subject
Business, 25.02.2020 19:25 Garciaapril1597

The following events pertain to Bills Company: December 28, 2021 Bills was contacted by a customer for possible accounting and tax services. December 30, 2021 Bills signed a formal agreement with the customer to provide accounting and tax services in 2022. January 4, 2022 The customer paid $1,000 in advance for the services to be provided by Bills Company. January 11, 2022 Bills provided accounting and tax services to the customer. Using accrual-basis accounting, on which date should Bills Company record revenue for the accounting and tax services?a. December 30, 2021.b. December 31, 2021.c. January 4, 2022.d. January 11, 2022.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:30
Big trail running company has started to produce running apparel in addition to the trail running shoes that they have manufactured for years. they feel that a departmental overhead rate would best reflect their overall manufacturing overhead usage. based on research the following information was gathered for the upcoming year: machining department finishing department estimated manufacturing overhead by department $ 600 comma 000 $ 400 comma 000 trail running shoes 440 comma 000 machine hours 11 comma 000 direct labor hours running apparel 60 comma 000 machine hours 39 comma 000 direct labor hours manufacturing overhead is driven by machine hours for the machining department and direct labor hours for the finishing department. at the end of the year, the following information was gathered related to the production of the trail running shoes and running apparel: machining department finishing department trail running shoes 442 comma 000 hours 10 comma 500 hours running apparel 57 comma 000 hours 40 comma 000 hours how much manufacturing overhead will be allocated to the trail running shoes
Answers: 3
question
Business, 22.06.2019 19:30
Which of the following constitute the types of unemployment occurring at the natural rate of unemployment? a. frictional and cyclical unemployment.b. structural and frictional unemployment.c. cyclical and structural unemployment.d. frictional, structural, and cyclical unemployment.
Answers: 2
question
Business, 23.06.2019 11:00
Which of the following is not a benefit typically offered by employers? a. health insurance b. vacation pay c. retirement plans d. guaranteed raises
Answers: 1
question
Business, 23.06.2019 16:00
On january 2, 2016, twilight hospital purchased a $94,800 special radiology scanner from bella inc. the scanner had a useful life of 4 years and was estimated to have no disposal value at the end of its useful life. the straight-line method of depreciation is used on this scanner. annual operating costs with this scanner are $106,000. approximately one year later, the hospital is approached by dyno technology salesperson, jacob cullen, who indicated that purchasing the scanner in 2016 from bella inc. was a mistake. he points out that dyno has a scanner that will save twilight hospital $26,000 a year in operating expenses over its 3-year useful life. jacob notes that the new scanner will cost $111,000 and has the same capabilities as the scanner purchased last year. the hospital agrees that both scanners are of equal quality. the new scanner will have no disposal value. jacob agrees to buy the old scanner from twilight hospital for $40,500. if twilight hospital sells its old scanner on january 2, 2017, compute the gain or loss on the sale. prepare an incremental analysis of twilight hospital.
Answers: 2
You know the right answer?
The following events pertain to Bills Company: December 28, 2021 Bills was contacted by a customer f...
Questions
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
History, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
question
Mathematics, 17.09.2020 03:01
Questions on the website: 13722367