Answer:
D. Debit Deferred Revenue, $20; credit Sales Revenue, $20.
Explanation:
Deferred revenue is a liability that represents revenue related to products that are owed to a customer but is yet to be earned.
In January, 2018, when selling the gift card, the company should have credited $50 to deferred revenue.
In February, 2018, the customer spends a fraction of the deferred revenue, so $20 should be debited to deferred revenue while the value of the purchase should be credited to sales revenue.
Therefore, the answer is D. Debit Deferred Revenue, $20; credit Sales Revenue, $20.
Consumers express self-interest when they seek the lowest price for a product.
<h3>What is the meaning of self interest?</h3>
This is the term that has to do with the personal advantage that a person would have due to the choices that they make which they intend to suit them first before any other person. People seek for lower prices without having to care about the way that the request would affect the business that they are buying from.
Hence we can say that: Consumers express self-interest when they seek the lowest price for a product.
Read more on self-interest here: brainly.com/question/20566107
#SPJ1
Planning for sure. that’s how you want to have any project
Answer
False
Explanation
You are still giving her the 25% not him
Answer:
The correct answer is letter "C": economy-wide phenomena.
Explanation:
Macroeconomics studies the performance of an economy as a whole while Microeconomics focuses on the decisions, spending, and performance of individuals or single businesses. Macroeconomics focuses on aggregate expenditure and consumption of a nation or region.