When does a company account for revenue if it uses cash basis accounting?
A) when services are performed, even though cash may be received at a later date
B) when cash is received after the service is performed
C) when the services are being performed
D) when cash is received, either prior to, at the time of, or after the services are performed
D
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On August 1, Year 1, Jackson Company issued a one-year $72,000 face value interest-bearing note with a stated interest rate of 9.00% to Galaxy Bank. Jackson accrues interest expense on December 31, Year 1, its calendar year-end.What is the amount of interest expense and the total cash outflow related to the note during the year ending December 31, Year 2? (Do not round your intermediate calculations.)
A.
| Interest Expense | Cash Outflow |
| $2700? | $6480? |
B.
| Interest Expense | Cash Outflow |
| $6480? | $3780? |
C.
| Interest Expense | Cash Outflow |
| $3780? | $78,480? |
D.
| Interest Expense | Cash Outflow |
| $6480? | $72,000? |
Lauren is balancing school and a job but is maintaining a positive outlook, working harder, and seeking advice and help. This is known as ______.
A. cognitive coping B. behavioral coping C. role conflict D. social support
Explain the three key capabilities of mass-customization
What will be an ideal response?
Many of the 3-D jobs filled by migrants employ ______ workers, that is, workers who do not have a contract, work without benefits, are paid "under the table," and whose employment often violates local laws.
Fill in the blank(s) with the appropriate word(s).