The complete question is:
When a magazine company collects cash for selling a subscription, it is an example of:
1. A deferred revenue transaction
2. An accrued receivable transaction
3. A prepaid expense transaction
4. An accrued liability transaction
Answer:
A deferred revenue transaction.
Explanation:
In this scenario the magazine company has collected cash for a subscription. Subscriptions are payments that are made to gain access to a certain service. Take for example if a subscription has to be paid to a company to access their website for information. The cash has been collected but service is to be provided in the future. When service is not yet provided and payment is collected it is referred to as deferred revenue.
This is because the service has not yet been performed so revenue is not yet earned. When service is provided then the revenue is recognised.
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Answer: Accounting
Explanation:
Accounting is one of the business process that helps in interpreting and identifying the various types of financial data in an organization or corporation.
The main objective of the accounting is that it manage all the financial based performance in the company and also the cash flows system in the business.
According to the given question, the accounting is known as the functional area that summarized the data or information and also give advises to the manager on the various types of financial based matters in an organization.
Therefore, Accounting is the correct answer.
The effect of Wordsworth’s use of the word company in this passage is: The word shows that the speaker does not feel lonely when he is surrounded by daffodils.
<h3>What is company?</h3>
Company means to be around people or to be around of people or someone that makes you happy and keep you company.
Wordsworth’s using the word company signifies that the speaker is not lonely whenever daffodils are around him.
Therefore the correct option is A.
Learn more about Wordsworth’s here: brainly.com/question/2496650
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