Answer:
Explanation:
The journal entries are shown below:
A. Cash A/c Dr $15,000
To Service revenue A/c $15,000
(Being cash is received)
B. Cash A/c Dr $150
To Unearned Service revenue A/c $150
(Being unearned service revenue recorded)
C. Cash A/c Dr $4,000
To Accounts Receivable $4,000
(Being cash received for service provided)
D. Cash A/c Dr $2,250
To Unearned Service revenue A/c $2,250
(Being advance payment is received)
E. Accounts receivable A/c Dr $125
To Service revenue A/c $125
(Being service provided is recorded)
Answer:
A. revenues will continue to rise
Explanation:
Aiyanna has a downward sloping demand curve which shows that the higher the price ,the lower the quantity demanded. If price is reduced per week, the quantity demanded would increase and total revenue would rise.
Answer:
Option C: Annual variations in investment are larger than annual variations in consumption
Explanation:
Investment
This is simply the act of buying or purchase of assets with the sole aim of increasing future income.
Investment risk
This is simply known as the likelihood of an investment will fail to pay the expected return or fail to pay a return at all.
Portfolio diversification
This act so as to limit the risk by spreading investment money among a wide range of investment tools.
Rate of return
This is simply known as the total return on an investment usually in percentage of the amount of money put into the investment.
Answer: $600 interest revenue and $0 cash flow from operating activities
Explanation:
Simple interest = PRT/100
P= $36,000 R= 5% per annum
T = sept to dec = 4months = 4/12years
Interest revenue = ($36,000 × 5% × (4/12))/100 = $600
Cash flow from operating activities = $0
Because there is no cash flow yet since it's just 4months into the yearly (12months) loan.
Answer:
point-of-sale systems
are critical for capturing sales data, and are usually linked to systems which manager a firm's inventory.