Question;week 4Revenue Recognition (graded)Hello Class,When a company sells a product for cash, it generally recognizes the revenue. However, there are situations when it is not always clear when a company should recognize the revenue. 1) How do you handle a car dealership that sells a warranty contract to its customers for $650 that will cover the next 5 years?Time Value of Money Concepts (graded)Hello Class,You might think of the "time value of money" to be a topic for Finance class, but accountants need an understanding of this topic as well. Let's discuss where/why an accountant may need to use these skills/calculations.
Paper#38831 | Written in 18-Jul-2015Price : $22