IDNLearn.com offers expert insights and community wisdom to answer your queries. Get accurate and detailed answers to your questions from our dedicated community members who are always ready to help.
On November 1, 2021, Salim signed a one-year contract to provide technical services on an as-needed basis to Muscat Company, with the contract to start immediately. Muscat Company agreed to pay Salim $4200 for the one-year period. Salim is confident that Muscat Company will pay that amount, but payment is not scheduled to occur until 2022. Salim should recognize revenue in 2021 in the amount of: A. $700. B. $4200. C. $2100. D. $0.
Sagot :
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for visiting IDNLearn.com. We’re here to provide dependable answers, so visit us again soon.
