During a discount sale, larry buys a cd from best buy. rather than paying cash, larry uses his best buy card to buy the cd on account. under the accrual basis of accounting, when will best buy record revenue from this sale?

at the moment of sale. Right there.

Explanation:

As the business is using an accrual basis it will recognize both, income and expense when they occur. This sale occurs at the moment Larry receive the CD and so, the sales is complete. It will be disclosure and recognize in the income statement. The payment date is not relevant under accrual basis

Same will occur with expenses, when the period past or supplies are used, the expense will be recognize regardless of the payment date.

my economy is bad lots of people are poor and lots of people are jobless and homeless

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.