When should ron show that the revenue was earned

Reference no: EM13131236

Ron's Hot Rod Shop follows the revenue recognition principle. Ron services a car on July 31. The customer picks up the vehicle on August 1 and mails the payment to Ron on August 5. Ron receives the check in the mail on August 6. When should Ron show that the revenue was earned?

Reference no: EM13131236

Questions Cloud

How many moles of silver are in the sample : If a sample of pure silver (Ag) contains 3.35 x 1022 atoms of iodine, how many moles of silver are in the sample?

What are the essential components of logical argument : We can recognize that athletes who participate in sports must be given special consideration in our grading system, or we can let the university sink into athletic oblivion.

Calculations with gaussian random variables : Suppose that X1 and X2 are Gaussian random variables with means µ1 and µ2 respectively. Assume that µ1 ≠ µ2. The variance for each of the two random variables is σ2. Find the value of x for which fx1(x) = fx2(x).

Find the probability that randomly chosen worker is married : Company reveal that 70% of the workers are married, 36% are college graduates, and half of the college graduates are married. What is the probability that a randomly chosen worker is?

When should ron show that the revenue was earned : Ron's Hot Rod Shop follows the revenue recognition principle. Ron services a car on July 31. The customer picks up the vehicle on August 1 and mails the payment to Ron on August 5. Ron receives the check in the mail on August 6. When should Ron sh..

How many grams of n2 are in the container : A quantity of N2 is kept in a 12.8 L contianer at a temperature of 42 C and at pressure of 4.7 atm. how many grams of N2 are in the container?

Implications of being able to read and write. : Illustrating the implications of being able to read and write. Why is it important?

Finding a mentor : Explore how someone goes about finding a mentor to help you in your career pursuits. You will also identify a number of companies you would like to work for and at least one community organization that you could join to learn more about your career a..

Find standard deviation of rate of return on investment : Chance of tripling your investment in a year and a .3 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment?

User Account

All Pages