Using the accrual method, the unearned revenue as of December 31 is $12,000.
<h3>What is Unearned revenue?</h3>
Unearned revenue can be defined as the amount a company received from their client for the service they are yet too rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000.
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet too rendered to their client
Thus, using the accrual method, the unearned revenue as of December 31 is $12,000.
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Explanation:
the correct answer is recognizing and identifying the problem
Abc can be described as utilizing a <u>differentiation strategy</u>.
<h3>What is a
strategy?</h3>
A strategy can be defined as a process that involves planning and implementing actions in a business firm that will help to achieve success in competition.
<h3>The types of
strategy.</h3>
In Business management, there are different types of strategy and these include:
A differentiation strategy can be defined as a strategic approach through which a business firm provides its customers with products and services that are unique, distinct and different from those offered by its competitor (rivals) in the same industry or market.
In conclusion, an example of a differentiation strategy is the <u>addition of value</u> to products and services, so as to attract customers who are willing to pay a higher price.
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Breath better because without air u would die and u need that air BC you won't die and it's good for you
