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In Oct 2019, a company entered a contract that provides 50,000 in exchange for their services. They were paid the full amount in Nov 2019,
In Oct 2019, a company entered a contract that provides 50,000 in exchange for their services. They were paid the full amount in Nov 2019, but will not deliver the product until July 2020. If Im filling the Form 1120 2019 what do we report as income?
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp, Loreen Knapp
5th Edition
032418834X, 978-0324188349
