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What is the answer for number 31? How much revenue should Koonce recognize in the first month of their upcoming season? Number 2 sG Review

image text in transcribed What is the answer for number 31? How much revenue should Koonce recognize in the first month of their upcoming season?
Number 2 sG Review View AaBbccDdEe AaBbccDdEe AaBb Headi No spacing or ble accounts would be classified among On a classified balance sheet allow liabilities. Current liabilities return policy. It Inc offers an uncondii period normally expects 2% of sales at retail selling 30. before amount of net records total sales prices to be for the current pen ooo Sales should it record for this period? 2 points $10 million turned c (O Ogooo Koonce company operates a performing arts season of six and should Koonce the next six months. How much revenue $540,000 cash. The sells tickets for its upcoming company over recognized in the first month of their upcoming 2 points inventory costs are rising, which inventory costing method -FIFo. LIFo, or average cost yields 32 the 2 points a lowest ending inventory LI b largest net income FIFO $21,000 is expected to have a$1,800 salvage value at the end of its useful 33. A delivery van costing five years. Assume that the truck was purchased on January Compute the depreciation expense for the first two calendar years under the folowing depreciation methods: 4 points 384O straight-line b. Double-declining balance 50

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