2014CFA1级-每日一练-财务分析-20140307 payment, receives, increase, contract, liability

Zesty

Washburn Motors signs a contract to sell a $100,000 luxury sedan to be delivered next month, and receives a $20,000 cash down payment from the buyer. How will the transaction most likely affect Washburn assets and liabilities?


       Assets                Liabilities
A)Unchanged         Unchanged


B)Increase                  Increase


C)Increase                 Unchanged



答案 B
The down payment will increase cash (an asset) and unearned revenue (a liability). Revenues (and thus retained earnings and owner equity) will not increase because the car has not been delivered.

Analti_Calte

感谢您的分享

dyga

B么，？？？