Answer:
Dr unearned revenue $7,500
Cr legal services revenue $7,500
Being recognition of legal services revenue earned
Explanation:
The appropriate adjusting entry now would be to recognize the revenue earned from October 1 through to December 31.
Revenue=$10,000*3/4=$7,500
The $7,500 would be debited to unearned revenue account as it is now earned while the legal services revenue account would be credited for the same amount.
Explanation:
Co-branding is a form of branding that connects companies together. Essentially, co-branding is a marketing partnership between two or more businesses.
Answer:
of changes in the elements of the accounting equation. A useful way to conceptualize the accounting equation is that the left side (assets), "is what the Owner has" and the right side (liabilities + owner's equity) "is the method by which the Owner obtained the asset"
Explanation:
Answer:
Entries for December 31:
20000 x 2/10 : $4000
Dr salary expense : $4000
Cr salary payable : $4000
Entries for January 10:
Dr salary expense : $16000
Dr salary payable :$ 4000
Cr cash : $20000
The actions of Mulally in doing the above can be said to be part of his <u>Strategy </u>for <u>Ford</u>.
<h3>Actions by John Mulally.</h3>
- Were done to turn Ford Motors around so that it would be successful again.
- Involved closing down plants and increasing labor productivity.
John Mulally was the CEO of Ford Motors and when he took over, Ford needed a turnaround in their fortunes. He engineered a series of changes to ensure that Ford would be competitive again.
In conclusion, this was his strategy.
Find out more on labor productivity at brainly.com/question/6430277.