We condemn the war and support Ukraine in its struggle for democratic values.
We also encourage you to join the #StandWithUkraine movement by making a donation at this link

Revenue Recognition for McDonald's Corporation

Essay specific features





Written by:

Molly W


Date added:

January 20, 2012








No of pages / words:

4 / 991


Was viewed:

7409 times


Rating of current essay:

Essay content:

The sales they record are by company-operated restaurants. McDonald’s records these sales using a cash basis system. This system means that the accountants record revenues when the company receives cash, and it records expenses when it pays cash. By using a cash basis, McDonald’s does not have to estimate what it will not receive in its sales...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $11.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote


By using a cash basis, McDonald’s does not have to estimate what it will not receive in its sales. McDonald’s “presents sales net of sales tax and other sales-related taxes” (McDonald’s Annual Report, 44). Franchise fees are for the services McDonald’s offers to the franchisees. Franchise fees included on the balance sheet are from the franchisees paying rent and a percentage of their sales...
displayed 300 characters

General issues of this essay:

Related essays: