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yanalaym [24]
3 years ago
6

On February 1, the Acts Tax Service received a $3,600 cash retainer for tax preparation services to be provided rateably over th

e next 4 months. The full amount was credited to the liability account Unearned Service Revenue. Assuming that the revenue is recognized rateably over the 4 month period, what balance would be reported on the February 28 balance sheet for Unearned Service Revenue?
Business
1 answer:
MatroZZZ [7]3 years ago
7 0

Answer:

$2,700

Explanation:

The computation of the unearned service revenue balance reported on the February 28 balance sheet is shown below:

= Total cash received - expired service revenue

= $3,600 - $900

= $2,700

The expired service revenue is

= Received amount ÷ number of months

= $3,600 ÷ 4 months

= $900

It is come by deducting the expired service revenue from the total cash received so that the balance could come

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Answer:

The required cycle time for this assembly line is 2 minutes. The rigtht answer is c.

Explanation:

Acording to the data, we have the following:

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Therefore, to calculate the required cycle time for this assembly line we have to use the following formula:

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Help Please!!!!Jamir has decided that he needs a new car. He has found the model and color he wants for a purchase price of $25,
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