Probably rent to buy but if that isn't an answer tell me the options.
Answer:
A. Debit Equipment and credit Cash.
- You purchase equipment and you pay in cash.
B. Debit Dividends and credit Cash.
C. Debit Wages Payable and credit Cash.
- You paid wages that you owed to your employees. Generally wages are paid at the end of the week and not all months end on a weekend. So you must record wages payable until you actually pay the wages.
D. Debit Equipment and credit Common Stock.
- You received equipment in exchange for common stock.
E. Debit Cash and credit Unearned Revenue.
- You received cash in advance for some food that you will deliver in the future.
F. Debit Advertising Expense and credit Cash.
- You incurred in advertising costs and you paid them in cash.
G. Debit Cash and credit Service Revenue.
- You sold meals and your clients paid you in cash.
I will give you a link from quizlet. Just wait..
Answer:
The answer is $0.
Explanation:
Contributed service revenue or contributed revenue can be defined as the service or goods received with no payment or any other kind of exchange.
So in this question, the work from the volunteers and the film from CPA can be all accounted for contributed service revenue.
If we calculate them;
- The movie costs $60 per hour so at 60 hours, it would cost $3600.
- The 50 volunteers worked a total of 1000 hours, at $6 per hour, the total cost is $6000.
But since Unique Games are a non-profit entity, the amount they should recognize as contributed service revenue is $0.
I hope this answer helps.
Answer:
it helps efficiently direct the flow of savings and investments in the economy.
Explanation:
yeah thats it
