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1on july 1 2013 the foster company sold inventory to the slate corporation for 300000 terms of the sale called for a
1this is a variation of exercise 5-5 focusing on journal entries on july 1 2013 the foster company sold inventory to
1wolf computer company began operations in 2013 the company allows customers to pay in installments for many of its
1on april 1 2013 the apex corporation sold a parcel of underdeveloped land to the applegate construction company for
on june 15 2013 sanderson construction entered into a long term construction contract to build a baseball stadium in
1on february 1 2013 arrow construction company entered into a three year construction contract to build a bridge for a
this is a variation of exercise 5 13 focusing on the completed contract method on february 1 2013 arrow construction
in 2013 long construction corporation began construction work under a three year contract the contract price is 1600000
1on october 1 2013 the submarine sandwich company entered into a franchise agreement with an individualin exchange for
1the 2013 income statement of anderson medical supply company reported net sales of 8 million cost of goods sold of 48
1on august 31 2013 the silva company sold merchandise to the bendix corporation for 500000 terms of the sale called for
in 2013 the westgate construction company entered into a contract to construct a road for santa clara county for
financial statements for askew industries for 2013 are shown belowrequiredcalculate the following ratios for 20131
jerrys ice cream parlor is considering a marketing plan to increase sales of ice cream cones the plan will give
1on october 1 2013 the marshall company sold a large piece of machinery to the hammond construction company for 80000
1what are the five key steps to recognizing
1what characteristics make a good or service a separate performance
1when does an option granted with the sale of a good or service give rise to a separate performance obligation in the
1on what basis is the transaction price of a contract allocated to the contracts separate performance
1what indicators suggest that a performance obligation has been satisfied with respect to a good
1what determines whether a company can recognize revenue over time when constructing an asset for a
1richter landscaping writes an agreement with a customer indicating that it will provide future landscaping services at
1sarjit systems sold software to a customer for 90000 as part of the contract sarjit promises to provide free technical
1assume estate construction is constructing a building for cyberb an online retailing company under the construction
1patterson inc receives a 10000 payment two years in advance of delivering a completed novel a five percent interest