Answer:
C) Credit to Unearned Management Fees for $62,000.
Explanation:
* There is an Inconsistency with the amount of fee mentioned in Question and In options $60,000 and 62,000 respectively.
The Service fee is received in advance and the service is not been performed. You can record the revenue when you perform the service against the amount received. So, amount 62,000 will be the Unearned Management fee and it will be a liability and the Journal transaction for this event will be as follows:
Dr. Cash $62,000
Cr. Unearned Management Fees $62,000
So the correct option is C) Credit to Unearned Management Fees for $62,000.
In this case it is a realistic view of the work. The manager makes it clear what the company intends with the employee. She explains that employment can offer good chances for professional growth, but also makes it clear that this will happen due to employee performance and consistent work. It is a realistic view of the job by presenting the benefits and duties of the employee.
<span>performing calculations and using equipment</span>
Durable and Nondurable goods are included in the Gross Domestic Product calculation of consumption.
Consumption expenditure refers to expenditure incurred by means of households on the buying of all varieties of purchaser goods, i.e durable goods like food merchandise and nondurable items like motors.
The manufacturing of durable items is a part of a country's Gross Domestic Product. As reported within the Survey of present-day business with the aid of the Bureau of monetary evaluation and also within the annual report of the Council of Economic Advisers, long-lasting items which can be sold to purchasers appear underneath non-public intake fees.
Consumer nondurable goods are purchased for fast or nearly instant intake and feature a lifestyles span starting from mins to a few years. common examples of those are meals, liquids, garb, footwear, and gas.
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<span>Regarding distribution channels, the channel process includes all activities, beginning with the manufacturer and ending with the final consumer. When products are developed the main goal is to get them into the hands of the consumer, the person making the purchase. Each channel is responsible for an individual task with the end goal being the same. </span>
