掃碼下載APP
及時接收最新考試資訊及
備考信息
For $50 a month, Rawl Co. visits its customers' premises and performs insect control services. If customers experience problems between regularly scheduled visits, Rawl makes service calls at no additional charge. Instead of paying monthly, customers may pay an annual fee of $540 in advance. For a customer who pays the annual fee in advance, Rawl should recognize the related revenue under U.S. GAAP:
a. At the end of the contract year after all of the services have been performed.
b. At the end of the fiscal year.
c. When the cash is collected.
d. Evenly over the contract year as the services are performed.
Explanation
Choice "d" is correct. For a customer who pays the $540 annual fee in advance, the related revenue should be recognized evenly over the contract year as the services are performed (GAAP-accrual basis of accounting).
Choice "c" is incorrect. Under the cash basis of accounting, revenue is recognized when the cash is collected.
Choice "b" is incorrect. Revenue should not be recognized at the end of the fiscal year; it should be recognized evenly over the contract year.
Choice "a" is incorrect. Revenue should not be recognized at the end of the contract year after all of the services have been performed; it should be recognized evenly over the contract year.
Copyright © 2000 - m.electedteal.com All Rights Reserved. 北京正保會計科技有限公司 版權所有
京B2-20200959 京ICP備20012371號-7 出版物經營許可證 京公網安備 11010802044457號
套餐D大額券
¥
去使用 主站蜘蛛池模板: 黄色一级毛片 | 国产在线观看一区二区 | 激情影院免费观看 | 美女国内精品自产拍在线播放 | free性中国 | 日韩一级精品 | 国产精品99一区二区三区 | 毛片久久| 毛片在线免费播放 | 欧美成人一区二区 | 欧美一区二区 | 在线观看日韩精品 | 国外成人在线视频网站 | 47pao国产成永久免费视频 | 国产欧美久久久久久 | 成人免费淫片视频软件 | 黄色一级在线 | 玖玖玖视频| 国产在线一二三四区 | 成人国产精品入麻豆 | 欧美一区二区网站 | 亚洲视频欧美视频 | 成人精品影院 | 国产成人极品 | 福利视频一区二区 | 亚洲va国产va天堂va久久 | 91麻豆精品国产91久久久久久久久 | 91久久久久久 | 国产97在线 | 免费 | 久久久av | 精品久久久久久国产 | ww视频网站看禁片 | 成人午夜毛片 | 成人免费网址 | 国产精品毛片一区二区三区 | 国产精品999视频 | 国产黄色在线观看 | 国产农村妇女毛片精品久久麻豆 | 不卡一二三区 | 寡妇一级毛片免费看 | 国内精品一区二区三区 |