ANswer all the questions, please!!

Chapter 18 Name: Content Learning Worksheet - Answer the question and provide the page number of your solution. 1. Considering revenue from contracts with Customers, revenue is recognized and measured based on which is called the approach 2. Name the five steps for Revenue recognition. 3. What is the basic 4-line entry made when a contract exists and performance obligation has been met? 4. Define a performance obligation. 5. What value is revenue recognized at in a non-cash transaction? 6. List the 5 indicators of change in control of a good or service. 7. When is revenue recognized in the following situations: Sales with Returns and Allowances - Credit Sales Sales with Returns and Allowances - Cash Sales Repurchase agreements Bill and hold Principle-agent Consignments Warranties Nonrefundable Upfront fees