Solution:
The journal entries for Geraths in 2020
July 1st Cr Dr
No entry No entry
September 1st Cr Dr
Cash 2000
Accounts receivable 400
Cost of goods sold 1100
Inventory 1100
Unearned service revenue 554
Sales Revenue 1846
October 15th Cr Dr
Cash 400
Unearned service revenue 554
Service revenue 554
Accounts receivable 400
This is an example of crowdsourcing because it significantly lowers the cost of design and construction by utilizing the collective wisdom of the crowd.
<h3><u>Crowdsourcing: What is it?</u></h3>
Engaging a "crowd" or group for a common objective—often innovation, problem-solving, or efficiency—is known as crowdsourcing. Web 2.0, social media, and new technologies power it. Crowdsourcing can occur on a variety of scales and in a wide range of industries.
Our increased connectivity has made it simpler than ever for people to come together and support a project or cause, whether it be with ideas, time, expertise, or money.
Crowdsourcing is the collective mobilization in question. It is a method of using people or groups of people, paid or unpaid, who are connected with one another through a shared interest to advance powerful increased results through their aggregated actions or activities.
Learn more about crowdsourcing with the help of the given link:
brainly.com/question/9452858
#SPJ4
Answer:
The correct option is C
Explanation:
Overconfidence bias is a tendency to hold a misleading assessment of our skills, intellect or talent.
Answer:
Refinance and Consolidate