Answer:
Explanation:
1. Service revenue (December 31, 2013) income statement = $582,735 + $64,000 = $646735
Company also performed $64,000 of services which were neither billed nor paid,adjusting entry:
Dr Accounts receivable 64000
Cr Service revenue 64000
2. Amount reported on the December 31, 2013 balance sheet as unearned revenue = $108,000
unearned revenue - revenue which has not been earned yet, but recorded in accounts
3. Amount reported on the December 31, 2013 balance sheet as accounts receivable = $64,000
Accounts receivable 64000
To service revenue 64000
"Respectfully" is the most appropriate closing. The other choices have a feeling of camaraderie to them that should be avoided in business correspondences.
Answer:
Systematic risk.
Explanation:
Systematic risk corresponds to the risk of the financial market as a whole. In other words, it is the risk that affects the economy and it is difficult to predict and prevent it from occurring. As an example, a risk of bankruptcy of financial institutions and banks can be mentioned.
This systemic risk therefore affects the expected return on an investment.
Answer:
-pays a coupon rate
-has a maturity date
Explanation:
A bond is a debt instrument used mostly by governments and corporates to raise funds for long-term projects. The bond issuer borrows funds from the purchaser. The issuer offers to regularly pay interest on the borrowed amount until the maturity date to attract buyers or investors. To the investors or lenders, a bond is a long term investment tool.
The coupon rate determines the attractiveness of a bond. The coupon rate is the interest rate that the issuer will use to calculate the amounts to pay regularly. Bonds have a maturity date. It is the time when the principal amount is to be paid back in full.
Answer is D.
Explanation: They have a larger number of potential customers because people anywhere can buy from them.