In Which of the Following Circumstances Is Revenue NOT Earned

question 10

Multiple Choice

In which of the following circumstances is revenue NOT earned by a company?

• A) In return for goods supplied,a customer paid $1000 in cash.
• B) In return for goods supplied,a customer promised to pay $1000 later.
• C) In return for goods supplied,a customer gave the company $1000 in equipment.
• D) A customer paid $500 deposit for goods to be supplied in the next accounting period.

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Definitions:

Sucrose Concentrations

The measurement of the amount of sucrose, a common sugar composed of glucose and fructose, present in a solution or biological sample.

Stomatal Closing

The process by which plants reduce the aperture of stomata in their leaves to decrease water loss and gas exchange; often in response to environmental stressors.

Circadian Rhythms

Biological processes or cycles that occur on a roughly 24-hour schedule in living organisms, governing physiological and behavioral changes.

Continual Darkness

An environmental condition where there is a constant absence of light, which can affect growth, behavior, and biological rhythms in organisms.