Business
Business, 26.08.2019 23:20, 0055babs

Gaap specifies that for a seller to record revenue at time of sale when right of return exists the following conditions must be met except: (a) the seller's price to the buyer is substantially fixed or determinable at the date of sale.(b) the buyer has paid the seller, or the buyer is obligated to pay the seller and the obligation is not contingent on resale of the product. (c) the buyer's obligation to the seller changes in the event of theft or physical destruction or damage of the product.(d) the amount of future returns can be reasonably estimated.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 03:10, samantha636
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
Answers: 3
image
Business, 22.06.2019 05:00, vadrian4056
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
image
Business, 22.06.2019 07:50, kristinaholahan
Budget in this final week, you will develop a proposed budget of $150,000 for the first year of the program and complete the final concept paper for the proposed program due for senior management review. the budget should identify the program's anticipated expenses for the year ahead. budget line items should be consistent with the proposed program and staffing plan. using the readings for the week, the south university online library, and the internet, complete the following tasks: create a proposed budget of $150,000 for the first year of the proposed program including the cost for personnel, supplies, education materials, marketing costs, and so on in a microsoft excel spreadsheet. you may transfer your budget to your report. justify the cost for each item of the proposed budget in a budget narrative.
Answers: 2
image
Business, 22.06.2019 11:00, ashlynmartinezoz2eys
When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations
Answers: 1
Do you know the correct answer?
Gaap specifies that for a seller to record revenue at time of sale when right of return exists the f...

Questions in other subjects:

Konu
Mathematics, 06.12.2021 04:30