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nasty-shy [4]
2 years ago
8

A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?

Business
1 answer:
rusak2 [61]2 years ago
7 0

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

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The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:
ANEK [815]

Answer: D. Increased productivity by using technologically-intensive manufacturing technologies.

Explanation:

Technology has made work easier in many industies. Artificial intelligence has made things much easier, involving lots of robots and reducing human efforts, which tends to make things faster and smarter. People who work in industies of industrialized countries can compete with those of developed world by technology, because both party make use of technology, so the input and output from their industry would be same based on the facilities they use.

5 0
3 years ago
Elin owes Floyd $10,000. Floyd assigns the claim to Gary. Gary does not notify Elin of the assignment. A week later, Floyd assig
dedylja [7]

Answer: priority to payment in states that follow the English rule

Explanation:

From the question, we are told that Elin owes Floyd $10,000 but Floyd assigns the claim to Gary and that Gary does not notify Elin of the assignment.

A week later, Floyd assigns the same claim to Holly. Holly immediately notifies Elin of the assignment. Holly has priority to payment in states that follow the English rule.

Holly has priority claim because Holly has already notified Elin of the task before and therefore has priority to payment in states that follow the English rule.

Option B is correct

6 0
3 years ago
A low credit score can lead too?
oksian1 [2.3K]

Answer:

Dept

you can loose errythang

no loans

Explanation:

3 0
2 years ago
Read 2 more answers
If an occupation is projected to grow by 13% over the next 10 years, how would you rate the job outlook?
Rus_ich [418]
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5 0
3 years ago
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Rick deposited $3,100 into an account 13 years ago for an emergency fund. Today, that account is worth $5,280. What annual rate
trasher [3.6K]

Answer:

4.18%

Explanation:

The formula for used for this calculation is given as

Future value = Present( Initial) value  (1 + r)ⁿ

Where n = number of years of the investment = 13 years

Future value  (Amount of the investment after 13 years)= $5,280

Present ( Initial) value (Amount of the investment before 13 years) =  $3,100

r = rate of return

The formula for r is derived as:

r = (Future value/ Present (initial) value)¹/ⁿ- 1

r = ($5,280/$3,100)¹/¹³ - 1

r = 1.0418139573 - 1

r = 0.0418139573

r is always in percentage format

r = 0.0418139573 × 100

r= 4.18139573%

Approximately, the rate of return annually for 13 years  = 4.18%

8 0
2 years ago
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