Answer:
A. 2
B. May 1, 2021
Dr Cash $94,600
Cr Deferred revenue $89,870
Cr Deferred revenue-coupons $4,730
C. May 1, 2021
Dr Cash $94,600
Cr Deferred Revenue $94,600
Explanation:
A. Based on the information given the numbers of PERFORMANCE OBLIGATIONS that are in this contract is 2 which are:
KEYBOARD and CUSTOMER OPTION FOR FUTURE DISCOUNT
B. Preparation of the journal entry that Meta would record on May 1, 2021.
May 1, 2021
Dr Cash $94,600
Cr Deferred revenue $89,870
($94,600-$4,730)
Cr Deferred revenue-coupons $4,730
(5%*$94,600)
C. Preparation of the journal entry that Meta would record on May 1, 2021
May 1, 2021
Dr Cash $94,600
Cr Deferred Revenue $94,600
Answer:
It has significant barriers to entry.
It depends on brand loyalty and image to generate sales.
It is dominated by a few key players.
Explanation: Let me know if it is right
Answer:
Labor union enable workers to voice concerns about working conditions and safety issues, making them more confident and less intimidated by their employers and thus more productive.
Labor unions foster a more stable work force, decreasing turnover.
Unions are always more efficient than firms at discerning which workers are highly skilled and which are not.
Explanation:
Labor unions improve productivity by improving employee satisfaction, decreasing turnover and attracting trianed skilled labor
Answer: The answer is "A" Technical skills.
Explanation: The technical skills refer to the skills which are handy and are needed to make the job which would otherwise hard to perform to be more easily performed. This skills also explain how a person can design and formulate models or programs for a long task to be performed at a shorter period of time. This is why that case described in the question is best referred to as technical skills. Professional skills at the other hand involve the professional coordination of the activities of an organization. The answer is therefore "A" technical skills.
Answer:
A. Bill’s collected $15,600 from customers for services related to games played in July.
Dr Cash 15,600
Cr Service revenue 15,600
B. Bill’s billed a customer for $600 for a party held at the center on the last day of July. The bill is to be paid in August.
Dr Accounts receivable 600
Cr Service revenue 600
C. The men’s and women’s bowling leagues gave Bill’s advance payments totaling $1,850 for the fall season that starts in September.
Dr Cash 1,850
Cr Unearned service revenue 1,850
D. Bill’s received $1,500 from credit sales made to customers last month (in June).
Dr Cash 1,500
Cr Accounts receivable 1,500
