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Select from the option list provided the revenue(s), or lack of revenue, for the transactions of Corporation A described below. Each choice may be used

Select from the option list provided the revenue(s), or lack of revenue, for the transactions of Corporation A described below. Each choice may be used once, more than once, or not at all.

-Realizable

-Earned

-Realizable and earned

-Neither realizable nor earned

1. Corporation A sells inventory on account and has delivered the goods.

2. Corporation A rents extra office space with a yearly lease.

3. Corporation A sells inventory for cash but has not delivered the goods.

4. Corporation A has performed services for Corporation X but has not been paid.

5. Corporation A agrees to perform services for Corporation X at some time in the future.

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