Using the accrual method, the unearned revenue as of December 31 is $12,000.
<h3>What is Unearned revenue?</h3>
Unearned revenue can be defined as the amount a company received from their client for the service they are yet too rendered.
Since the company has received full balance for the services not yet provided. The unearned revenue as of December 31 will be $12,000.
Reason been that the amount that the client paid the company is for a year-long contract, hence the $12,000 represent a prepayment amount for the service the company is yet too rendered to their client
Thus, using the accrual method, the unearned revenue as of December 31 is $12,000.
Learn more about unearned revenue here:
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I don't know if i understand but i believe your answer is (D)V
If 3b - 4 = 2, then 3b = 6, or b = 2. If b = 2, then 2a + 3(2) = 12 2a + 6 = 12 2a = 6 and then a = 3.
0.53
0.65
2/3
5
hope that helped
Answer:
C.) Used cars can have lower initial cost
Explanation:
It's not a risk, as this is actually a benefit.
Most used cars are sold cheaper due to the fact that they will have shorter lifespans, may need repairs sooner, or just generally will not run as well. Because of this, the only thing that is NOT a risk is C.)
