User Account

All Pages

Books post the changes to the accounting standards

Assignment Help Finance Basics
Reference no: EM132345950

The primary business activity of Con Pewter Ltd is developing accounting software packages. Con Pewter charges $2,000 as installation fees and a separate twoyear technical support service for $1000. Otherwise, it also offers a combined goods and services contract which includes both elements for $3,400. Payment does not become outstanding until after 1 month of the accounting package being installed. The accounting team is uncertain as to how revenue should be recognised in the books post the changes to the accounting standards. Your advice on this matter would be greatly appreciated.

Reference no: EM132345950

Questions Cloud

Please help me answer these questions : Does your current work, school, or organizational affilate managed by stockholder or stakeholde approach? Is this appropriate?
Constructive feedback on performance : Anyone can give some examples how often should my employees receive constructive feedback on their performance.
Updating individual and team development plans : What is the importance of developing, regularly reviewing and updating individual and team development plans?
Prevent in a listening or speaking situation : Which of the following is the reason why physical distractions are usually easier to prevent in a listening or speaking situation?
Books post the changes to the accounting standards : The accounting team is uncertain as to how revenue should be recognised in the books post the changes to the accounting standards.
Develop a human capital and performance management system : Provide an organizational profile that includes mission/vision, and the strategy of the organization and Identify and evaluate current performance management
How many years is it until these bonds mature : World Travel has 7 percent, semiannual, coupon bonds outstanding with a current market price of $1,023.46, a par value of $1,000, and a yield to maturity
Description of market research and panel consensus : Description of market research, panel consensus, historical analogy, and Delphi method qualitative forecasting techniques.
What is the present value of payments in real dollars : The nominal discount rate is 9.897 percent and the inflation rate is 2.9 percent. What is the present value of these payments in real dollars?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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