Since the company paid for $6000 good for one year, look for
the monthly advertising payment, to do this divide the total payment by 12 months.
6000/12 = 500. So the monthly payment would be $500.
a.
Cash basis accounting:
Advertising expense using cash basis would be $6000. Because
the company already paid for the advertising good for 12 months.
b.
Accrual basis accounting:
Advertising expense under accrual basis would be $1000.
Calculations:
$6000 Advertising prepaid on January 1 for 12 months.
Advertising expense per month is $500.
Advertising expense per month× 2 months = $1000 Advertising
expense for January and February.
The correct answer is HIGH SCHOOL TEACHER.
A license or a certification is one of the major method that the government used to ensure that the right set of people are employed to do a particular job. Take teaching, nursing and doctoring for instance, these professionals render their services directly to the people and they have great impacts on the people they attending to, sometimes, the way they render their services to their customers determine whether these people will die or live. So, the government has to ensure that qualified and appropriate people are handling these jobs, that is why certificates and licences are needed to do these kinds of jobs.
Answer:
Managed Care
Explanation:
Managed care is basically employed by most top organizations to provide medical or health services to their employees through their designated or selected hospitals or medical / health service providers so as to be able to account for every individual who uses the service as well as the cost incurred.
Answer:
Workflow rule
Explanation:
Workflow rules in Salesforce is a strategic program used to automate standard internal procedures and processes in a business when series of conditions are established, in order to save time and ensure better scaling up.
Workflow rules can be executed by using the if/then statement in programming.
Hence, the System Administrator should use the workflow rule so as to notify the VP when sales reps move the Opportunity Stage backward In the sales process.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr 15,900
To Notes Receivable A/c $15,000
To Interest Revenue A/c $900
(Being cash is collected with respect of notes receivable and interest revenue)
For recording this transaction, we debited the cash account and credited the notes receivable and interest revenue account
