If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to customers, the receipt of cash would be journalized as:
A. Debit Cash $45,000, credit Accounts Payable $45,000.
B. Debit Unearned Revenue $45,000; credit Sales $45,000.
C. Debit Sales $45,000, credit Unearned Revenue $45,000.
D. Debit Prepaid Subscriptions $45,000, credit Sales $45,000.
E. Debit Cash $45,000; credit Unearned Revenue $45,000.
The receipt of cash would be journalized as a Debit to Unearned Revenue for $45,0000 and Credit to Sales for $45,000.
Here, the company has advance subscription sales totaling $45,000 for the upcoming year.
It will be recorded in the entry as Debit to Unearned Revenue and Credit to Sales.Therefore, the Option B is correct because The receipt of cash would be journalized as a Debit to Unearned Revenue for $45,0000 and Credit to Sales for $45,000.
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Which result is most likely if candy, cola, and other concentrated sweets are permitted in large quantities during the growing years
Answer:
obesity
Explanation:
When the direct write-off method is used in accounting for uncollectible accounts, any uncollectible account is written off against the: Group of answer choices allowance account sales account bad debt expense account accounts receivable account
Answer:
sales account
Explanation:
because the direct write off method is used in accounting for uncollectible accounts
How do you think investing relates to wealth inequality?
If LMS Manufacturing sells 250,000 units and its total revenue is $1 million, what is the price per unit
Answer:
4
Explanation:
Aryn and Mary started at the organization on the same day. Both are hard workers and perceive that they are equitably rewarded for their efforts. According to equity theory, it is likely that both will __
Answer:
Both will continue to put forth effort
Explanation:
I remeber this question from a hw
the two conflicting tendencies that a firm has in an oligopolistic industry are
cooperate to maximize joint profits and the incentive to cheat on the agreement in order to increase the firm"s share of the profit.
Penalties for late payments, liens, foreclosures, and garnished wages are
steps a lender can take when you:
A. leave a loan unsecured.
B. fail to pay back a loan.
C. fail to secure your loan.
D. leave a lien on a loan.
Answer:
I believe the answer would be option B.
Explanation:
Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.
Answer:
B
Explanation:
Penalties for late payments, liens, foreclosures, and garnished wages are steps a lender can take when you fail to pay back a loan.
Apprenticeships are a form of job training in which a sponsor, such as an employer, pays
a trainee to learn and work in a particular occupation. Some jobs in the military include
apprenticeship training, but others involve different types of hands-on learning.
True or False
Answer:
Oh man, I pooped my pants again
Right in front of my family and my friends
It's not that I have a problem with controlling
It's just that we were here in this alley bowling
according to maslow’s hierarchy of needs, joining a leadership development group is an example of the self-actualization need.
According to Maslow’s hierarchy of needs, when one joins a leadership development group, it is an example of the self-actualization need. Therefore, it's true.
Self-actualization need simply means the realization of the potential of a person. It's self-fulfillment, and the desire to accomplish a particular thing.
In this case, joining a leadership development group is an example of the self-actualization need. In such a situation, the personal goal or desire of the person is accomplished.
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A ________ pools individual investor dollars and invests them in large numbers of well-diversified securities, thus minimizing the risks of any single security that does not do well.
Funds which involves a large collection of individual investors coming together to invest in a number of different securities is called mutual fund.
Mutual funds involves many individual investors, and not just a single person or organization. This allows the funds available for investment to be substantial, and then invested into a host of different and diverse securities. This will ensure that risk is minimized as all the securities very low chances of not yielding return.Hence, the missing phrase is mutual funds.
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When prices of outputs in an economy become sufficiently high causing production to exceed potential GDP, the resulting: hyper-intense production will be unsustainable in the long run. higher wages will encourage workers to produce more at high prices. lower prices will lead to a lower quantity of demand. downward slope in aggregate supply curve will be short run.
Answer: Hyper-intense production will be unsustainable in the long run
Explanation: Prices cannot continue to rise because the economy is working above potential GDP at that point. Potential GDP is calculated based on full employment, so the economy will eventually trend back down in the long run.
Producing output at the lowest possible total cost per unit of production is: Multiple choice question.
Efficiency is defined as the production of output at the lowest possible total cost per unit of production.
Efficiency involves maximizing all the benefits and importance of the 4
labors of production such as Land, Capital and Labor. When this occurs
efficiency is achieved and the cost of production decreases.
The decrease in the cost of production thereby gives rise to a corresponding increase in profit.
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Which organizational pattern puts emphasis on the benefits of the speaker's policy in comparison to the alternatives but is based on a problem-solution structure
Organizations often have various patterns in which they run their day to day activities. The organizational pattern puts emphasis on the benefits of the speaker's policy is Comparative advantage.
Comparative Advantages is simply known to be the final process for putting together a persuasive speech is calledThe goal of this organization pattern is aimed to compare items while placing them side-by-side and show why a product is more better than the other.
It is often used by people, speaker, organization when comparing two things
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Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies total $5,000. Using this information and your knowledge of the banking system, select the best match for each item. Then calculate the values of reserves, required reserves, and excess reserves. Assume a required reserve ratio of 10%.
To calculate the values of reserves, required reserves, and excess reserves, while assuming a required reserve ratio of 10%, we have the required reserves to be $500.
This is because based on the assumed reserve ratio and the knowledge of the banking system, the required reserves is calculated as below.
Required Reserves: $5,000 × 0.10= $500.
Also, the calculated amount for the excess is: $4,500.
