A company performs 20 days of work on a 30-day contract before the end of the year. The total contract is valued at $6,000, with payment received in advance. The $6,000 cash receipt was initially recorded as Unearned Revenue. The required adjusting entry includes a $4,000 debit to Unearned Revenue.
Answer the following statement true (T) or false (F)
True
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A. short B. equal C. long D. unequal
When conducting an audience analysis, who should be considered?
A) The primary audience B) Both the primary and the secondary audience C) All stakeholders D) Leadership E) The secondary audience
What factors enter into choosing the accounting method for leases under U.S. GAAP and IFRS?
Nestlé's brand management capabilities for its 2000-plus food, beverage, and pet care brands are
A. part of an inventory or collection of the firm's strengths, weaknesses, opportunities, and threats. B. categorized as tangible and/or intangible resources C. intangible resources only, because they consist of patents, copyrights, and technological processes. D. representative of physical resources only. E. known as productive inputs or competitive assets, while human assets and intellectual capital are, which are considered capabilities or competencies.