Answer:
November 1
Explanation:
As per generally accepted accounting principles (GAAP), when the goods or services are delivered the revenue should be recorded and the transaction done in all respects.
The principle of revenue recognition occurs when the revenue is realized or earned, whether cash is obtained or not and it also meets the accounting accrual basis. Realizable here means that the consumer receives the product but the payment is made later.
Therefore, the revenue should be recorded on November 1
The solution for this problem is:
Let x be the number of months; and
Let y be the amount paid
We know that m is $199 per month and the two other given are
6 months and 2694.
y = 199 (x -6) + 2694
y = 199 (36 -6) + 2694
y = 199 (30) + 2694
y = 8664
Mr. Scott paid $8664 after 3 years.
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Answer:
B. Meaning
Explanation:
Given that Noreen goals are in line with the manager, team and employer, it means Noreen has meaning in relation to her company. Meaning in relation, shows the degree to which one entity is related to another entity. Here, Noreen goals for herself and a "probable work place " matches and aligns with the goals of every worker in the company including are employer.
The technique that the artist is using could be described as the alla prima technique in which it is often used in paintings such as the oil paintings. It is a painting technique that uses wet paint to be able to give out its spontaneous and fuzzy look. The wet paints that are being applied to the portrait has many layers to show its structure or the beauty of the technique.
Answer:
agents
Explanation:
Tourism uses agents to commercialize the travel packages.
