1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tatyana61 [14]
3 years ago
15

Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25, an

d $50 increments. Assume Apple sells $19.8 million in iTunes gift cards in November, and customers redeem $12.8 million of the gift cards in December. Record the advance collection of $20 million for iTunes gift card.
Business
1 answer:
trapecia [35]3 years ago
7 0

Answer:

cash             20,000,000 debit

     unearned revenue        20,000,000 credit

Explanation:

Record the advance collection of $20 million for iTunes gift card.

When a gift card is sold, Apple Inc assume the obligation of latter provide iTunes in the near future or do  cash reimbursement therefore; this isn't revenue. It is a liability. Apple will generate revenue when the gift ard are redeem not at sale.

You might be interested in
Because all work ultimately entails some human interaction, effort, or involvement, Bossidy and Charan believe that focusing on
jeka94

Answer:

The correct answer is False.

Explanation:

It is not true that Bossiddy and Charan consider that the synergy process is the most important, without ignoring that it is very useful for achieving organizational goals. What these authors propose is that the process executed by people is the most important among the top 3 (people, strategy and operations.

8 0
3 years ago
A 30-year 7% corporate bond was issued exactly 10 years ago. You purchased this bond today, when it was trading to yield 9%. Tom
sergiy2304 [10]

Answer:

The answer is "B"

False

Explanation:

At maturity the bond’s realized yield can not be equal to 7% because of the uncertain future interest rate.

3 0
3 years ago
Read 2 more answers
Create an oral presentation about yourself that will provide your interviewee with an accurate picture of your skills and prepar
miss Akunina [59]

In creating a personal commercial, one have to give a conversational and natural oral presentation. One can start with:

  • Been confident, have a good poised, and been professional.

<h3>What is a personal commercial?</h3>

Others are:

  • Greet by saying: Hello, my name is (name).
  • State your Goal, Interest and also your passion and others kind of attributes that can set you apart from others.

A personal commercial is known to be a short introduction that a person often give to a specific employer, mentor, or others.

Conclusively, By following the steps above, one can give a good  personal commercial.

Learn more about Commercial from

brainly.com/question/3837126

#SPJ1

6 0
2 years ago
B was 42 when the life insurance policy was issued. 42 is referred to as the ______ age of the policy. A
Gemiola [76]

Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

<h3>What is an original age?</h3>

In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.

Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

Read more about original age

<em>brainly.com/question/26386049</em>

5 0
2 years ago
Which of the following is NOT one of the factors complicating the techniques for addressing the fixed-position layout?
MAVERICK [17]

Answer:

C) Takt times at workstations are dynamic.

Explanation:

A fixed-position layout can be regarded as a layout that allow products to stay in one place, and movement of workers and machinery can be moved to it once needed. Some of the Products that are not possible to move are airplanes, construction projects as well as ships. Fixed-position layout is usually used when dealing with product which are too large or heavy to move. Disadvantages is that it takes space, and administration burden is usually high. Factors that could complicate the techniques for addressing the fixed-position layout are;

✓There is limited space at virtually all sites.

✓The volume of materials needed is dynamic.

✓At different stages of a project, different materials are needed; therefore, different items become critical as the project develops.

5 0
2 years ago
Other questions:
  • Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $ 25,
    5·1 answer
  • Due to synergism, if you take two depressants together, it may be the same as taking __________.
    7·1 answer
  • If a nation is going to achieve and sustain a high rate of economic growth, it must prohibit low-wage foreign producers from sup
    8·2 answers
  • Read the following paragraphs about four films and then identify the purpose of each paragraph: to summarize, to analyze, to syn
    11·1 answer
  • When the price of bubble gum is $0.50, the quantity demanded is 400 packs per day. When the price falls to $0.40, the quantity d
    5·1 answer
  • A bond has a standard deviation of 10.7 percent and an average rate of return of 6.4 percent. What is the coefficient of variati
    13·1 answer
  • Your company has established a hurdle rate, or cost of capital of 15% for new investment projects. You have just analyzed a new
    6·1 answer
  • Susmel Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1 2 3 Cash flo
    9·1 answer
  • A __________ card is issued by a credit union or bank and allows the user to purchase goods and services by electronically deduc
    14·1 answer
  • Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!