Answer:
Explanation:
The adjusting entries are shown below:
a. Unearned Fees A/c Dr $82,760
To Fees Earned A/c $82,760
(Being unearned fees are adjusted)
For recording the transactions we debited the unearned fees account and credited the fees earned account
b. Accounts Receivable A/c Dr $32,640
To Fees Earned A/c $32,640
(Being accrued fees recorded)
As the earned fees do not bill so we debited the account receivable account and credited the fees earned account
Answer: The loss of enjoyment people incur when scenic land is converted to commercial use.
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
The leisure time enjoyed by Americans Funds spent by state governments to build highways
Explanation:
The gross domestic product is the value in terms of money of all the goods and services that are produced in a particular country at a certain period of time.
Over time, people have often criticised the use of GDP as a good measurement of the output of a nation that it does not include every transactions and production for that nation. In this scenario, the following cases are either not accurately accounted for or are measured inaccurately.
1. The loss of enjoyment people incur when scenic land is converted to commercial use.
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
3. The leisure time enjoyed by Americans Funds spent by state governments to build highways.
In the above cases, the monetary value of these activities aren't reflected on the GDP calculation.
Answer:
b. a reorganization.
Explanation:
Under the chapter 13, the bankruptcy should be filed and it mainly reorganization plan for the payment. It is to be done by splitting the non-secured debt across the various years also it permits the individual to retain the assets
So as per the given situation, in order to attain the goal, the proprietorship should file the petition in bankruptcy under for relief via a reorganization
Answer:
d. Shopping
Explanation:
Based on the scenario being described within the question it can be said that this flight is an example of a shopping product. This term refers to a product that consumers purchase very rarely, and because of this choose to compare prices between all the available options in the market because they do not know what a regular price range actually is for that product.
