Acceptance the asset

Assignment Help Accounting Basics
Reference no: EM13342541

Which of the following is not an indicator that the customer is likely to have control over a good?

a)acceptance the asset
B) assets warehouse by seller-affiliated thrird party
c) legal litle to the asset


minarski electronics sells computers and provides hardware maintanience services. on april 1st, miarski sold a pakage deal contraining a computer a one year unlimited maintenience /repair service for the computer at bundle price of 1000. if sold separately., the computer cost 840 and the one year unlimited maintenience /repair service cost 360. how much revenue does manirski electronic recognize for the ended april 30th assuming that revenue is accrued monthly

Reference no: EM13342541

Questions Cloud

Accrual and cash basis revenue : Accrual and Cash Basis Revenue
Explain what are the equilibrium concentrations of nh2oh : What are the equilibrium concentrations of NH2OH (hydroxylamine), NH3OH+, and OH- in a 0.15 M solution of hydroxylamine (Kb=6.6*10^-9)? What is the pH of the solution
What types of loss prevention training programs can auditors : What types of Loss Prevention Training Programs can auditors recommend to build employee awareness?
Explain most important part in chemical bond formation : determine the most important part in chemical bond formation, coulomb, J, or the Exchange, K, term. What is the interpretation of this key result
Acceptance the asset : which of the following is not an indicator that the customer is likely to have control over a good? a)acceptance the asset B) assets warehouse by seller-affiliated thrird party c) legal litle to the asset
What is the sprinters average power output : A 54kg sprinter, starting from rest, runs 60m in 7.0s at constant acceleration. What is the magnitude of the horizontal force acting on the sprinter? What is the sprinter's average power output during the final 2.5s
Define what is the entropy change : Initially 5 mol of an ideal gas with Cv,m=12.5 J K^-1 mol^-1 are at a volume of 5 dm^3 and a temperature of 300K. If the gas is heated to 373 K and the volume changed to 10 dm^3, what is the entropy change
What percentage of the balls initial energy is lost : A 95g ball of clay traveling at speed v0 hits and sticks to a 1.9kg kg block sitting at rest on a frictionless surface. What percentage of the ball's initial energy is "lost"
Prepare a schedule indicating the origination : prepare a compound journal entry to record the income tax expense for the year 2011.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Property taxes for consolidated school district

Ford county lieves for its general fund $2,000,000 in property taxes. In addition, the county is responsible for collecting $4,000,000 in property taxes for the consolidated school district and $1,000,000 in property taxes for a town within the co..

  Actual overhead costs-standard volume

Delta Company's flexible budget formula for overhead costs is $100,000 per month foxed costs plus $26.00 per unit variable costs. Standard volume is 5,000 units a month. Actual overhead costs for June were $280,000, and output was 6,000 units.

  Return and risk of small-company stocks

Calculate the average returns on small-company stocks and u.s. treasury bills. Calculate the variances and standard deviations of the returns on small-company stocks and u.s. treasury bills.

  Which bonds to choose for investment

US Series EE Bonds, bonds for industrial development for mas transit and qualified veterans mortgage bonds. Which should he choose for his investment? Why?

  Material mis-statements in enron financial statements

What were the business risks Enron faced, and how did those risks increase the likelihood of material misstatements in Enron's financial statements?

  What are the two types of audit tests

What are the two types of audit tests? What are some examples of each of these two types of tests? How will the auditor use the data gathered from these tests? - Answer 150-200 words.

  Calculate the century division contribution margin

Gluten Corporation has the following information pertaining to its Century Division for this year.

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Gain or loss on the liquidation of warbler

Warbler had purchased the land three years ago for $105,000. Kena has a $22,000 basis in her Warbler stock that she purchased 10 years ago. What is Kena's gain or loss on the liquidation of Warbler?

  Writing the page memorandum

Write down a one-half page memorandum (at least 2 paragraphs) to Terrio explaining why the $6,000 loss on sale of Blackhawk stock is

  Multiple-step income statement

On a multiple-step income statement, gain or losses on sale of equipment would be shown:

  Basics of percentage-of-completion method

Indiana Co. began a construction project in 2006 that will provide it $150 million when it is completed in 2008. During 2006, Indiana incurred $36 million of costs and estimates an additional $84 million of costs to complete the project. Using the..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd