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
Answer:
The journal entry for the issuance of the preferred stock is shown below:
Explanation:
Cash A/c..................................................Dr $30,000
Preference Stock A/c....................................Cr $10
Paid in Capital in excess of Par A/c...........Cr $29,990
Working Note:
Cash = Shares × Issued price per share
where
Shares are 1,000
Issued Price per share is $30
= 1,000 × $30
= $30,000
Preference Stock = Shares × Par price
= 1,000 × $0.01
=$ 10
Paid in Capital in excess of Par = Cash - Preference stock
= $30,000 - $10
= $29,990
Watchful Eyes would probably benefit from departmentalization by Customer type
.
<u>Explanation:
</u>
The departmentalization applies to the hierarchical structure and partnership between the company and different departments and management roles. As a company expands, its divisions are expanded and more site-units are formed, introducing more management layers.
LA Gear is also an example of a company utilizing departmentalization of the product. The system is based on its wide range of products like female footwear etc. Departmentalization of the operation – Grouping of product/service processes or customer flow behaviour
Departmental business services–Grouping on the level of specific clients or consumer forms, Jobs may be classified by the group of customers the company represents. I assume that each organization's customers have a specific set of problems and criteria which specialists can better fulfill.
eye glasses are farther away from your face compared to contacts which are directly on your eye
The investment that meets these requirement is : Treasury bills
<h3>What are Treasury Bills ?</h3>
A low risky investment with low liquidity and can be held for a short term is Treasury bills are one of the safest investments that can held for a short period ( A few days to 52 weeks ),They are better investment opportunities for investors close to their retirement.
Treasury bills have low returns on investment when compared to other investments.
Hence we can conclude that The investment that meets these requirement is : Treasury bills
Learn more about treasury bills : brainly.com/question/24553422
#SPJ1
