Business, 26.07.2019 06:10 sabrinarasull1pe6s61
On october 1, 20x1, acme fuel co. sold 100,000 gallons of heating oil to karn co. at $3 per gallon. fifty thousand gallons were delivered on december 15, 20x1, and the remaining 50,000 gallons were delivered on january 15, 20x2. payment terms were: 50% due on october 1, 20x1, 25% due on first delivery, and the remaining 25% due on second delivery. what amount of revenue should acme recognize from this sale during 20x1?
a. $75,000
b. $225,000
c. $150,000
d. $300,000
Answers: 1
Business, 21.06.2019 22:10, angellynn581
3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?
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Business, 22.06.2019 11:00, sbelgirl2000
Consider an economy where government expenditures are 10 and total tax revenues are 10. the supply of labor is fixed at 125 and the supply of capital is fixed at 8. the economy is described by the following equations. y k to the power of 1 divided by 3 end exponent l to the power of 2 divided by 3 end exponent c 2.5 + 0.75 ( y - t ) i 10 - 0.5 r the level of private savings is
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Business, 23.06.2019 01:00, marioshadowman12
To travelers know what to expect researchers collect the prices of commodities
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Business, 23.06.2019 03:20, briyuna15
Suppose the following items were taken from the 2017 financial statements of whispering winds corp.. (all dollars are in millions.) common stock $3,230 accumulated depreciation—equipment $3,940 prepaid rent 175 accounts payable 1,560 equipment 6,940 patents 2,270 stock investments (long-term) 670 notes payable (long-term) 780 debt investments (short-term) 1,740 retained earnings 6,175 income taxes payable 150 accounts receivable 1,740 cash 1,290 inventory 1,010 prepare a classified balance sheet in good form as of december 31, 2017. (list current assets in order of liquidity.)
Answers: 3
On october 1, 20x1, acme fuel co. sold 100,000 gallons of heating oil to karn co. at $3 per gallon....
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