Business, 28.11.2021 02:10 Rosemckinney2351
Blossom Inc. sells an irrigation system that cost $195,000 to McGraw Company for $375,000 on March 2, 2017. The sales price includes an installation fee. The standalone price of the installation fee is $69,000. The standalone price of the irrigation system is $342,000. The installation is considered a separate performance obligation and is expected to take 3 months to complete.
A) Allocate Blossom’s total selling price for the irrigation system and installation to the two performance obligations (delivery of the irrigation system and installation).
Irrigation System: $
Installation: $
B) Complete Jornal Entry
Answers: 1
Business, 21.06.2019 22:30, tyneshiajones124
Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion, gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job
Answers: 1
Business, 22.06.2019 10:30, salvadorjr1226p4zkp3
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Business, 22.06.2019 12:50, iamhayls
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
Blossom Inc. sells an irrigation system that cost $195,000 to McGraw Company for $375,000 on March 2...
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