Example of a deferred revenue

Assignment Help Financial Accounting
Reference no: EM131223010

Which one of the following is an example of a deferred revenue? a. Sales are made to customers on credit b. Cash is received prior to providing the services to customers c. Interest has been earned by a bank deposit, but it has not been recorded d. Cash sales are made to customers

Reference no: EM131223010

Questions Cloud

How can us be fully self-sufficient in terms of energy needs : Using any source of energy, preferably one that has not been discussed in depth in the lesson, , discuss in 500 words, the following aspects: Accessibility in the United States and Initial and long-term costs.
How do the principles relate to each other : What are the main principles in the US Constitution? Explain and discuss each principle fully. How do the principles relate to each other? What are the goals of these principles?
Relations from a database in a large retail chain : Question: Consider the following normalized relations from a database in a large retail chain:
How aging influences the functioning of the individual : Represents three different perspectives.- Identifies research articles about your topic that represent each perspective.
Example of a deferred revenue : Which one of the following is an example of a deferred revenue?
Omissions of adjustments will understate net income : A company forgot to record four adjustments during 2015. Which one of the following omissions of adjustments will understate net income? a. Sales made during the last week of the period are not recorded b. Prepaid insurance is not reduced for the por..
Without having to lay off employees or shut down entirely : Running a business presents challenges such as managing finances from a broad scale, including ensuring the bills are paid, credit is not misused, and keeping the doors open. Do you think there are ways to combat such challenges without having to lay..
Why do you think that christ became man : Why do you think that Christ became man? How would you describe Christ's love for us? Why do you think that Christ's marriage to the church is important to couples?
What are the prospects for reversing this trend : What are some explanations for the global deceleration of economic growth since the early 1970s, and what are the prospects for reversing this trend?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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