Answer:
Dr cash $375,000
Cr unearned revenue $375,000
Dr unearned revenue $37,500
Cr revenue $37,500
Explanation:
The total amount realized from the sale of tickets is $375,000($250*1500)
However,the cash proceeds should be debited to cash while it is also credited to unearned revenue
The revenue from fulfilling the performance obligation=1/10*$375,000=$37,500
The $37,500 is debited to unearned revenue and credited to sales revenue as that amount has now been earned
Answer:
The correct option is (b)
Explanation:
Private carrier is an organization that transports only the products produced by firm that own it.
Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.
Companies find having their own carriers cost effective as compared to hiring one.
Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.
Answer:
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Answer:
hope it helped you
Explanation:
A niche is the role a species plays in the ecosystem. In other words, a niche is how an organism “makes a living.” A niche will include the organism's role in the flow of energy through the ecosystem. ... An organism's niche also includes how the organism interacts with other organisms, and its role in recycling nutrients.