Binz company provides cleaning services
WebA) Revenue for the garbage bins and the cleaning. Transcribed Image Text: 5. Binz Company provides cleaning services and sells garbage bins to office clients. On June 1st, Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract for Binz to provide cleaning services to that client. WebNov 3, 2024 · The true statement about Binz Company's transaction on June 1st is C. Revenue for the garbage bins is recognized on June 1st and revenue for the cleaning service is recognized over the 5 years as those services are performed.. What is revenue recognition? Revenue recognition is an accrual accounting principle.. The principle …
Binz company provides cleaning services
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WebDec 16, 2024 · Binz Company provides cleaning services and sells garbage bins to office clients. Or June 1st, Binz delivered 100 garbage bins to a client, and also entered into a … Web102.Binz Company provides cleaning services and sells garbage bins to office clients. On June 1 st , Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract for Binz to provide cleaning services to that client.
WebBinz Company provides cleaning services and sells garbage bins to office clients. On June 1st, Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract for Binz to provide cleaning services to that client. With this information, we proceed with answering the question. WebDIRTYBINZ.COM provides professional garbage can cleaning services for homeowners and businesses. Our innovative cleaning equipment and process cleans, sanitizes and …
WebAnswer is C Note: Recognition of service is to be done once service is performed 14. Answer is D Note: In a discontinued operation, …. 13 Company provides cleaning services and sells garbage bins to office … WebBinz Company provides cleaning services and sells garbage bins to office clients. Or June 1st, Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract …
WebBinz Company provides cleaning services and sells garbage bins to office clients. On June 1st, Binz delivered 100 garbage bins to a client, and also entered into a 5-year contract for Binz to provide cleaning services to that client. Which of the following is most likely to be true? ...
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