An entity has two long-term construction contracts, one of which qualifies for revenue recognition while the performance obligation is being met and the other which does not. For either of these two contracts, what account would be debited when preparing the journal entry to record billings? Qualifies Does Not Qualify a. Billings Cash b. Construction Receivable Construction Receivable c. Cash Billings d. Constructions in Progress Construction in Progress

answer; (c) penalty

answer: tell me how

explanation:

it should be

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.