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Deffense [45]
3 years ago
8

Deferred revenue is revenue that is a.not earned and the cash has not been received b.not earned but the cash has been received

c.earned but the cash has not been received d.earned and the cash has been received
Business
2 answers:
Aleksandr-060686 [28]3 years ago
7 0

Answer:

The answer is B. not earned but the cash has been received

Explanation:

Deferred revenue is when the money for a service has been received but the service has not been discharged. Deferred revenue is classified as a liability. Deferred revenue account decreases by the same amount with revenue as revenue is earned.

For example, a customer has paid for a year subscription to magazines. This money is an deferred revenue because the service will last for a year

Dennis_Churaev [7]3 years ago
6 0

Answer:

The correct answer is letter "B": not earned but the cash has been received.

Explanation:

Deferred Revenue is accrued compensation that a company receives for products or services that it has not yet provided or distributed. Another name for the deferred revenue is unearned revenue.  Although regular payments for services rendered are reported as revenue on the company's income statement, deferred income is recorded as a liability until the product is delivered.

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In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Orio
zmey [24]

Answer and Explanation:

The journal entry to record the sales transaction is given below:

On April 10

Cash Dr $25,725

       To Sales revenue $24,500

       To Sales tax payable $1,225

(Being the sale is recorded)

Here cash is debited as it increased the assets and revenue & sales tax payable is credited as it increased the  revenue & liabilities

3 0
3 years ago
Currently, the leadership trend is to empower employees. When a leader empowers employees, that leader is giving them: Multiple
Anni [7]

As much freedom as possible to become self-directed and self-motivated is When a leader empowers employees, that leader is giving them.

<h3>What is the advantage of the self-motivated employees?</h3>

Self-motivate employees are the best performer in the organization as they are highly charged and devoted towards the company, so they tried to give their best in every aspect. They are more loyal towards their leaders as they both have trust relationship between each other.

Thus, option C is correct.

For further details about advantage of the self-motivated employees, click here:

brainly.com/question/14645593

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8 0
2 years ago
Some countries have high minimum wages and require a lengthy and costly process to get permission to open a business Select one:
Pani-rosa [81]

Answer:

b. Reducing the minimum wage and the time and cost to open a business would shift the long-run aggregate supply curve to the right

Explanation:

Minimum wage is a wage set by the government, to pay for laborers. Wages below this is illegal. Wages are also a major cost to any firm. When they have been reduced, cost of production is likely to fall. Cost of production is a factor affecting supply. When cost of production falls, supply shifts right.

This is explained as that when cost of production falls, businesses can now make higher profits. This acts as a motivation for many other firms to also enter into the market. Therefore, supply is likely to rise in the long-run, shifting the supply curve to the right.

Time and cost to open a business is another factor affecting supply. When the time and cost is high, it discourages new firms because they do not want to undergo the hassle of submitting many legal documents or may not have enough funds to pay for all the costs. However, when the cost and time taken falls, more firms will be willing and able to enter into the market. Thus, the supply curve shifts right in the long run, increasing quantity supplied.

6 0
3 years ago
_____________ - a term referring to the fact that for many goods, as the level of production increases, the average cost of prod
amm1812

Answer:

Economies of scale

Explanation:

As the production increases, the cost per unit of a single product type decreases.

7 0
3 years ago
Beth has been searching for the right sunscreen lotion for her skin type. She tries a few brands, but none of them suit her sens
AlladinOne [14]

Answer:

The correct answer is C

Explanation:

Word of mouth is defined as the advertisers and marketers who seek to establish or create something worth talking regarding and then actively encourage the people to talk regarding it.

Organic word of mouth (termed as Organic WOM), is defined as the word of mouth that naturally happen, when the person become himself the advocate as they are happy with the product and have a desire to share the support.

So, in this case, the beth who searching fro lotion tries few brands, but when she finally finds the product or lotion which suits her skin. She tells her close friends regarding it. Therefore, it is an example of Organic Word of Mouth.

7 0
3 years ago
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