<u><em>You should spend a large amount of time thinking about a big decision before you make it because it could have a huge impact in your life. You need to be able to decide if it is the right or wrong choice or if there is any consequences.</em></u>
Here are some reasons why filing bankruptcy will limit your quality of your lives :
- Bankruptcy will ruin your credit score
- I will potentially make you loss your property
- It will make it nearly impossible for you to get a mortgage
Answer:
The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.
Every transaction has two impacts-debit and credit
Explanation:
Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.
Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.
Journal can also be used to correct errors made while posting to books of account.
Answer:
A research proposal is an archive proposing a research project, for the most part in technical studies or the scholarly world, and for the most part establishes a solicitation for sponsorship of that exploration. Recommendations are assessed on the expense and potential effect of the proposed inquire about, and on the adequacy of the proposed arrangement for completing it. In this way, Final proposition is the commonly concurred terms of the proposition. The page range of definite proposition can be changed from 5 to 200 pages.
Answer:
unearned service revenue 7,500 DEBIT
service revenue 7,500 CREDIT
Explanation:
the job is complete on July 31th
so <em>we write-off the unearned service reveue</em>
and <em>we recognize the service revenue </em>for the whole amount of the contract
The cash receipt occurs on March 1st so w edon't haveto post anythign related to cash on July 31th.
the unearned revenue account is used first because the business has the obligation of perform the job or return the cash. So it is a liablity until the job is completed
