ACCT 304 Week 4 Discussion | Devry University
- Devry University / ACCT 304
- 20 Aug 2021
- Price: $5
- Accounting & Economics Assignment Help / Finance
ACCT 304 Week 4 Discussion | Devry University
Week
4: Revenue Recognition
When a company sells a product for cash, it generally recognizes
the revenue. However, there are situations when it is not always clear when a
company should recognize the revenue. How do you handle a car dealership that
sells a warranty contract to its customers for $650 that will cover the next 5
years?
Alternative Discussion Topic: You may elect to choose a tweet from the
FASB Twitter Feed (@FAFNorwalk) integrated into the home page of this course,
summarize the overarching topic of the tweet and related article or video, and
connect it to a topic we've studied in class this week. If a
classmate has chosen a feed in which you're interested, agree with their
summary and position by providing further supportive evidence from the book or
online, or disagree and provide evidence that supports your position. Feel free
to comment on current or recent tweets.