Question: Please help on part C. The answer isn't the following: 3,300,000 2,700,000 300,000 Alphabet Inc. (aka Google) reported the following disclosure in a recent Form
Please help on part C. The answer isn't the following:
3,300,000
2,700,000
300,000
Alphabet Inc. (aka Google) reported the following disclosure in a recent Form 10-K. to our customers and having a level of discretion in establishing pricing. not reflected as revenues. Required a. Does Google report the following transactions at gross or net (revenue)? 1. Sales revenue: App sales nue: In-app customer purchases through Google Play store 3. Advertising revenue: ads placed on Google Network Members' properties b. What accounting guidance did Google use to determine whether to record revenue at net or at gross? Guidance for principal vs. agent Gross amount billed to end users: $ Revenue recognized on Google's financial statements
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