Answer:
Fee Receivable$7,200
To Service Fees Earned $7,200
(Being the service fess earned is recorded)
Explanation:
Th adjusting entry is shown below:
Fee Receivable$7,200
To Service Fees Earned $7,200
(Being the service fess earned is recorded)
For recording this we debited the fees receivable as it increased the assets and credited the services fees earned as it increase the revenues
Since the payment is made for 6 months but we have to recorded for 4 months i.e computed from September 1 to December 31
= $10,800 × 4 months ÷ 6 months
= $7,200
Answer:
Because a monopoly is when one person or buisness provides a good or service that people can't get anywhere else so they can continue to make money.
Explanation:
Answer:
The correct answers are: greater; below
Explanation:
Education is a public good and a human right from which no one should be excluded. To conceive it as a right and not as a service, requires the State to ensure a compulsory and free education to all citizens, because the rights are not bought or traded, UNESCO establishes and defends.
However, the general benefit of education is greater than the sum of benefits that it provides to each individual. In this sense, four positive externalities are identified: (a) Individuals with more education, charge more and pay more taxes. (b) Kangaroo effect: the State from a young age takes care of the children and therefore, the woman can go to work and produce more income. (c) Production externality: an individual with more education will produce more production and therefore more income. (d) Cultural externality: a community with a strong cultural base can contribute to fostering values such as tolerance and increasing social cohesion, contributing to the reduction of social conflict.