prettygirl1053473
09.11.2019 •
Business
The mcdonaldization of society refers to the:
a. obesity epidemic in american society increased uniformity and rationality of society
b. due to fast-food restaurant operating principles
c. phenomenal success of mcdonald’s restaurants as a model for bureaucracies and governmental organizations
d. inevitable concentration of power at the top of organizations
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Ответ:
A)
Explanation:
obesity epidemic in American society increased uniformity and rationality of society
Ответ:
B. Credit to sales revenue
Explanation:
As per revenue recognition principle, revenue should be recognized when it is earned and not when cash is received.
As per accrual basis of accounting, revenue is to be recognized when the ownership of the goods has been passed by the seller to the buyer and there is reasonable assurance that payment would be received.
When a sale is effected and goods are delivered with reasonable certainty that payment would be received, following journal entry is recorded:
Accounts Receivable A/C Dr.
To Sales Revenue
(Being equipment sold recorded)