In november and december year 1, dorr co., a newly organized magazine publisher, received $72,000 for 1,000 3-year subscriptions at $24 per year, starting with the january year 2 issue. dorr elected to include the entire $72,000 in its year 1 income tax return. what amount should dorr report in its year 1 income statement for subscriptions revenue? a. $24,000b. $0c. $ 4,000d. $72,000
Answers: 3
Another question on Business
Business, 22.06.2019 14:50
Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)
Answers: 2
Business, 23.06.2019 00:00
The undress company produces a dress that women use to quickly and easily change in public. the company is just over a year old and has been successful through a kickstarter campaign. the undress company has identified a customer segment, but if it wants to reach a larger customer segment market outside of the kickstarter family, what question must it answer?
Answers: 1
Business, 23.06.2019 01:30
Bmw receives data transmitted by each new vehicle it sells to employees understand how customers use the products and when service may be needed. this use of technology aids in bmw's efforts to interact in an ongoing basis with its customers.
Answers: 1
Business, 23.06.2019 02:30
Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.
Answers: 2
You know the right answer?
In november and december year 1, dorr co., a newly organized magazine publisher, received $72,000 fo...
Questions
Mathematics, 06.10.2019 07:30
English, 06.10.2019 07:30
Mathematics, 06.10.2019 07:30
Mathematics, 06.10.2019 07:30
Social Studies, 06.10.2019 07:30
Physics, 06.10.2019 07:30
Mathematics, 06.10.2019 07:30
Social Studies, 06.10.2019 07:30
Biology, 06.10.2019 07:30
Chemistry, 06.10.2019 07:30
English, 06.10.2019 07:30
History, 06.10.2019 07:30
Mathematics, 06.10.2019 07:30
