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Elodia [21]
3 years ago
5

Software Solutions was hired by Jones Company on December 1 to install and updated software. The total entire amount of $1,800 i

n revenues is to be paid to us by Jones Company when the job is completed the following January 31. As of December 31, we have completed one half of the software installation and updates. On December 31, Software Solutions makes the following entry to adjust for the revenues earned during December:
Business
1 answer:
Talja [164]3 years ago
8 0

Answer:

Software solutions was hired to install and update software.

When job was completed,

Total revenue paid by Jones company = $1,800

As of December 31,

software installation completed = 1/2

Service revenue = 0.5 × $1,800

                            = $900

Therefore, the adjusted journal entry for the revenue is as follows:

On 31st December,

Accounts receivable A/c      Dr. $900

To Service revenue                               $900

(To record revenue earned)

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IBM satisfies consumers' needs for powerful, easy-to-use laptop computers by converting assorted software routines, hardware dev
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Answer: Form utility

Explanation:

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Companies invest money and time into the research of product research in order to know the kind of products or services that consumers desire. The firm utility is the method of used by IBM.

8 0
3 years ago
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Generalized reciprocity :

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5 0
2 years ago
In converting net income to net cash provided (used) by operating activities, under the indirect method:
Monica [59]
My guess would be B , Hope I helped :)
6 0
3 years ago
Which of the following statements is true?
Ivan

Answer:

Statement b. is True

Explanation:

When using variable costing method, all the costs which are variable in nature is charged based on per unit basis and is not periodic in nature, as depends o quantum of production and sales.

While considering fixed cost, it is considered periodic in nature as this does not depend on quantum of production or quantum of sales, as this is fixed in terms for a period it is periodic in nature, and is treated unavoidable even at a level where no units are produced.

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7 0
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Can someone please write a business article for me
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u can use quillbot.com

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