Analyst Questions

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

The first government of the United States was called 'The United States in Congress Assembled'. The first President of the First Government was John Hanson.

The Treaty of Versailles was designed mostly to punish Germany, reflecting the bitter and vengeful feelings that Britain and France felt towards their World War I enemy.

It took away the German empire by seizing its colonies, and it limited the German Army to a 100,000 man security force.

Enola Gay.

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

Henry VIII started the process of creating the Church of England after his split with the Pope in the 1530s. Henry was anxious to ensure a male heir after his first wife, Catherine of Aragon, had borne him only a daughter.