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Natali [406]
3 years ago
12

The deferred revenue account typically has which type of normal balance?

Business
1 answer:
Lubov Fominskaja [6]3 years ago
4 0

Answer:

b. Credit

Explanation:

Deferred revenue represents the revenue not earned, basically any advance payments received from customers, for which no goods are supplied or no services are provided yet.

Accordingly the company stands liable for such amount and shall repay in terms of goods or services, meanwhile this is shown as a liability in the balance sheet.

As liabilities has credit balance, deferred revenue also has credit balance.

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During 2017 the inflation rate increased slightly but remained in the​ "comfort zone" and the unemployment rate was low. Why mig
goblinko [34]

Answer:B It thought that unemployment was a greater problem than the rising inflation rate

Explanation:

Inflation is the continuous rise in price of goods and services which is as a result of large volume of money in circulation used for the few available goods and services.

Unemployment is a situation where all that are willing and capable of being employed are unable to get employment.

In the above scenario lowering Interest rates will increase the volume of money in circulation which will invariably increase inflation and we equally increase level of investment as the cost of fund will be cheaper thereby lowering unemployment.

This action means unemployment is of greater problem than rising inflation.

It does not mean inflation is of more concern than unemployment otherwise it will have increase the interest rate, it will make loanable fund demanded to exceed supply and the quantity of money in supply will increase.

7 0
4 years ago
Yasmine plans to attend a four-year public university. She expects she will need to contribute $9,000 annually to her education.
mojhsa [17]
It is D. There are 12 months in a year and she needs to save atleast 9,000. 
600x12=7,200
350x24=8,400
225x36=8,100
200x48=9,600
7 0
3 years ago
Read 2 more answers
According to the video, what qualities do Carpenters need to have? Select three options.
r-ruslan [8.4K]

Answer:

what video? there is no video

8 0
3 years ago
Read 2 more answers
Albert is the manager of a large retail store, with the authority to hire employees. The store does not have a specialized human
anastassius [24]

Answer: An availability bias

Explanation: An availability bias is simply defined as the tendency for people to base their judgments on information that is easier to recall than on those that require extensive use of memory. It is also given as an unrecognized tendency of decision-makers to give preference to recent information, vivid images that evoke emotions, and specific acts and behaviors that they personally observed. Albert by asking questions that come to his mind easily as a result of inadequate preparation which leads to his hiring poor quality employees indicates an availability bias.

6 0
3 years ago
For each of the following items, calculate the cash sources or cash uses that should be recognized on the statement of cash flow
Serhud [2]

Answer:

$784,700

Explanation:

Data provided

Revenue from sales = $762,000

Decrease in accounts receivables = $22,700

The computation of cash received from customers is shown below:-

Cash receipts from customers = Revenue from sales + Decrease in accounts receivables

= $762,000 + $22,700

= $784,700

Therefore for computing the cash received from customers we simply applied the above formula.

5 0
4 years ago
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