A car dealer sold a car on december 31 2010 the dealer

Assignment Help Accounting Basics
Reference no: EM13595602

A car dealer sold a car on December 31, 2010. The dealer agreed to let the customer pay cash in January 2011. Does the dealer earn revenue in 2010 or 2011. Support your answer.

Reference no: EM13595602

Questions Cloud

If the preferred stock is perpetual and comparable : given the following information concerning a 2.00 convertible preferred stock one share of preferred is convertible
A student purified a 500-mg sample of phthalic acid by : a student purified a 500-mg sample of phthalic acid by recrystallization from water. the published solubility of
Two vessels are labeled a and b vessel a contains nh3 gas : two vessels are labeled a and b. vessel a contains nh3 gas at 75 degrees celsius and vessel b contains neon gas at the
How do primary debt and equity market transactions benefit : how do primary debt and equity market transactions benefit corporations? why do secondary market transactions for
A car dealer sold a car on december 31 2010 the dealer : a car dealer sold a car on december 31 2010. the dealer agreed to let the customer pay cash in january 2011. does the
A mixture of ideal gases having a total mass of 141 g is : a mixture of ideal gases having a total mass of 14.1 g is placed in a 13 l vessel at 251.0 k. the equilibrium pressure
Write the chemical mechanism that explains the formation of : write the chemical mechanism that explains the formation of products from the dehydration of 2-methylcyclohexanol under
A car dealership sells a 3 year warranty to its customers : a car dealership sells a 3 year warranty to its customers for a one time fee paid at the time of enrollment. the
Aluminum has a face-centered cubic lattice with all atoms : aluminum has a face-centered cubic lattice with all atoms at lattice points and a unit-cell edge length of 405.0 pm.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd