Answer:
The company has incorrectly credited the sales revenue account at the time of the receipt of payment. So, the journal entry to record the transaction is as follows:
Date Particulars Debit Credit
March 1, 20 Sales Revenue A/c $45,000
To Unearned Sales Revenue A/c $45,000
(To record Unearned sales revenue)
Answer: FVn = P( 1 + r )^n
Explanation:
Compound interest means that the bank is providing you with a return based on the opening balance on your account each year. This opening balance will include the interest earned in the previous year therefore ensuring that the bank will keep paying you a higher interest each year.
The formula is;
<em>FVn = P( 1 + r )^n</em>
Where;
FVn is the future value of the amount after n number of years
P is the money that you deposited
r is the interest rate that the money is being compounded with
n is the number of years
Answer:
Dynamic remarketing can helps ken by reminding the leads from display campaign about what they were interested in last time. It increases the traffic on your campaign and website. Also it increase the traffic from returning customers.
It also helps his customer to remind them the product they were looking for or they have added that product in their cart and forget about it.
Main aspect of this strategy will be the ads will be relevant and target to the right customer.
Answer:
investment on Kingbird Enterprises 650,000 debit
Goodwill 40,000 debit
cash 690,000 credit
Explanation:
We are going to recognize a goodwill between the value of the firm at fair value and the acquisition cost:
acquisition cost: 690,000
market value:
assets 880,000 - liabilities of 230,000 =<u> (650,000)</u>
goodwill: 40,000
We enter the investment at the fair value of the net assets(assets - liabilities) as this is the value they got. Kingbird will recognize a gain in their books for the sale of theses assets above their book value. But; to us, the value of the assets is 880,000 not 570,000
There are 2 types of products. Substitute goods which can replace another good and complementary goods which goes to together,therefore if the complement increases the price so will the other good