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MakcuM [25]
4 years ago
10

Payments from customers received before performing services for the customers are recorded as

Business
1 answer:
Pachacha [2.7K]4 years ago
7 0

Answer:

B) liabilities.

Explanation:

When the payment is received from the customer before performing the services is known as unearned service revenue

The journal entry is

Cash A/c Dr XXXXX

          To Unearned Service revenue A/c XXXXX

(Being advance payment is received)

We simply debited the cash account as cash is received and credited the respective account i.e unearned service revenue

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True or false: In a stock redemption, the stock redeemed by the corporation must be immediately canceled.
Rina8888 [55]

Answer: False

Explanation:

A stock redemption refers to a scenario where a company calls back its shares from shareholders. Not all shares allow for this to happen as there would have to be a provision in the stock that allows it to happen.

When a company performs a redemption, they do not have to cancel the shares immediately. They can either choose to retire them or they can keep them in reserve as treasury stock.

5 0
4 years ago
The function f(t)=8800(1. 06)^{t}f(t)=8800(1. 06) t represents the change in a quantity over t hours. what does the constant 1.
koban [17]

The rate of change of the quantity is 6%

The calculation for ROC is simple in that it takes the modern value of an inventory or index and divides it by the value from an earlier period. Subtract one and multiply the resulting number by 100 to give it a percent representation.

Given,

f(t) = 8800 ( 1:06 ) t

1.06 = growth rate

1 + 0.06

1 + 6 %

rate of change = 6% per hour increase.

The rate of change function is described as the fee at which one quantity is converted with appreciate to another amount. In easy terms, inside the charge of alternate, the quantity of change in one object is divided by using the corresponding amount of alternate in some other.

Learn more about rate of change here: brainly.com/question/8728504

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3 0
2 years ago
Krazy Kayaks sells its entryminuslevel kayaks for​ $750 each. Its variable cost is​ $500 per kayak. Fixed costs are​ $25,000 per
Sophie [7]

Answer:

A. ​$565,000

Explanation:

The computation of the budgeted operating income is shown below:

Sales revenue ($750 × 2,500)                      $1,875,000

Less: Variable cost ($500 ×2,500)               $1,250,000

Contribution margin                                       $625,000

Less: Fixed cost                                              $60,000

Budgeted operating income                        $565,000

7 0
3 years ago
The purpose of this phase is to provide ongoing assistance for an information system and its users after the system is implement
prisoha [69]
I think the phase that served that purpose would be: <span>the Support and Security Phase

support and security phase is important because customers who unfamiliar with the products tend to face some difficulties in the beginning of their interaction with the production which prevents them to experiencing the maximum value of the product.</span>
7 0
3 years ago
Which of the following is responsible for depth of field?
larisa86 [58]

Answer:

OI, You didn't state the answers!

Explanation:

5 0
3 years ago
Read 2 more answers
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