1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LenaWriter [7]
3 years ago
9

July 31: during july, ps music provided guest disc jockeys for kxmd for a total of 115 hours. the contract requires ps music to

provide a guest disc jockey for 80 hours per month for a monthly fee of $3,600, which ps music has already received payment for. any additional hours beyond 80 will be billed to kxmd at $40 per hour.
Business
1 answer:
Cloud [144]3 years ago
5 0

Answer:

The journal entries to record service revenue during July should be:

Dr Cash 3,600

    Cr Service revenue (80 hours per month) 3,600

Dr Accounts receivable [(115 - 80 hours) x $40] 1,400

    Cr Service revenue 1,400

Since the company has collected only the regular hours provided according to the contract, the remaining hours should be recorded as accounts receivable.

You might be interested in
While a mechanic works on his car, a taxi driver takes Robert to his job as a warehouse laborer. At the end of his shift, he mak
Orlov [11]

They have high school degrees with some or no college experience.

Explanation:

  • The workers in Transportation and Logistics careers usually have high school degrees with some or no college experience.
  • Although they do not need a degree or diploma, they usually have a high school degree.
  • Students in transportation, distribution and logistics learn and practice skills  for various post-high school education and training opportunities.
  • Career and technical education programs provides career oriented hands on learning pathways

7 0
3 years ago
Read 2 more answers
Financial statements with data for two or more successive accounting periods placed in columns side by side, sometimes with chan
RideAnS [48]
The above is referred as Comparative statements. A comparative statement is an archive that contrasts a specific budgetary proclamation and earlier period articulations or with the same monetary report produced by another organization. Examiner and business supervisors utilize the wage explanation, monetary record and income proclamation for relative purposes.
6 0
3 years ago
In response to the increase in demand for organic foods, Wegmans, Inc., a regional supermarket, recently created organic food de
Ghella [55]

Answer:

The correct answer is letter "B": market opportunity.

Explanation:

A market opportunity represents an external factor -typically a problem- that potentially could create a business opportunity for a company. In some cases, the market opportunity pushes firms to innovate in products tailor-made to cover the need in question or to adapt an existing product to that need.

4 0
3 years ago
How many years are required for an investment to double in value if it is appreciating at the rate of 9​% compounded​ continuous
Vesna [10]

Answer:

time required is 7.70 years

Explanation:

given data

interest rate = 9%

solution

we know with the compounded​ continuously rate r and time t amount is

A(t) = A(o) e^{rt}     .................1

and we have given amount is double so

A(t) = 2 A(o)

so from equation 1 put the value and we get here

2 A(o) = A(o) e^{rt}

ln(2) = 0.09 t

solve it we get time

time t = 7.70 years

so time required is 7.70 years

7 0
3 years ago
the toyota production system identified which of the following types of waste to be eliminated? multiple choice product defects.
creativ13 [48]

the Toyota production system identified product defects types of waste to be eliminated.

The manufacturing process used by Toyota Motor Corporation to produce its vehicles is frequently referred to as a "lean manufacturing system" or a "Just-in-Time (JIT) system," and it is now well known and extensively researched.

The Toyota Production System (TPS) was developed based on two ideas: "jidoka" (loosely translated as "automation with a human touch"), whereby when a problem arises, the machinery immediately stops, preventing the production of defective goods; and the "Just-in-Time" idea, whereby each process only produces what is required for the subsequent process in a continuous flow.

For Toyota, jidoka signifies that anytime an irregularity happens, a machine must stop in a safe manner.

Learn more about Toyota Production System, here

brainly.com/question/9734162

#SPJ4

4 0
1 year ago
Other questions:
  • What does the limited liability of the owners of stock in a corporation mean?
    13·1 answer
  • This term refers to the length of a training session:
    13·1 answer
  • A client is visiting the prenatal clinic for the first time. While giving the nursing history the client states that her last me
    9·1 answer
  • The reason the production possibilities curve is bowed outward (concave) is
    7·1 answer
  • A shortage of a natural resource can lead to which phase in the business cycle?
    12·1 answer
  • Regina finds a new car costing $25,000 and a used car costing $17,000. Which car will have higher insurance premiums and why?
    15·1 answer
  • Central Systems desires a weighted average cost of capital of 12.7 percent. The firm has an aftertax cost of debt of 4.8 percent
    13·1 answer
  • An investment offers $6,400 per year for 15 years, with the first payment occurring one year from now. If the required return is
    11·1 answer
  • a. Some entrepreneurs claim that creating a business plan is not necessary for launching a successful business venture. Do you a
    7·1 answer
  • which of the following is a valuable source of supplier information? a. purchasing databases b. previous experience c. purchasin
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!