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Alexxx [7]
3 years ago
11

GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $72,000 for 6-months services in adv

ance. GreenLawn’s general journal entry to record this transaction will include a:
Business
1 answer:
Sphinxa [80]3 years ago
4 0

Answer:

Given that,

Amount paid = $72,000

Time period = 6-months

As cash is received it is debited and unearned revenue is credited as it is treated as liability until service is provided.

Therefore, the journal entry for this transaction is as follows:

Cash A/c Dr. $72,000

    To unearned revenue A/c  $72,000

(To record the unearned revenue)

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Determine which moral standard of social responsibility the business is observing. Meg's company decided to build an additional
Lerok [7]

Answer:

e) Corporate Citizenship Moral Standard

Explanation:

Social responsibility is defined as the ethical framework that guides companies and individuals to give back to the environment in which they operate. It is a balance between pursuing economic benefits and protecting the ecosystem.

In this secanrio when the community started a protest because of the negative impact the factory would have, Meg's company promised to prevent and pay for any negative impact to the community. It also offers to build a community park to balance out the negative impact the factory might cause.

The moral used here is corporate citizenship moral standard. Where a company is ameliorating negative effect of its processes and also building a community park for the community

3 0
3 years ago
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In the short-run, the Sure-Screen T-Shirt Company is producing 500 units of output. Its average variable costs are $2.00 and its
Dmitry [639]

Answer:

the correct answer is $1,250

Explanation:

(The average variable costs + the average fixed costs) *  Production units

             =

The firms total costs

$2.00 + $0.50 =$2.50

$2.50 * 500= $1,250

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8 0
3 years ago
Suppose autos cost consumers $30,000 and trucks cost consumers $15,000. What contribution does the production of 200 autos and 2
alexgriva [62]

Answer:

the  contribution made to the production of 200 autos and 200 trucks is $9,000,000

Explanation:

The computation of the contribution made to the production of 200 autos and 200 trucks is shown below

Contribution to GDP is

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= $9,000,000

Hence, the  contribution made to the production of 200 autos and 200 trucks is $9,000,000

6 0
3 years ago
Why should we hire you? Is this a behavioral, situational,&/or job knowledge/worker requirement interview question
Ivenika [448]

Answer:

It's a behavioral and situational question.

Explanation:

4 0
2 years ago
Research has found that for many products, including soft drinks, coffee, and cosmetics, consumers are unable to distinguish amo
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The correct answer is routine problem solving. Routine problem solving is being defined as having to associate at least one arithmetic operations or even a ratio in regards to solving problems that are likely to be practical in nature or in the environment.

3 0
3 years ago
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