The answer to this question is:
<span> Which sentence describes a contract comprehensively?
</span>✔️D-"A contract includes an offer, acceptance, consideration, and a legal purpose."
Hoped This Helped, <span>
Elizabethstewa
Your Welcome :) </span>
Carson company sells sporting tickets in advance of the event for $500,000. The journal entry to record and the sale transaction would include cash and credit unearned.
Account Debit Credit
Cash $500,000
Credit Unearned Ticket Revenue $500,000
Unearned revenue or credit is money received by an individual or company for a service or product that has yet to be provided or delivered. This includes the thought of as a prepayment for goods or services that a person or company is expected to supply to the purchaser at a later date.
Hence, Carson company sells sporting tickets where the debit cash $500,000 and credit unearned ticket revenue is $500,000
To learn more about Unearned revenue here:
brainly.com/question/14952769
#SPJ4
Based on the given scenario above, the correct answer for this would be option A. So based on Jessica's situation, the condition that the scenario describes would be UNLIMITED PERSONAL LIABILITY. Unlimited liability<span> refers to the legal obligations that one must assume. Hope this is the answer that you are looking for. </span>
You look about the words written on it and the picture with a lot of meaning
Julius and Rachel have formed a valid contract because Rachel's outward expression showed the formation of a contract. A valid contract is an expressed agreement between two parties to produce a product or service. The essential elements of a valid contract are: an offer, an acceptance, an intention to create a legal relationship and a consideration, usually in form of money.<span />