Question
John's likes has pricing options of: Bike Pack A: bike $1500 plus $80 membership per month for 1 year Bike: $2000 Membership: $100 per month
John's likes has pricing options of: Bike Pack A: bike $1500 plus $80 membership per month for 1 year Bike: $2000 Membership: $100 per month for 1 year Cost of inventory per bike is $1000 Cost of member ship per member per month $2 On November 1st 2021 John sold 1000 basic packages, paid with cash and delivery is delayed until March of next year
What is the balance of deferred revenue in Nov 2021?
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Financial & Managerial Accounting For Undergraduates
Authors: Jason Wallace, James Nelson, Karen Christensen, Theodore Hobson, Scott L. Matthews
2nd Edition
161853310X, 9781618533104
