Answer:
Dr Unearned fees $24,510
Cr Fees earned $24,510
Explanation:
Preparation of the December 31 adjusting entry required
Based on the information given if the balance shown in the unearned fees account was the amount of $37,040 before adjustment at the end of the year which means that if the amount of unearned fees at the end of the year is the amount of $12,530 the December 31 adjusting entry required will be :
Dr Unearned fees $24,510
Cr Fees earned $24,510
($37,040-$12,530)
The higher the supply the lower the price will be and the higher the demand the higher the price will be. This means that they have an inverse relationship. In short, the more you need something the more you're willing to pay for it, and the less you need it the less you want to pay, and this is basically how the economy works when producing and selling.
Answer:
In 1980
Explanation:
Year Salary Percentage Salary Increase CPI Increase
1970 $12,000 - -
1980 $24,000 100 50
1990 $36,000 50 83.3
As can be seen in the table, the Professor's salary increase from 1970 to 1980 was twice as much as the CPI increase during the same period.
On the contrary, his salary increase from 1980 to 1990 was significantly less than the CPI increase during the same period.
Therefore, the professor's salary was highest in 1980.
Answer:
$328,000
Explanation:
As we all know that:
Ending Equity = Opening Equity + Share Issues + Net Income – Net Loss – Dividends Paid
Here,
Opening Equity is $293,000
Money raised through Shares Issuance was $24,000
Net Income would be $69,000
Dividends paid were $58,000
There were no losses as their is Profit for the year (Net Income).
By putting values, we have:
Ending Equity = $293,000 + $24,000 + $69,000 - $58,000
= $328,000
Answer:
maintenance release
Explanation:
Based on the information provided within the question it can be said that this type of maintenance is called a release. Like mentioned in the question this refers to a release of a product that does not add any new additional features and/or content. Usually mostly done in software development in order to fix small bugs within the code.
