1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elodia [21]
2 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]2 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)

You might be interested in
.Sam is known by his colleagues as a great communicator, with an uncanny ability to shift speech patterns, expressions, and body
Firdavs [7]

Answer: (C) Physical

Explanation:

 The physical is one of the type of component pf the cultural intelligence that is specifically used for understanding the capabilities for effectively managing the work.

The cultural intelligence helps in encouraging, motivating and also support the employees in the company.

According to the given example, the Sam is known as the great communicator skills which include the body language, shift the pattern of the speech and also the expression.

Therefore, Sam is showing his strongest side by managing the physical cultural intelligence.    

 

3 0
2 years ago
What is the difference between a shortage and scarcity?.
klio [65]

Explanation:

shortage is when a particular thing is present for use but not up to what the person needs.

scarcity is when a thing or object ceased to be used or non availability of a particular thing for a particular period of time.

7 0
2 years ago
The Route 66 Gift Shop, which records sales and sales tax separately, had sales on account of $1,500 and cash sales of $1,000. T
Romashka-Z-Leto [24]

Answer: D. Debit to Accounts Receivable of $1,620 and a debit to Cash of $1,080.

Explanation:

Route 66 Gift Shop records sales and sales tax separately so we would have to account for both of them in the amount recorded in the Journal Entry.

For the Accounts Receivables therefore the figure we would record is,

= 1,500 + 1500(0.08)

= $1,620

For the Cash Sales would be

= 1,000 + 1000(0.08)

= $1,080

Therefore option D is correct.

5 0
2 years ago
Which of the following things does the Affordable Care Act do? A. Regulates the amount of co-pays B. Provides insurance for peop
kipiarov [429]
Hi.

I believe this is:

D. Allows young adults to stay on their parents' insurance until the age of 26.
3 0
3 years ago
Yall know candice you guy like wendys
Grace [21]

Answer:

Y'all know we laugh at your slogan "fresh, never frozen" right? ... It's a bit late, but I feel like getting a burger from the place, read the drama guy's comments.

Explanation:

5 0
2 years ago
Read 2 more answers
Other questions:
  • Which subject line will likely result in grabbing readers' attention? a.Carpool and Vanpool Opportunity b.Our Sustainability Eff
    7·1 answer
  • A company uses the allowance method to account for uncollectible accounts receivables. When the firm writes off a specific custo
    12·1 answer
  • Woody Corporation acquired 70% of Buzz Company’s voting common stock on January 1, 20X3, for $158,900. Buzz reported common stoc
    7·1 answer
  • Another term for a pre- inspection agreement is
    5·1 answer
  • Benkemel Corp., an industrial chemicals manufacturer in Noemern, has entered a foreign market. It now plans to establish a chemi
    12·1 answer
  • Roland becomes ill so he signs and gives his daughter a document authorizing her to manage all of his affairs should he become i
    5·1 answer
  • Coupon payments are fixed, but the percentage return that investors receive varies based on market conditions. This percentage r
    12·1 answer
  • Consider the CAPM. The risk-free rate is 7%, and the expected return on the market is 13%. What is the expected return on a stoc
    5·1 answer
  • Taylor's nominal income is $50,000 per year in Acity where the cost-of-living index is 200. Taylor is considering accepting a si
    7·1 answer
  • Under activity-based costing, nonmanufacturing costs ______.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!