8x+2 it’s correct because it’s correct
Answer:
The accounting concept that applies to the given statements is as follow:
1. SiriusXM Radio Inc. files its annual and quarterly financial statements with the SEC. ⇒ The Periodicity Assumption.
2. The president of Applebee’s International, Inc., travels on the corporate jet for business purposes only and does not use the jet for personal use. ⇒ The Economic Entity Assumption.
3. Jackson Manufacturing does not recognize revenue for unshipped merchandise even though the merchandise has been manufactured according to customer specifications. ⇒ Revenue Recognition
4. Lady Jane Cosmetics depreciates the cost of equipment over their useful lives. ⇒ Expense Recognition
The answer for the question is 20.25
