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:
$10,000 gain
Explanation:
The computation of recognized loss or gain is shown below:
= Insurance proceeds amount - adjusted basis
= $360,000 - $350,000
= $10,000 gain
So, it would have a recognized gain of $10,000 by considering the amount of insurance proceed and adjusted basis. We ignore all other information which is given in the question
Answer:
C) changes in tastes and preferences
Explanation:
Advertising will try to change the tastes and preferences of consumers, i.e. advertising will try to make consumers like and want the product being advertised.
Advertising cannot change the income of the consumers or the price of related goods.
It will try to increase the number of buyers and some promotional campaigns that include advertising can temporarily change the price of the product being advertised.
<span>D Index fund I know this is the right answer</span>
