Using the accrual method, the unearned revenue as of December 31 is $12,000.
<h3>What is Unearned revenue?</h3>
Unearned revenue can be defined as the amount a company received from their client for the service they are yet too rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000.
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet too rendered to their client
Thus, using the accrual method, the unearned revenue as of December 31 is $12,000.
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The statement which describes what the Days' sales uncollected ratio assesses how to measure how quickly a company can convert its accounts receivables into cash.
<h3>
What is Sales uncollected ratio?</h3>
This helps measure the days the company will receive cash and is an important ratio for the company's investors and creditors.
This measures how fast a company will receive cash payment for its goods and services.
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Answer: The answer is the first one and the last one.
Explanation: If an account cost $1 and each song is 1.5x. It has to be less than or equal to 25. So it would be $1 for (the account plus) 1.5x for (how many songs he buys) is less than or equal to 25 (the ammount on the gift card).
Answer:
I would recommend a Vanilla cake, because vanilla cake is really good also not as strong as chocolate cake, and I find chocolate cake too sweet.
It's your choice though, good luck on making it!
Have a good day!
Answer:
Braverman company has two manufacturing departments- Finishing and Fabrication.
