Answer: The accounts DEBITS are listed first then the accounts CREDITS would be listed next.
Explanation: In preparing a journal entry, the journal entry date is first stated. This is followed by all accounts DEBITS and the accounts CREDITS are listed next.
The sum of the debits on the journal entry must equate the total sum of the credits. This will help to balance the trial balance.
<span>the one that would be considered the highest risk portofolio would be : a portfolio made up of 60% stocks, 30% mutual funds, and 10% Treasury bonds.
Stocks is considered a high risk investment because it is very hard to predict the market and you could potentially lose a huge amount of your investment in a really short time.
As for mutual fund, it's considered a high risk because you basically handed over your investment to a third party and you won't be having any control on how it would be used.</span>
Answer:
Varga should recognize $4,000 as revenue in 2016.
Explanation:
As the cash received in advance is recorded as unearned revenue which is a liability for the Varga Tech Services because they did not provide the services yet. On December 31, Eight months have passed and services for these month has been provided. So the revenue of 8 month months of 2016 will be recognized and recorded at year end.
Serive Contract = $6,000 for 12 months
Revenue Recognized in 2016 = $6,000 x 8/12 = $4,000
Answer: Millennials spend one-third of their original TV series consumption time watching on digital platforms, with computers driving the majority of that activity.
Explanation:
The report showed that Millennials who are loosely defined as those who were born between the years 1981 and 1996, preferred to watch TV series on digital platforms and when they do watch TV, they do it time-shifted or with a computer connected to the Television and simply projecting what the computer is showing.
This trend by Millennials towards digital platforms was put down to the Millennials' need to watch videos on their own time and these digital platforms offer that by simply putting videos there and leaving you to click on them whenever you want.
