Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. b. the revenue figure is inclusive of sales to a c

b. The revenue figure is inclusive of sales to a customer on 20 September 2019....

80.2K

Verified Solution

Question

Accounting

b. The revenue figure is inclusive of sales to a customer on 20 September 2019. 400 worth of these goods was returned on 29 September 2019 for defects, but this was not adjusted in the accounts. Discuss which qualitative characteristics is compromised.

(3 Marks)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Master Budget Case: Wooden Pull Toys Inc. Wooden Pull Toys Ltd. is a company that manufactures...

Accounting
Q

Suppose that each vehicle is initially moving at 7.0 m/s and that they undergo a perfectly...

Physics
Q

The direction of motion of conductor in Fleming s right hand rule is given by...

Biology
Q

1 kg 16 m s All M Before Collision 4 kg Before Collision After Collision...

Physics
Q

Courtney and Joe are power washing the patio. Courtney can power washthe entire patio in...

Basic Math
Q

HW 1 The data below is shown along with two possible lines of fit and...

Algebra
Q

Pick the graph of the following function f x x 4 x 2 29 3...

Algebra
Q

Ninon Inc. is into a garment industry. One of Ninon Inc.'s sectors produces t-shirts. The...

Accounting
Q

In 2012, Francois Landry, resident of Louisiana, funded the Landry Trust. The trust in- strument...

Accounting
Q

eBook Show Me How Bank Reconciliation An accounting clerk for Chesner Co. prepared the following...

Accounting
Q

Current Attempt in Progress Suppose this information is available for PepsiCo, Inc. for 2023, 2024,...

Accounting
Q

BIU V ilil Merge & Center Format Painter Clipboard Font Alignment -e 2 fx B...

Accounting