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please correct the X boxes with the right info Reverues are normaly recogrized when a company translers promised goods or services to customers in the
please correct the X boxes with the right info Reverues are normaly recogrized when a company translers promised goods or services to customers in the amount the company expects to be ertitied to recelve. Expense recopontion is cuided by an atiempt to match the cocts associated with the generation of those reweres to the came time period. Assume that the following transactions occurred in danuary: a. McGrawilit Education ises $3.800 worth of electriciyy and netural gas in its headquarten bullding for which it has not yet been bilied. b. At the beginning of dafiary. Tumet Construction Compary pays $1.350 for magazine advertising to nun in monely poblications each of the first tree months of the year. c. Dell pays lis rompther service techinicians $403,000 in salariv for the heo wewes ended danuary 7 . Answer frem Deils sandobint. wil be ployed in 5 eptemeber Answer frem the universitys standpoint, doys of delvery? t. Durling the lart week of Januaty, the compus bookstare sold 400 accounking texts received in fof of a sales price af 5280 eash Fucilois siandpont. retes. The pagment wi be made in early Febriaty Answer from Fuciloh standpolet. Anwer troan the ie iversily poit of pien Averer from warigs point of view 7. Derek incorsteated ton th deikrery van repaired is jasuary lot $500 ond churges the emeust on account. not been paid to eate. Mowner tom Marters stendooint mearined (x) Answer is complete but not entirely correct. Reverues are normaly recogrized when a company translers promised goods or services to customers in the amount the company expects to be ertitied to recelve. Expense recopontion is cuided by an atiempt to match the cocts associated with the generation of those reweres to the came time period. Assume that the following transactions occurred in danuary: a. McGrawilit Education ises $3.800 worth of electriciyy and netural gas in its headquarten bullding for which it has not yet been bilied. b. At the beginning of dafiary. Tumet Construction Compary pays $1.350 for magazine advertising to nun in monely poblications each of the first tree months of the year. c. Dell pays lis rompther service techinicians $403,000 in salariv for the heo wewes ended danuary 7 . Answer frem Deils sandobint. wil be ployed in 5 eptemeber Answer frem the universitys standpoint, doys of delvery? t. Durling the lart week of Januaty, the compus bookstare sold 400 accounking texts received in fof of a sales price af 5280 eash Fucilois siandpont. retes. The pagment wi be made in early Febriaty Answer from Fuciloh standpolet. Anwer troan the ie iversily poit of pien Averer from warigs point of view 7. Derek incorsteated ton th deikrery van repaired is jasuary lot $500 ond churges the emeust on account. not been paid to eate. Mowner tom Marters stendooint mearined (x) Answer is complete but not entirely correct
please correct the X boxes with the right info
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