing the substantial and the collection of note receivable is as:
March 15, 2020
Cash A/c......................................Dr $36,000
Unearned franchise fee revenue A/c......Cr $36,000
As cash is received and that amounts to $6,000, the remaining balance amount of $30,000 being debited to Note receivable will be recognized during the year as and when received. And the Unearned franchise fee revenue for $36,000 is credited because signing date and the performance is yet pending.
Your answer is : A)
Supply refers to the seller's ability and desire to sell goods and services
Answer: violated organizational ethics
Explanation: because that makes most sense
Answer:
The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.
Explanation:
the amount pf cash flow from revenue that will appear on the statement of cash flows is $120,000 because irrespective of whether it is collected or not he must consider the full value of accounts receivable and the collection amount out of the account receivable will be adjusted in the cash flow from operating activities.
Therefore, The amount of cash flow from revenue that will appear on the statement of cash flows is $120,000.
No, because
Jane is not able to influence the engagement or on the attest team. According
to Interpretation 101-1<span>, </span>the independence
is not impaired except the manager falls within the description of a “covered
member” in ET section 92.06. Jane in general would not be well-thought-out a
covered member since she is not on the attest engagement team and does not be
responsible for non-attest services to the client.
