Basically, the equity method is used to account the amount of an investment which is made by a company on an entity.However, this is done by an investor who contains a substantial amount of investment in the investee company.The investee records any adjustments in the other comprehensive income whereas the investor makes changes in the investment account.
Answer:
Explanation:
1. The journal entries are shown below:
On December 1
Cash A/c Dr $1,260
To Deferred Service Revenue $1,260
(Being cash is received)
On December 31, 2016
Deferred Service Revenue $420 ($1,260 ÷ 3 months)
To Service revenue $420
(Being service revenue is recorded)
2. Income statement
Earned income from car washing services $420
Balance sheet
Assets
Cash $1,260
Liabilities
Deferred Service Revenue $840 ($1,260 - $420)
The Watergate scandal is what changed the laws in the US about companies bribing officials.
The total different ways are 65536.
How many ways can you buy 8 fruit?
8 choices from 4 options with repetition, so the number of ways is (8+4 − 1 4 − 1 ) = (11 3 ) = 165.
<h3>What is the rule of permutation and combination?</h3>
If the order doesn't matter then we have a combination, if the order do matter then we have a permutation.
One could say that a permutation is an ordered combination.
The number of permutations of n objects taken r at a time is determined by the following formula: P(n,r)=n!.
Learn more about permutation and combination here:
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An increase in the price of coffee beans can be expected to increase the demand for pie.
So, in the market if the price of coffee beans increases, quantity demanded for coffee will decrease. As, the coffee in turn is a complement to pie the consumers using coffee will now shift themselves to pie, unless the price decreases for coffee. Thus, the demand for pie is expected to increase now.
Several events could lead to such a change, an increase in population , an increase in incomes, or an increase in the price likely to increase the quantity of coffee demanded at each price.
Hence, this represents the Law of Demand.
To learn more about the Law of Demand here:
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