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16 July, 06:12

Which of these transactions would produce $10,000 of revenue in December? (check all that apply)

BOC delivered $10,000 of goods in December to customers that ordered them and have 30 days to pay for them.

BOC collected $10,000 of cash in December from customers who received goods in November.

BOC signed a contract to deliver $10,000 of goods to a customer in January.

BOC delivered $10,000 of goods in December to a customer that paid a $10,000 cash deposit in November.

BOC collected a $10,000 deposit in December for goods it will ship in January.

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Answers (2)
  1. 16 July, 08:22
    0
    Which of these transactions would produce $10,000 of revenue in December?

    BOC collected a $10,000 deposit in December for goods it will ship in January.

    Explanation:

    From the above analogy, it is only money collected/deposited in December for goods that reflects for revenue generated by BOC in the above mentioned month
  2. 16 July, 08:23
    0
    The answer is D. BOC collected $10,000 deposit in December for goods it will ship in January.
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