Answer:
The answer is B. Geographical Structure.
Explanation:
Simpy, a business structure is how a business is organized to function and serve its customers. Finding a suitable business structure is a must for any business if it is to survive and thrive in the long run. This is because the smooth and consistent functioning of the structure influences the Administration, Marketing, Human Resources, Legal and Financial aspects.
Geographical structure is most suitable for any organization that looks forward to expand into new regions or to a company which already has a stable customer base in several regions.
Answer:
Explanation: Journal Entries
Debit: Cash. $19.7m
Credit: Unearned Revenue $19.7m
Being sales of gift card for the month of December.
Debit: Unearned Revenue. $12.7m
Credit: Sales. $12.7m
Being actual gift card redeemed for the month if December.
Unearned Revenue a/c has a credit bal of $7m as unredeemed gift card. Its a liability to the company as they have the money but the cards are yet to be redeemed.
Answer:
Debit Unearned Fees, $8,370
Credit Fees Earned, $8,370
Explanation:
Based on the information given we were told that the Company received the amount of $33,480 from Santa Fe for 36 month on April 1 in which we are to assumed that the adjustments will be made at the year end this means that the adjusting entry will be to:
Debit Unearned Fees, $8,370
Credit Fees Earned, $8,370
Calculated as :
Amount received $33,480/36 months ×9 months
=$8,370
Note that from 1st April to 31st December will give us 9 months.
No, a deductive strategy involves giving a general principle or rule and showing how that will apply to the current situation.
