What is the effect of bad debts on revenue recognition?
a. bad debts must be of a remo...
Business, 04.12.2019 04:31 queenkimm26
What is the effect of bad debts on revenue recognition?
a. bad debts must be of a remote likelihood in order to recognize revenue.
b. bad debts are deducted from revenue to calculate net revenue on the income statement, similar to sales returns.
c. the seller must believe it is probable it will collect the amounts it is entitled to collect.
d. bad debts are ignored when determining whether to recognize revenue, but recognized as an expense on the income statement.
Answers: 1
Another question on Business
Business, 22.06.2019 16:30
Suppose that electricity producers create a negative externality equal to $5 per unit. further suppose that the government imposes a $5 per-unit tax on the producers. what is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of electricity to be produced?
Answers: 2
Business, 22.06.2019 19:50
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
Business, 23.06.2019 06:30
Will mark the ! hurry ! drag and drop the ethnic group to identify the country where it is the majority. ethnic groups may be used more than once. match to the right boxcristian greeks. arabs. persiansiran qatar cyprus iraq
Answers: 1
You know the right answer?
Questions
Biology, 09.10.2019 20:00
Social Studies, 09.10.2019 20:00
Mathematics, 09.10.2019 20:00
Mathematics, 09.10.2019 20:00
Mathematics, 09.10.2019 20:00
Computers and Technology, 09.10.2019 20:00
Computers and Technology, 09.10.2019 20:00
Computers and Technology, 09.10.2019 20:00
