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Author Question: Minks Stink, Inc collected 12,000 in November 2012 from customers in exchange for a 12-month ... (Read 55 times)

fahad

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on: Jul 5, 2018
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


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alexanderhamilton

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Reply #1 on: Jul 5, 2018
Answer to Question 1

FALSE

Answer to Question 2

a


fahad

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Reply 2 on: Jul 5, 2018
Excellent

bdobbins

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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