1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pani-rosa [81]
3 years ago
12

Harley's insurance company needs to record its revenue for the last month. the company should include service revenues on the

Business
1 answer:
sesenic [268]3 years ago
6 0
The company should include service revenue on the income statement as gross increase in stockholders' equity. 
Service revenue refers to the operating revenue account and it includes all the works that have been fully executed.
You might be interested in
Journalize the following five transactions for Nexium & Associates, Inc. Omit explanations.
-BARSIC- [3]

Answer:

Nexium & Associates Journal entries

March 1

Dr Accounts Receivable800

Cr Service Revenue 800

March 9

Dr Office Furniture1,060

Cr Office Supplies 160

Cr Accounts Payable1,220

March 15

Dr Accounts Payable1,220

Cr Cash1,220

March 23

Dr Electricity Expense430

Cr Accounts Payable430

March 31

Dr Salaries Expense850

Cr Cash850

Explanation:

The details given about Nexium & Associates are straight forward and required no further

adjustment.

8 0
3 years ago
Read 2 more answers
Michael Pollan discusses ""industrial organic"" agricultural systems in The Omnivore’s Dilemma. What is / are characteristic(s)
Kipish [7]

Answer:

The characteristics of industrial organic agriculture are:

  • economies of scale and mechanization
  • substitution of conventional inputs such as conventional fertilizer with organic fertilizers
  • bagging technology makes the transport of organic salads possible

Explanation:

Pollan's book discusses how modern individuals have a disconnection between food and knowledge. Modern individuals just pick up their food and practically don't know anything about how that food got reached our tables.

6 0
3 years ago
What is the present value of a security that will pay $34,000 in 20 years if securities of equal risk pay 8% annually? Round you
OLga [1]

Answer:

present value = $7296.14

Explanation:

given data

future value =  $34,000

time t = 20 year

rate r = 8% = 0.08

solution

we apply here future value formula for get present value that is

future value = present value × (1+r)^{t}    .....................1

put her value and we get

$34,000 = present value ×  (1+0.08)^{20}

present value = \frac{34000}{1.08^{20}}

present value = \frac{34000}{4.660}

present value = $7296.14

4 0
3 years ago
Yehle Inc. regularly uses material Y51B and currently has in stock 457 liters of the material for which it paid $2,619 several w
Sedaia [141]

Answer:

Option A is the correct answer,$5810

Explanation:

The relevant of the Y51B is the cost of replacement,which is the open market price as it is actively being used by Yehle Inc.

Besides, if the quantity currently in inventory is used it has to be replaced at open market price.

Disposal value would have been used if the material in question is not being used

The relevant of 700 liters is given below:

$5.81*1000=$5,810

1000 liters has to be bought not 700 liters as the least quantity available for sale is 1000 liters.

Above,it would be wrong to choose option D as 700 liters is not available

5 0
3 years ago
The cartesian coordinate system is also referred to as a(n) _____________ coordinate system.
Rus_ich [418]
The Cartesian coordinate system is also referred to as a <span><span>rectangular <span>coordinate system</span></span> coordinate system. It i a system used in geometry which uses coordinates in order to determine the position of a geometric element (point for example). According to this system each point is specified by a pair of numerical coordinates. </span>

6 0
3 years ago
Other questions:
  • List one big thing that you would like to buy. What short-term, mid-term, and long-term goals would you need in order to make th
    11·1 answer
  • Companies are doing less ________ and more ________ as a result of an explosion of more focused media that better match today’s
    11·1 answer
  • Identify the following transactions that they are whihc type of market.
    14·1 answer
  • Rantly Corp. is eliminating its desktop computer repair center in Minnesota. Meanwhile, the demand for mobile device repair—a se
    13·1 answer
  • Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
    9·1 answer
  • A college graduate who is searching for his first job illustrates the concept of cyclical unemployment. frictional unemployment.
    15·1 answer
  • Shay is preparing to go into her meeting with her supervisor, Jill, to discuss her annual evaluation. She knows that there have
    9·1 answer
  • What makes buying a foreclosed property risk
    7·1 answer
  • Which of the following statements is most true of order-getting salespeople?
    10·1 answer
  • Approximately how many new small businesses does the Small Business Administration estimate close during their first year of ope
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!