In general, why are up-front, nonrefundable fees not recognized as revenue immediately?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 84% (13 reviews)
Upfront nonrefundable fees are not recogniz...View the full answer
Answered By
Anshika Dubey
I have already taught Physics to students in a school. I have experience with different kind of students so I know how to handle students differently. I always teach concepts with the help of stories. As Physics is the study of laws of nature we can actually connect to daily household activities while studying Physics that's what I do I relate the concepts to the things which students know and which is trivial so it makes easy for them to understand concepts. Also, give assignments regularly which helps students to develop interest in subject. Physics is the subject most relatable to our day to day lives what we observe happening in nature. What I think is Physics is already very interesting subject one just have to build interest of students to it in the beginning.
I hope you will find it very interesting while studying with me and you will also become a physics lover.
0.00
0 Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
Question Posted:
Students also viewed these Accounting questions
-
Why might revenue be recognized at a time other than the sale? What are the alternative revenue recognition methods and for what might they be used?
-
Why shouldnt revenue be recognized until the transaction price can be definitely determined?
-
Why is revenue sometimes recognized at a time other than the sale?
-
What is the future value at the end of the 20th semester of an annuity due with 20 semiannual payments of $500 each, evaluated at an annual interest rate of 10%?
-
The Treasury department issued a 10-year bond on January 1, 2015. The par value is $1,000 and the annual coupon rate is 10%. The bond pays two coupons every year, one at the end of June and one at...
-
Fickel Company has two manufacturing departments Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $ 2 2 . 0 0 per direct labor - hour and $ 1...
-
Use a stem-and-leaf plot to display the data, which represent the runs scored by a batsman in a World Cup series. Organize the data using the indicated type of graph. Describe any patterns. 70 75 71...
-
Quinn Corporation is subject to tax in States G, H, and I. Quinns compensation expense includes the following. Officers' salaries are included in the payroll factor for G and I, but not for H....
-
What are some strategies to make use of Opportunities to minimize the Weaknesses of the company Revlon? What are some strategies to minimize the potential dangers lying in sectors where Weaknesses...
-
Your brother has just started a new job as the Controller of an IESBA restricted audit client. You do not serve on the audit engagement. What steps must you take to ensure your independence is not...
-
What is the significance of customer acceptance provisions?
-
Under EITF 00-21, when is a delivered element of a multiple-element arrangement considered to be a unit of accounting?
-
Suppose 1.00 mole of HCl is dissolved in enough water to give 500.0 mL of solution. (a) What is the H 3 O + concentration? ( When 1 mole of HCl dissociates, we get 1 mole of H 3 O + ions because the...
-
Aran Sweaters Ltd designs and markets wool jumpers to many retailers and distributors around Europe. Its corporate headquarters are situated in Dublin, Ireland. Manufacturing is done by a...
-
Laboratory tests of a membrane for \(\mathrm{H}_{2} / \mathrm{CH}_{4}\) separation gave a permeate composition of \(80 \% \mathrm{H}_{2}\) and a \(20 \%\) cut when the feed was \(50 \%...
-
If the air flow rate to the absorber of Problems 5.3 and 5.4 is reduced to 1.0 standard \(\mathrm{m}^{3} / \mathrm{kg}\) of water, calculate concentration of ammonia in the exit water if 8 real trays...
-
The Murphree plate efficiency for the ammonia stripper of Problem 5.3 is constant at \(53.5 \%\). Estimate the number of real trays required. Data From Problem 5.3:- A tray tower providing six...
-
Select a company you want to learn more about. Using online and/or library resources, including websites on the companys industry and its website and annual report, fill out the following External...
-
What is transformed in the application of GLS? Describe how that transformation takes place.
-
Cleaning Service Company's Trial Balance on December 31, 2020 is as follows: Account name Debit Credit Cash 700 Supplies Pre-paid insurance Pre-paid office rent Equipment Accumulated depreciation -...
-
Some recently discovered planets in other solar systems are so hot that they glow in the visible; they are literally red hot (e.g., do a Google search for HD 149026b). (a) How many atmospheric layers...
-
Use the information from BE7-2, assuming Restin Co. uses the net method to account for cash discounts. Prepare the required journal entries for Restin Co.
-
Use the information from BE7-2, assuming Restin Co. uses the net method to account for cash discounts. Prepare the required journal entries for Restin Co.
-
Use the information from BE7-2, assuming Restin Co. uses the net method to account for cash discounts. Prepare the required journal entries for Restin Co.
-
A) Translate the following C into RV641 assembly. Be sure to follow the calling (Refer to slide22 of lec6_postZoom.pdf) and comment each line of your assembly. Remember that long long is 64 bits in...
-
Given a Binary Tree, find the maximum sum path from a leaf to root. Input: 1 A Input: 10 -27 4 23 Output: Explanation Following the path 3-1, results in a sum of 4, which is the maximum path sum from...
-
On December 1 , 2 0 1 5 , your company pays $ 2 4 , 0 0 0 for rent on your store that covers the next 6 months. When you paid the cash, you debited Prepaid Rent.. The adjusting journal entry on...
Study smarter with the SolutionInn App