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arsen [322]
3 years ago
10

A company received a bill for newspaper advertising services, $350. The bill will be paid in 10 days. How would the transaction

be recorded today?
a. Debit accounts payable $350, credit cash $350
b. Debit advertising expense $350, credit cash $350
c. Debit accounts payable $350, credit advertising expense $350
d. Debit advertising expense $350, credit accounts payable $350
Business
1 answer:
creativ13 [48]3 years ago
6 0

Answer:

d. Debit advertising expense $350, credit accounts payable $350

Explanation:

The advertising expense should be recognized when the economic event occurs, in this case recibing the bill, independently of its payment. This is done with a debit because expenses increase by debits. The credit account is a liability: account payable, which represents an increased on liabilities.

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sammy [17]

Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

3 0
3 years ago
The Besnier Company had $250 million of sales last year, and it had $75 million of fixed assets that were being operated at 80%
Elina [12.6K]

Answer:

$312.5 million

Explanation:

Given that,

Besnier Company's sales last year = $250 million

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= $312.5 million

Therefore, if the company had operated at full capacity then the sales could have been $312.5 million.

7 0
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To reduce potential liability, in which area should real estate professionals not provide expert information?
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5 0
3 years ago
Based on the advertising utilized, what do you surmise must have been the value proposition for iPhone at the time of its launch
Ugo [173]

The launch campaign for the iPad started about two months before the iPad was schedule to beout on sale. This waiting period caused a huge buzz because everyone wanted to get their handson the iPad. The advertising the product was built up on teaser advertisements. Value propositionis a promise made by the company and belief of the customers regarding the value obtained fromthe product. The values perceived for the iPad was an electronic object that can be used forthings like work, listening to music, games, emails, and you can take it anywhere. So when itcould to the iPhone Apple launches the campaign the same way with a waiting period to create abuzz and teaser advertisements to get attentions. The values perceived for the iPhone is a littlemore than the iPad because it is an electronic object you can text, call, search the web with yourphones plans data and without Wi-Fi, but also be used for things like work, listening to music,games, emails, and you can take it anywhere.

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Seeing his son graduate from college is most likely a short-term goal for a
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The answer is c 28 years old

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3 years ago
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