subject
Business, 15.02.2021 20:20 savannahwonder

On September 1, Year 1, Gomez Company collected $23,100 in advance from a customer for services to be provided over a one-year period beginning on that date. How much revenue would Gomez Company report related to this contract on its income statement for the year ended December 31, Year 1

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 08:00
3. describe the purpose of the sec. (1-4 sentences. 2.0 points)
Answers: 3
question
Business, 22.06.2019 11:40
The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?
Answers: 3
question
Business, 22.06.2019 19:30
Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.
Answers: 2
question
Business, 22.06.2019 21:20
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
You know the right answer?
On September 1, Year 1, Gomez Company collected $23,100 in advance from a customer for services to b...
Questions
question
Mathematics, 24.11.2020 01:00
question
Mathematics, 24.11.2020 01:00
question
Mathematics, 24.11.2020 01:00
question
French, 24.11.2020 01:00
question
Spanish, 24.11.2020 01:00
question
Physics, 24.11.2020 01:00