Short position (I think you were supposed to add answers)
Answer:
because they just are buddy
I don't know the answer. I just want you to know that. Good day mate.
Answer and Explanation:
The Journal entry is shown below:-
On November 2022
Cash Dr, $193,200 (6,900 × $28)
To Unearned Subscription Revenue $193,200
(Being the receipt of the subscriptions is recorded)
Therefore to record the receipt of the subscriptions we simply debited the cash as it increased the assets and we credited the unearned subscription revenues as increased the liability so that the correct posting could be done
Answer:
1) - proprietorships.
2) - corporations.
3) - proprietorships.
4) - corporations.
Explanation:
So far as figures are concerned, the majority of companies are proprietorships. Even so, mostly based on currency sales revenue, almost all of the trade is conducted by corporations. Businesses are mostly founded as proprietorships and only transformed into corporations until their success results in drawbacks that overshadow the benefits.
So, the following are the reason that describes the following answers are true according to the given scenario.