Answer:
The answer is: Signal will not succeed on their claims.
Explanation:
In order for acceptance of a product to be valid, the buyer must accept the products after inspection and give formal acceptance, or fail to reject the products after a reasonable time for inspection. Only after the products are accepted does the buyer lose any rights to revoke acceptance.
In this case, Turner accepted the TVs based on Signal's promise that they were in perfect condition, but after inspection, Turner can revoke that acceptance do to damages on the products.
Both companies agreed that the payment should be done upon delivery, but there was no specific payment method. Turner tried to pay with a check that Signal rejected. Signal cannot demand a cash payment because a check is a valid payment.
Answer:
A valuation allowance is a contra account to deferred tax assets only-A.
Answer: Clickthrough rate
Source and explanation: <span>https://goo.gl/EfAAxu</span>
<h3>Hello there!</h3>
Your question asks how much you would be paying for insurance with the information given.
<h3>Answer: $300</h3>
The reason why your answer would be $300 is because that's the premium that you would be paying for. The "premium" means the amount you're paying for coverage. The premium could have different coverages that make up the price. The insurance would cover the liabilities that you might have.
People tend to get confused with deductibles. You don't pay monthly for deductibles. Deductibles are a payment that someone needs to pay before an insurance company starts paying for your needs that your coverage provides. For example, if I brake a bone, I would first pay the $500 deductible before the Insurance company starts covering my costs. This is the ensure that the insurance company gets some type of money before they start helping you.
<h3>I hope this helped you out!</h3>
Answer:
C. Unearned rent revenue 40,000 debit
revenue 40,000 credit
Explanation:
The contract is 60,000 per year
per month, the rent will be 60,000/12 = 5,000
Because the payment was in advance, the rent revenue wasn't earned yet. At year-end we adjust for the portion earned and recognize this revenue.
We need to calculate the accrued rent from May 1st to December 31th
December 31th - May 1st = 8 months
8 months x 5,000 per month = 40,000
This is the amount accrued for the year.