Answer:
Examples are such like loyalty programs, subsidized delivery, unique selling points, brand recognition, ethical and/or charitable concerns, after-sales service, positive feedback reviews, marketing campaigns and many more.
Explanation:
Answer:
A. Debit Cash $1,000 and Debit Accounts Receivable $5,000 and Credit Fees Income $6,000
Explanation:
When revenue is earned and cash is paid, debit cash and credit revenue. However, when revenue is earned and cash is yet to be paid, debit accounts receivable and credit revenue.
Hence, given that Smart Services performed $6,000 of services. Their customer paid $1,000 of the amount right away but charged the remaining amount.
Entries required are
Debit Cash $1,000
Debit Accounts Receivable $5,000
Credit Fees Income $6,000
(any company) Payroll for employed workers, Property costs, and taxes.
Answer:
Zola's gross income is worked out under community property state;
Explanation:
community property state
Dividends ($1200/2) $600
Interest on certificate of deposit ($900/2) $450
Salary ($80,000/2) $40,000
Gross income $41,050
Under community law system, all the property is deemed to be community property and is held jointly by the spouses unless the property is acquired before marriage or inheritance or gift.
For federal tax purposes, each spouse is taxed one and half of the property belonging to community. Therefore Zola is taxed 50% for the incomes of her spouse as well including the interest on certificate of deposit.
