1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yulyashka [42]
3 years ago
6

Better Publications sold annual subscriptions to their magazine for $42,000 in December, 2016. The magazine is published monthly

. The new subscribers received their first magazine in January, 2017. What adjustment should be made in January if the subscriptions were originally recorded as a liability?
Business
1 answer:
Amanda [17]3 years ago
7 0

Explanation:

The adjusting entry is as follows

On January 31

Unearned revenue A/c Dr $3,500

     To Magazine subscription  revenue A/c $3,500

(Being the unearned revenue is recorded)

The computation is shown below:

= Sale value of annual subscriptions ÷ total number of months in a year

= $42,000 ÷ 12 months

= $3,500

You might be interested in
Chester K. owns a consulting firm and hires freelance consultants to provide investment counseling services to a variety of clie
aliina [53]

Answer:

An investment center

Explanation:

A division, firm, work team or department that directly contributes to the company's profit gain is referred to as an investment center. On the contrary, a cost center is a department that does not directly contribute to profit, but represents mainly a cost for the company, although it benefits the business.

Chester's firm is an investment center, as he keeps his overhead costs at a minimum and does outsourcing in terms of HR.

4 0
3 years ago
You are an occupational health nurse in a large ceramic manufacturing company. how would you intervene to prevent occupational l
Ira Lisetskai [31]

As a health nurse here are some prevention methods for lung diseases for the people that work in ceramic industry that everyone should be aware of:

  • Make sure to use a ceramic mask when you are working or mixing the clay to make sure you do not inhale any fine particles.
  • At all costs unnecessary exposure to the dust should be avoided as these dust particles when inhaled decrease the lung capacity.
  • Do not eat or drink at your working place as these will again go through your system leading to any damages.
  • Always be aware of the ingredients that are using if they are harmful the management should be made aware so that it doesn't harm when working with them.
  • Good and clean working environment with a flow of fresh air should be insured.

To know more about lung diseases refer to the link below

brainly.com/question/15645636

#SPJ4

3 0
2 years ago
Red Co. acquired 100% of Green, Inc. on January 1, 2017. On that date, Green had land with a book value of $42,000 and a fair va
Sergeeva-Olga [200]

Answer:

$5,000

Explanation:

The computation of total amount of excess fair over book value amortization expense adjustments to be recognized by red is shown below:-

Excess of fair value over book value =  Land fair value - Land book value

= $52,000 -$42,000

= -$10,000

Here land is not amortized

Excess of fair value over book value = Building fair value - Building book value

= $390,000 - $200,000

= $190,000

Excess fair value over book value amortization expense adjustments to be recognized by red = Excess of fair value over book value of building ÷ Number of Years

= $190,000 ÷ 10

= $19,000

Excess of fair value over book value = Equipment fair value - Equipment book value

= $280,000 - $350,000

= ($70,000)

Excess fair value over book value amortization expense adjustments to be recognized by red for equipment = Excess of fair value over book value of equipment ÷ Number of Years

= ($70,000) ÷ 5

= ($14,000)

Total amount of excess fair over book value amortization expense adjustments to be recognized by red

= $19,000 - $14,000

= $5,000

7 0
3 years ago
Which of the following accurately describe depreciable cost? i. The amount of cost a company intends to depreciate over the life
kirza4 [7]

Answer:

(i) and (iv)

Explanation:

The appreciable cost is the cost in which the assets can be depreciation over the useful life

And, the appreciable cost is come after deducting the salvage value from the acquisition cost      

The formula to compute the depreciation expense using the straight-line method is shown below:

= (Original cost - salvage value) ÷ (useful life)

So it can be calculated after considering the first and four options

6 0
4 years ago
If you ask yourself whether you care more about what people think of you as part of their group or whether you care more about s
MaRussiya [10]

Self-awareness discussion is given in the following way

Explanation:

1.Caring about what they think about you: self-awareness, social anxiety or (public) self-consciousness.

2. 7 Practical Ways to Not Care What Other People Think

  • The negative comments someone makes is about them, and not you. ...
  • Be true to yourself.
  • This is your one life.
  • Think, really think, about the absolute worst case scenario.
  • Remove sources of negativity, immediately.
  • Trust a few opinions, but forget the rest.

3.It can inhibit you from living your life, because your entire being (your personality, your thoughts, your actions) are controlled by an idealized standard of what people want to see. When you become so obsessed with other people's opinion of you, you forget your own.

4.People care about what other people think or say about them because they are trying to impress others. They are seeking for validation. ... People also care too much about what others say when they base all their efforts to achieve something that is basically to make other people pleased.

5.Social anxiety disorder (also called social phobia) is a mental health condition. It is an intense, persistent fear of being watched and judged by others. ... But social anxiety disorder doesn't have to stop you from reaching your potential.

5 0
4 years ago
Other questions:
  • 2. What is the most difficult and yet the most important step in market research?
    10·1 answer
  • a local pizza parlor is selling two different shapes of cheese pizza for the same price. You can get two small square pizza that
    6·1 answer
  • Erica and Brett decide to form their new motorcycle business as an LLC. Each will receive an equal profits (loss) interest by co
    14·1 answer
  • Alex's country was once communist, but now allows limited private ownership of companies, and lets market forces determine produ
    11·1 answer
  • If a business person wants to get information about a special product to a wide variety people across a large geographic range,
    7·1 answer
  • When analyzing stages of economic development in the United States, it appears that we have entered the "tertiary stage." This i
    11·1 answer
  • An exchange rate is the amount of money one currency can be traded for one unit of another currency.
    12·1 answer
  • Consider two stocks, A and B. Stock A has an expected return of 10% and a beta of 1.2. Stock B has an expected return of 14% and
    13·1 answer
  • Which of the following statements is TRUE?
    15·1 answer
  • You buy a security that will pay you $500 in 1 year. You pay $455 today. If you hold this security to maturity, your yield to ma
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!