How does the computation of the financing component differ when delivery is before and after the payment?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
If the delivery occurs before payment then the entity discounts the promised consideration amount ba...View the full answer
Answered By
ABHISHEK KUMAR
I am a civil engineering graduate passed out in 2017. I have a great interst in teaching so i join some a coaching as a civil engineering faculty and along with this i started to iincrase my earning with the help of online tutoring platform chegg.com. After some time i am selected for civil engineering subject matter exoert in indoglobe ecademictube, thus cimpany is also a online tutoring platform where i have to help the student all over the in their civil engineering homework assignment and any civil engineering problem they have.I have a great experience there because i have learnt so many things and also know what is the syllabus taught in world in civil engineering filed. i almost encounter all types of problems of civil engineering.
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
Question Posted:
Students also viewed these Accounting questions
-
How does the computation of the Dow Jones Industrial Average differ from Standard & Poors 500 stock index and the Value Line index?
-
How does the computation of cost of goods sold for a manufacturer differ from that of a merchandiser?
-
How does the computation of equivalent units under the FIFO method differ from the computation of equivalent units under the weighted-average method?
-
Aussie Infonautics, Inc., produces handheld Windows CE¢-compatible organizers. Aussie Infonautics markets three different handheld models. PalmPro is a soupedup version for the executive on the...
-
From 10 men and 8 women in a pool of potential jurors, 12 are chosen at random to constitute a jury. Suppose that you observe the number of men who are chosen for the jury. Let A be the event that at...
-
Joey Cuono started his own consulting firm, Cuono Company, on June 1, 2014. The trial balance at June 30 is shown below. In addition to those accounts listed on the trial balance, the chart of...
-
Visit www.pearsonglobaleditions.com/malhotra to read the video case and view the accompanying video. Subaru: Mr. Survey Monitors Customer Satisfaction presents an interesting overview of Joe...
-
International Foods, a U.S. company, acquired two companies in 2013. As a result, its consolidated financial statements include the following acquired intangibles: Goodwill was assigned to the...
-
The wholesale price for a chair is 1 0 3 . A certain furniture store and mark up the wholesale price by 1 7 % . Find the price of the chair in the furniture store. Round your answer to the nearest...
-
During 2020, Quinn Company sold equipment with a book value of $90,000 for proceeds of $109,000. The company purchased new equipment for $240,000 by signing a long- term note payable. No other...
-
What factors should accountants consider to determine if there is a significant financing component in a contract?
-
How does a seller account for any consideration paid to a customer?
-
Express the following proper fractions as partial fractions. a. b. c. d. 2x-3x+2 x(x + 1)
-
The value of a business's fixed asset life ratio has increased in each of the last three years. What conclusion could you draw from this?
-
Investigate the importance of XBRL extensions (extension taxonomies). Do XBRL extensions increase the comparability of financial reports? If so, how? Is there any evidence (research papers, articles,...
-
The fast food restaurant industry in a large city would be an example of which market modelZero economic profits mean that the firm is earning, revenues that are equal to its accounting profits as...
-
A Maryland public school classroom teacher holding a standard or advanced professional certificate may claim a nonrefundable credit against state income tax for up to what amount of their...
-
Explain which closing disclosure calculations of closing cost details (under loan costs and other costs) are incorrect, show the corrected calculations, and the actual math used to make your...
-
The value V (in thousands of dollars) of an industrial machine is modeled by where N is the number of hours the machine is used each day. Suppose further that usage varies with time in such a way...
-
For the given transfer function: Vo(s) / Vi(s) = (s^2C^2R^2 + 1) / (s^2C^2R^2 + 4sCR + 1) Assumiing that 1/(CR) = 120 PI so write the matlab code to find the magnitude plot
-
(Earnings Per Share) The stockholders equity section of Tkachuk Corporation appears below as of December 31, 2004. 8% cumulative preferred stock, $50 par value, authorized 100,000 shares, outstanding...
-
(Retained Earnings Statement) Eddie Zambrano Corporation began operations on January 1, 2001. During its first 3 years of operations, Zambrano reported net income and declared dividends as follows....
-
(Earnings per Share) At December 31, 2003, Shiga Naoya Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 107,500 shares $10,750,000 Common stock, $5 par,...
-
1) Explain how a Preschool program can help to bring a sense of belonging for the child? 2) It is important for a program to provide physical environments that are age-appropriate and that support...
-
Your company decided to organize a special dinner to appreciate all the employees and it has been proposed that the dinner to be held in the middle of December 2021. You have been appointed as the...
-
Select a two-dimensional image to analyze that is either a work of art (photograph, illustration, or painting) or an advertisement. What is the FTC analysis?Use the FTC palette to break down the...
Study smarter with the SolutionInn App