j*****8
发帖数: 99 | 1 Dunne Co. Sells equipments service contract that cover a two-year period.
The sales price of each contract is $600. Duune's pas experiences is that,
of the total dollars spent for repairs on service contracts, 40% is incurred
evenly during the first contract year and 60% evenly during the second
contract year. Dunne sold 1,000 contracts evenly throughout the current year
. In its December 31 balance sheet, what amount should Dunne report as
deferred service contract revenue?
a. $540,000
b. $480,000
c. $360,000
d. $300,000
Explanation:
Choice "b" is correct, When service contracts are sold, the entire proceeds
are reported as deferred revenue. Revenue is recognized,and deferral reduced
as the service is performed. Since repairs are made evenly (July 1 is
average date), only 1/2 of the 40% of repairs will be in the current year.
Current year deferral ($600x1,000) $600,000
Earned in the current year (600,000x40%x1/2) (120,000)
Deferral 12-31 $480,000
我对这个解释中的 EVENLY 怎么都不明白，和JULY1 怎么扯上关系的啊？请哪位大侠指
点一下。谢谢先！！！ |
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