On October 1, 2016, Davis signed a two-year contract to provide handyman services on an as-needed basis to Winn Associates, with the contract to start immediately. Winn agreed to pay Davis $12,000 for the two-year period. Davis is confident that Winn will pay that amount, but payment is not scheduled to occur until 2017-2018.
Davis should recognize revenue in 2016 in the amount of :
A. $0.
B.$1,500.
C. $6,000.
D. $12,000.
Answers: 1
Business, 21.06.2019 14:50
Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. what were his money installment payments?
Answers: 3
Business, 22.06.2019 11:00
If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile,croquet,crouch,crocus.
Answers: 1
Business, 22.06.2019 11:30
Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above
Answers: 1
Business, 22.06.2019 13:50
The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?
Answers: 2
On October 1, 2016, Davis signed a two-year contract to provide handyman services on an as-needed ba...
Social Studies, 04.09.2020 23:01
Computers and Technology, 04.09.2020 23:01
Mathematics, 04.09.2020 23:01
English, 04.09.2020 23:01
Mathematics, 04.09.2020 23:01
Advanced Placement (AP), 04.09.2020 23:01
Computers and Technology, 04.09.2020 23:01
Biology, 04.09.2020 23:01
Biology, 04.09.2020 23:01