<span>If you're likely to be dipping into some of that
money to fix the house, take a vacation, or buy holiday presents, don't
put too much into a long-term CD. Like savings, checking, and money market accounts, CDs are FDIC insured for up to $100,000
hope this helped XD ;)
</span>
Answer:
Debit Cash account $16,800
Credit Unearned Subscription Revenue $16,800
Explanation:
When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are
Debit Cash account and Credit Unearned fees or deferred revenue.
As the service is performed and the revenue is earned, debit Unearned fees and credit revenue.
Total amount received
= $20 * 8400
= $16800
Answer:
The correct answer is the option C: broad needs, many customers.
Explanation:
To begin with, in ''Porter's strategic positioning alternatives'' the strategy of serving broad needs to many customers in a narrow market refers to the position of assuming that the needs of the target audience are similar among them but the correct way to reach to them is different and therefore that this position requires to state well worked framework of the position and capacities of the companies and the ones of the competitors as well.
Based on the information given what happens to the balance sheet is:
Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
The appropriate journal entry is:
Debit Cash $300
Debit Accounts receivables $200
Credit Retained earnings $500
(To record retained earnings)
Inconclusion what happens to the balance sheet is: Debit Cash $300 ; Debit Accounts receivables $200 ;Credit Retained earnings $500.
Learn more about balance sheet here:brainly.com/question/1113933