Where Required Excess: $5,000 - $500 = $4,500
The Reserves: $5,000.
Hence, in this case, it is concluded that the Required is $500, while the Excess is $4,500 and the Reserves is $5,000.
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How is increasing government spending on more roads and airports a good idea/ bad idea
Answer:
Bad
Explanation:
The increased government spending may create a multiplier effect. If the government spending causes the unemployed to gain jobs then they will have more income to spend leading to a further increase in aggregate demand.
An initial investment of $14,000 is appreciated for 14 years in an account that earns 12% interest, compounded semiannually. Find the amount of money in the account at the end of the period.
Answer:
344
Explanation:
duh ifc! hope it helped
Exporting is an entry strategy that requires the ______ financial risk and allows a(n) ______ return to the firm.
Answer:Least; Limited
Explanation:
5. Federal and Texas minimum wage laws apply to --. Select the FOUR ANSWERS that apply.
Group of answer choices
A. Only corporations
B. Employees over age 18
C. Self-employed
D. Independent contractors
E. Service workers, like housekeepers, hosts, sales clerks
F. Employees of Independent Contractors
G. Employees of Self-Employed Owners
Answer:
B,E,F,G
Explanation:
everyone gets minimum wage including 18 year olds service workers and employees of any kind
what is bankaccount
Answer:
Kung san mo Tatago pera mo
Explanation:
commonsense
assessing the effectiveness of an advertising campaign while it is running by monitoring key indicators is referred to as
Tracking refers to use of key indicators to monitor and assess the effectiveness of the advertising campaign while it is running.
The tracking of the advertising campaign is also called ad tracking, post-testing or ad-effectiveness tracking.
The advert tracking forms part of in-market research.The advert tracking refers to monitors the brand's performance, advertising awareness and attitudes about the brand versus their competition.In conclusion, the key indicators is referred to as advert tracking.
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if common stock is issued for an amount greater than par value, the excess should be credited to
Answer:
Cash
Explanation:
If common stock is issued for an amount greater than par value, the excess should be credited to: Cash.
hope that help you :)
Decreased interest rates will shift the aggregate demand curve to the _____ and _____ output demanded.
The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.
The component that is often shifted are consumption spending, investment spending.In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.
The rate of government spending, and often rise.
An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.
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Based on the macroeconomic model, the decreased interest rates will shift the aggregate demand curve to the right and increase the demand.
This implies that when the interest rate is reduced, people tend to borrow more, including investors and consumers.
As a result, the aggregate demand will increase, which means it has shifted to the right. At the same time, the output demanded would increase as more investors have access to capital to create more products.
Hence, in this case, it is concluded that the increase in aggregate demands leads to an increase in output demanded.
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Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percent (which is 1 percent below the Fed's full-employment target of 4 percent). According to the Taylor Rule, what value will the Fed want to set for its targeted interest rate
The government would set its targeted interest at 6.5%
Based on the Taylor's rule
R = π + A + 0.5(A-A*) + 0.5
This is the formula that helps to get the output gap
Definition of terms
R is the nominal federal funds rate
π is the real rate of federal funds = 2%
A is the rate of inflation
A* is the target of of inflation = 2%
Rate of unemployment = 3%
The government has a target of full employment that is at 4 percent.
When we enter the values into the formula
R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)
= 5% + 0.5% + 1%
= 6.5%
Therefore the government would set its targeted interest at 6.5%
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The expansion of global markets is a major factor in developing global information systems to handle _____ demands of integrated worldwide services.
Answer:
the fill in the blank answer is: the customer's
Explanation:
Capital State University agreed to pay for Irene to attend their school and play lacrosse for their team. As part of their arrangement, Irene is not required to pay the school back. Which form of financial aid did Irene receive
Based on the information given the form of financial aid that Irene receive is: Scholarship.
Scholarship is a form of financial aid or financial assistance granted to an individual in order to support them.
Example when a person education or tuition fees is fully paid without the person paying a dime, it is called scholarship.
Based on the information given the financial aid that Irene receive is called scholarship because the university fully paid Irene tuition without Irene paying a dime.
Inconclusion the form of financial aid that Irene receive is: Scholarship.
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A real estate agent who writes up a contract for the purchase of a home is providing ________ utility.
Based on estate management definitions, a real estate agent who writes up a contract to purchase a home provides Possession utility.
This is because a Possession utility is a term used in estate management services to describe the proportion of suitability or perceived value from owning a product.
Therefore, in this case, a real estate agent providing possession utility for a home creates a financing term toward possession of the home.
This possession utility is expected to lead to a high chance of home sales.
Other types of economic utility include the following:
Place;Form;Time.Hence, in this case, it is concluded that the correct answer is "Possession utility."
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If I have dual citizenship should I say yes on my college applications?
Answer:
i don't think so 1 citizenship is all it takes
_____ is part of the ________ process and occurs when the company is trying to increase its inventory.
Considering the accounting principles, the Make-to-stock; is part of the production process and occurs when the company is trying to increase its inventory.
This is because Make to Stock, otherwise referred to as MTK, is a method business owner often use to ensure the product is readily available and delivered at the point of purchase.
Make to Stock is a traditional method of production that is carried out in the hope that consumers will soon come and buy the products. Thereby, the company produces huge products at a given time and stores them as inventory.
Hence, in this case, it is concluded that the correct answer is "Make to stock; production, " respectively.
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For a corporation, equity capital is obtained from a. banks. b. stockholders. c. bondholders. d. credit unions. e. insurance companies.