1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Yuki888 [10]
4 years ago
9

In December 2020, Quebecor Printing received magazine subscriptions for 2021 from customers, who paid $450 in cash. What would b

e the appropriate journal entry for this event in December 2020?
Business
1 answer:
Usimov [2.4K]4 years ago
3 0

Answer:

Explanation:

Dr: Cash $450

Cr deferred income

You might be interested in
In the example in the video, why would American companies be hurt when trying to sell goods in Europe affected?
diamong [38]

Answer:US goods would be more expensive

Explanation:

6 0
4 years ago
Suppose 10 new hair salons open in this city. Would this have an effect on the supply and / or demand curves? Explain
vichka [17]

Answer:

it would have effects on the demand

Explanation:

this would have more affect on the demand because there are more people that want the Supply

4 0
2 years ago
According to anthony downs model, a rational party will adopt the policy position that is
Stells [14]

Closest to the view of the majority of voters.

The Anthony Downs model attempts to apply economic theories to political decision making.

8 0
4 years ago
This tax is locally assessed, varies according to the worth of land and goods on it, and generally funds things like public scho
andre [41]

Answer:

Property

Explanation:

I Did it

7 0
2 years ago
The general journal is used to: a. post all accounting entries not posted in other individual journals. b. post all accounting e
hjlf

Answer: The general journal is used to post all accounting entries.

Explanation:

The general journal is the journal where all company transactions are recorded in. In other words, a general journal is the book of original entry where bookkeepers and accountants record business transactions according to the date the transactions take place.

It is the initial place where transactions are recorded, every page in the journal is divided into columns for dates, debit or credit records, serial numbers etc. Some companies keep specialized journals, such as sales journals or purchase journals, which records only a particular type of transactions. When a transaction has been recorded in the general journal, the amount is then posted to the appropriate accounts.

6 0
4 years ago
Read 2 more answers
Other questions:
  • Rafael, Fraud Unit Manager, has just received an interview report from Stefano, a systems analyst. Rafael was interviewed by Ste
    14·1 answer
  • Green Cleaning purchased $500 of office supplies on credit. The company’s policy is to initially record prepaid and unearned ite
    10·1 answer
  • An ethical issue is a problem, situation, or opportunity a. requiring an individual, group, or organization to choose among seve
    12·1 answer
  • Which of the following is not true of a budget
    8·2 answers
  • Two economists estimate the government expenditure multiplier and come up with different results. One estimates the multiplier a
    7·1 answer
  • A project is expected to generate annual revenues of $119,300, with variable costs of $75,400, and fixed costs of $15,900. The a
    14·1 answer
  • Ivor borrowed $420,000 from Lear Bank. At Lear's request, Ivor entered into an agreement with Ash, Kane, and Queen for them to a
    12·1 answer
  • The prepaid insurance account had a balance of $3,000 at the beginning of the year. The account was debited for $32,500 for prem
    15·1 answer
  • Nu Furniture has sales of $241,000, depreciation of $32,200, interest expense of $35,700, costs of $103,400, and taxes of $14,63
    7·1 answer
  • A union declares it will be engaging in a partial strike whereby its employees will alternate between working for a period of ti
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!