Messages
Proposals
Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.
Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support
New York City daily newspaper called "Manhattan Today" charges an annual subscription fee of $150. Customers prepay their subscriptions, and receive 260 issues for an annual subscription. To attract more subscribers, the company offered new subscribers a coupon to receive a 40 percent discount on a ride through Central Park on a horse-drawn carriage. The list price of a carriage ride is $130 per hour. The company estimates that approximately 30% of the vouchers will be redeemed.
Required:
1. Can Manhattan Today recognize any of the $150 subscription fee as revenue upon receipt? Explain.
2. When will Manhattan Today recognize revenue associated with the $150 subscription price?
3. What separate performance obligations exist in this contract?
4. Prepare the journal entry to recognize sale of one new subscription, clearly identifying the revenue or unearned revenue associated with each distinct performance obligation.
| Writer | Writer Name | Amount | Client Comments & Rating |
|---|---|---|---|
ONLINE |
Instant Homework Helper |
$36 |
She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up! |
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
| Writer | Writer Name | Offer | Chat |
|---|---|---|---|
ONLINE |
Phd WriterI have read your project details. I can do this within your deadline. |
$109 | Chat With Writer |
ONLINE |
Top Academic TutorI have read your project details. I can do this within your deadline. |
$105 | Chat With Writer |
ONLINE |
Homework TutorYou can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you! |
$102 | Chat With Writer |
ONLINE |
Top Grade EssayYou can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you! |
$43 | Chat With Writer |
ONLINE |
Calculation GuruHello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism |
$44 | Chat With Writer |
ONLINE |
Financial AssignmentsI have read your project details. I can do this within your deadline. |
$95 | Chat With Writer |
Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.