What the revenue that would be recorded by onetel co

Assignment Help Financial Accounting
Reference no: EM132604242

Question 1: OneTel Co provides a bundled-service package to J. Willis for $2000 upfront. The service package includes: i) upfront advice; ii) 'on-call' advice; and iii) database access for a 1-year period. If each service was sold separately to J. Willis the fees would be: i) Up-front advice: $400; ii) On-call advice: $1800; iii) Database access: $600. The revenue that would be recorded by OneTel Co at the commencement of the agreement is (rounded to the nearest whole dollar):

Select one:

Option a. $714.

Option b. $286.

Option c. $1000.

Option d. $2000.

Reference no: EM132604242

Questions Cloud

Determine how transaction appear in financial statements : Find How transaction will appear in the financial statements? Totally 1 million shares were issued and subscribed fully. Entire amount is collected.
What is the gain or loss on redemption : An amortized cost (carrying value) of $985,000. If the corporation redeems the bonds at 97.5, what is the gain or loss on redemption
Interacted with child with disability : Describe a time when you or someone you know interacted with a child with a disability.
Describe threat modeling technique which could have assisted : Describe threat modeling techniques which could have assisted in the mitigation of breach. How can the organization be better postured for future attacks?
What the revenue that would be recorded by onetel co : What the revenue that would be recorded by OneTel Co at the commencement of the agreement is? OneTel Co provides a bundled-service package
Describe how carbon is cycles in the environment : Describe how carbon is cycles in the environment
Produce organic material from inorganic substances : What are the processes that autotrophic organisms use to produce organic material from inorganic substances
What cash flow from operating activities during the year was : Accounts receivable increased by $26 000 and inventories decreased by $8 000. The cash flow from operating activities during the year was?
Define disadvantages of using color to represent information : Identify at least two advantages and two disadvantages of using color to visually represent information. Consider a group of documents that has been selected.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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