Here are some challenges faced by music industry :
- Piracy
Which greatly reduce the potential income from the music industries
- Copyright problems
Since there are a lot of artists around the world, it's very common to hear that some musics have similar rhythm, notes, or lyrics, which may lead to copyright issues
- Quality
Since now it's very easy to bring your creation to the crowd, it would be really difficult to control artist's quality
Answer:
September 9, petty cash fund is established
Dr Petty cash 440
Cr Cash 440
September 30, petty cash fund expenses
Dr Merchandise inventory 44
Dr Postage expenses 54
Dr Miscellaneous office expenses 144
Dr Cash short and over 10
Cr Petty cash 252
September 30, petty cash fund reimbursement
Dr Petty cash 252
Cr Cash 252
October 1, petty cash fund increased to $485
Dr Petty cash 45
Cr Cash 45
This is international strategy.
hope this helps!
Answer:
Particulars Amount
1. Revenue allocated to the equipment $330
for each bundled sales
{$990 * $280 / $280 + $560}
2. Revenue allocated to the service $660
for each bundled sales
{$990 * $560 / $280 + $560}
3. Sales revenue to be reported in income $660
statement
Service revenue to be reported in $55
income statement
($660/12)
