Deferred is that is When common Mock it issued in exchange for a the should be a

Question

Deferred is that is When common Mock it issued in exchange for a the should be at Revenues are reported when Which of the following taxes Mould be deducted in determining an employee's net pay? One of the main disadvantages of the corporate form is the The charter of a corporation provides for the issuance of 100.000 shares of common stock. Assume that 45.000 shares were originally issued and 5.000 were subsequently reacquired. What is the amount of cash dividends to be paid if a $2 per share dividend is declared?

Explanation / Answer

7 Deferred Revenue is the amount that has been received in advance but the revenue is not earned The correct answer is D. Not Earned but the cash has been received 8 b. Depreciation The depreciation is used to write off the cost of the Asset on the basis of useful life of the asset 9 d. The fair market value of the asset acquired or the fair market value of the stock whichever can be determined more objectively. 10 Revenues are reported when the work is completed on the job The correct answer is d. Work is completed on the job

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