This topic contains a solution. Click here to go to the answer

Author Question: Minks Stink, Inc collected 12,000 in November 2012 from customers in exchange for a 12-month ... (Read 36 times)

fahad

  • Hero Member
  • *****
  • Posts: 570
Minks Stink, Inc collected 12,000 in November 2012 from customers in exchange for a 12-month subscription (starting in November) to its monthly magazine Minks Stink.
 
  The company should report 12,000 of revenue on its income statement for the year ended December 31, 2012.
  Indicate whether the statement is true or false

Question 2

SarbanesOxley applies to
 a. publicly held companies
  b. notforprofit organizations
  c. privately held businesses
  d. all of these



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

FALSE

Answer to Question 2

a




fahad

  • Member
  • Posts: 570
Reply 2 on: Jul 5, 2018
Excellent


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library