Answer:
Unearned Revenue $500
To Service Revenue $500
(Being the revenue earned is recorded)
Explanation:
The journal entry to record the revenue earned is shown below:
Unearned Revenue $500
To Service Revenue $500
(Being the revenue earned is recorded)
For recording this given transaction, we debited the unearned revenue and credited the service revenue so that the correct posting could be done
Plus, we ignored the advance received amount as it is not relevant
Answer:
The correct answer is a. measures approved by governing bodies.
Explanation:
Both instances are considered collegiate bodies with an autonomy that allows them to present the results of their previous studies. Each person involved with these bodies must adhere to the provisions, taking into account that they act under the rules imposed in a general manner and in tune with their objectives.
Answer:
Dr. Cash for 1,100
Cr. Notes receivable for 1,000
Cr. interest revenue for 100
Answer:
How much simple interest does a $10,000 investment earn at 5.6% over 18 years? $10.080
Explanation
Investment $ 10.000,00 Simple Interest $ 10.080,00
Interest 5,60% investement + interest $ 20.080,00
Invesment*interest*period
10000*5,6%*18
=10080
