Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SmaGlo, Inc., un operador de telecomunicaciones, celebr un contrato con Kim Dorothy el 1 de marzo de 20x7. De acuerdo con el contrato, Kim Dorothy

SmaGlo, Inc., un operador de telecomunicaciones, celebr un contrato con Kim Dorothy el 1 de marzo de 20x7. De acuerdo con el contrato, Kim Dorothy se suscribe al plan mensual de SmaGlo durante 12 meses y, a cambio, Kim Dorothy recibe un telfono Apple I-Phone gratis de SmaGlo. Kim Dorothy pagar una tarifa mensual de P1,200. Kim Dorothy obtiene el telfono inmediatamente despus de la firma del contrato.

SmaGlo vende los mismos telfonos por P2,400 y los mismos planes mensuales por P800 por mes sin telfono.

El 31 de diciembre de 20x7, los ingresos totales ascendieron a:

a. 960

b. Ninguno

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: Craig Deegan, H. Bierman

4th Edition

0071013148, 978-0071013147

More Books

Students also viewed these Accounting questions

Question

Find the value of each expression if x = 3 and y = -2. |x|+ |y|

Answered: 1 week ago

Question

Appreciate common obstacles to performance appraisals

Answered: 1 week ago

Question

Recognize traditional approaches to performance appraisals

Answered: 1 week ago