Awree Natcatnotus Inc had the following select transactions with Green Landscaping Inc between September 2021 to...

 

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Awree Natcatnotus Inc had the following select transactions with Green Landscaping Inc between September 2021 to December 2021. 1. September 7: Awree Natcatnotus provided business consulting services of $25,.000 and billed Green Landscaping Inc for the services. Green Landscaping will be in 30 days. 2. September 12: Awree Natcacnotus signed a $42,000 six-month consulting contract with ABC Tutors. Services will commence in January of next year and payment will be made monthly after services start. 3. October 6: Green Landscaping paid the $25,000 it owed, 4. October 12: Awree Natcatnotus received $25,000 from Green Landscaping for services to be provided over the next two months. 5. October 25: Awree Natcacnotus provided business consulting services worth $17.000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount. 6. November 27: Awree Natcacnotus provided business consulting services worth $12.000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount, and promised to pay any balance not covered by the $25,000 paid on October 12 with 7. December 5: Awree Natcatnotus received $40.000 from Green Landscaping being payment of past services and any remaining balance to be applied towards payment for future services. 15 days REQUIRED: Using the above six transactions, how much total revenue should Awree Natcacnotus Inc record? Explain. Cite sources. Responses without sources will inccur a 5-point penalty. Awree Natcatnotus Inc had the following select transactions with Green Landscaping Inc between September 2021 to December 2021. 1. September 7: Awree Natcatnotus provided business consulting services of $25,.000 and billed Green Landscaping Inc for the services. Green Landscaping will be in 30 days. 2. September 12: Awree Natcacnotus signed a $42,000 six-month consulting contract with ABC Tutors. Services will commence in January of next year and payment will be made monthly after services start. 3. October 6: Green Landscaping paid the $25,000 it owed, 4. October 12: Awree Natcatnotus received $25,000 from Green Landscaping for services to be provided over the next two months. 5. October 25: Awree Natcacnotus provided business consulting services worth $17.000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount. 6. November 27: Awree Natcacnotus provided business consulting services worth $12.000 and billed Green Landscaping. Green Landscaping acknowledged the invoiced and agreed to the amount, and promised to pay any balance not covered by the $25,000 paid on October 12 with 7. December 5: Awree Natcatnotus received $40.000 from Green Landscaping being payment of past services and any remaining balance to be applied towards payment for future services. 15 days REQUIRED: Using the above six transactions, how much total revenue should Awree Natcacnotus Inc record? Explain. Cite sources. Responses without sources will inccur a 5-point penalty.

Answer rating: 100% (QA)

1 25000 will be treated as revenue 2 The srvices will be p... View the full answer