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Revenues from the theatrical supply of motion pictures are recognized when motion pictures are exhibited. Television licensing revenues are recorded while the program material is available for telecasting by the licensee and when certain other conditions are met. Revenues from video sales are acknowledged on the date that video units are made widely available for sale by retailers.
Revenues from participants as well as sponsors at the theme parks are generally recorded over the period of the applicable agreements commencing with the opening of the related attraction.
How do you do cross-indexing?
Q. What is depreciable amount? The dissimilarity between assets's cost and its estimated residual value is an asset's depreciable amount. To persuade the matching principle the
Nance's Restaurant, a local independent restaurant, is evaluating new point-of-sale (POS) systems and must determine if a new installation is feasible. A new POS installation wou
what is the BRS
Mohan brothers invoiced goods to their branch at cost plus 33.33%. All the cash collected by branch is banked on the same day to the credit of head office. All expenses are paid by
What if the public holiday falls on a rest day? how to pay and which one is?
Wings Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative 1%, preferred stock of $40 par, and 50,000 shares of $120 par common. Durin
i dont undrstnd t concepts of assets and liabilties n also journal entries thnks
Find the balance at the end of 6 years of $5000 investment in an account with a nominal annual rate of interest of 2.5% compounded quarterly over the first two years and then gro
State the term- Debits must always equal credits To help understand Temporary Owner's Equity accounts. All transactions which affect owner's equity could be recorded in one
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