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Yes both statements related to same thing and which is services revenue for business.
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∙ 9y ago
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When services are sold on account?
Services are sold on account by which, when you receive revenue or income, it will be receivable if the revenue or income are not earned when the services is/or/are already performed
Cost of goods sold in cost accounting?
Cost of goods sold.
What is gasoline sold by?
At the pump station services Gasoline is sold by the gallon.
What is indirect services?
services produced and then sold to other people in need of them
Cost of goods sold is determined only at the end of the accounting period in?
The inventory system used to determine the cost of goods sold at the end of accounting period is called Periodic Inventory System. This requires physical inventory check.
What is consignment arrangement in financial accounting?
when the consignor has ownership until goods are sold to a customer
Why do consumers directly benefit from greater productivity?
Goods and services are produced faster and can be sold more cheaplyGoods and services are produced faster and can be sold more cheaply.It is easier to compare prices. Goods and services are produced faster and can be sold more cheaply.
What is the commercial value of Mexico City?
I gues you mean "Gross Domestic Product", or total value of products and services sold throughout the city in a year. That would be of some US$ 168 billion for 2006, accounting for 21.5% of Mexico's total GDP.
If items are sold before probate do they have to be returned?
It is not necessary to return items sold before probate. But there must be a full accounting and all monies put to the estate.
What is exit price accounting?
Exit price accounting is a form of current cist accounting which occures when an entity decisde to exit the industry, it sold out its assets based on its net selling prices at the balance sheet date and on the basis of orderly sales.
What are goods and services sold to foreigners called?
data
How are fractions used in a job of accounting?
Fractions are used in many places in accounting. Usually turned into decimal point factions, they are calculated as part of a whole number of units or pieces sold.
