Answer:
c. has fallen dramatically in the last few years, with Internet ad sales unable to fill the gap
Explanation:
Newspaper is the most old source of information and country wide updates to human beings.
But with evolution of time, and introduction of internet, people have started using it more, and that the feed of newspaper deliver things late.
Thus, people have switched to internet for information, and also the advertising companies, as the audience is more on internet.
Thus, this clearly depicts that the revenue of newspapers have fallen down because of the rising spread of internet and its increasing users.
Answer:
$0
Explanation:
Under the direct method of cost allocation, each and every service department cost would be distributed to the producing department that depend upon the square footage of space. Also the service of service department would be used by the other service department would not be considered.
So here the custodial service cost would be distributed to the producing department A and producing department b and no cost would be distributed to the general admin department
Hence, the $0 would be allocated
Answer:$200,000
Explanation:
The equivalent amount of wages in the area for the services performed by the volunteer represents the amount that was saved by the firm by using the volunteer for the execution of the services. The sum will be credited into the income statement through a journal and the amount actually paid to the volunteer will be debited to the income statement to leave a net income of $182,000.
Answer:
A. True
Explanation:
Gold is a valuable commodity acquired for various reasons. In economists, gold is as a store of value and an investment tool. Gold is traded in the financial markets like other valuable metals such as silver and copper.
If investors anticipate the price of gold to rise in the near future, demand for gold will increase. Gold will be bought as an investment asset for speculative purposes. Traders will buy gold and the current prices and wait to sell when the prices rise. Investors take advantage of price movement to make profits.
Answer:
Dr Sales Discount $63
Cr Allowance for Sales Discount $63
Explanation:
Preparation of the June 30 fiscal-year-end adjusting journal entry for future sales discounts.
Based on the information given the June 30 fiscal-year-end adjusting journal entry for future sales discounts will be:
30-June
Dr Sales Discount $63
Cr Allowance for Sales Discount $63
(3%*$2,100)
(To record future sales discounts)
