0

Subjects>Law & Government>United States Government

Someone accepts a legal engagement in March performs the work in April and is paid in May If that person prepares monthly financial statements when should they recognize revenue from this engageme?

Magliotti ∙

Lvl 1

∙ 16y ago

Updated: 11/6/2022

Revenue is normally recognized when it is earned. Assuming all work was performed in April, the revenue should be recognized in April. (Dr. A/R; Cr. Revenue)

Wiki User

∙ 16y ago

What else can I help you with?

Related Questions

Trending Questions

At the JFK inauguration parade what group from Boston latin school led it? What was James Garfield's salary? How was the department of justice organized? Do people pay taxes to the government? Why was Warren G. Harding 1 of the 10 worst president? What were two changes in the powers of congress? What was John Adams platform? What number of debaters work for the President? Example of Internal rate of return? Who was president during the begging of the Vietnam war? Who were the anticommunist counterrevolutionaries in Nicaragua that the Reagan administration backed? Who is on the 5 dollar bill of the US? Which of these words has the short a sound bayonet abhor hatred? What are all the ROTC commands? Did President Andrew Johnson vetoe the Freedman's Bureau Act? Did Damon ever marry Terry by the end of 'Soul Food'? Which principle of training focuses on individual and small-unit skills? What does the first presidential inauguration timeline look like? Is John Hinckley Junior still in jail? Among the expressed powers of the congress are the power to collect?

Resources

Top Categories

Product

Company

Copyright ©2025 Answers.com. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.