Answer:
The adjusting entry at the end of January:
Debit Unearned revenue: $480
Credit Revenue: $480
Explanation:
When recceived $600 on January 15 from customer, the company must record:
Debit Cash: $600
Credit Unearned revenue: $600
because all lessons are not provided by the company, the company can't recording revenue.
On January 31, the company provided 8 lessons, so the company must recording revenue for these lesson (8x$60=$480) by adjusting entry.
Investments, Savings, and Expenses are the three basic strategies, which can help a person take better and efficient financial decisions on a personal level.
<h3>What are better financial decisions?</h3>
- The strategies to choose the investments in different assets and debt classes will enable a person to increase his chances of gaining better financial returns.
- The amount of money, a person decides to save for any future requirements will help him out of the financial crises that may take place in his life.
- The strategy on where to spend and where not to spend will help a person have more disposable income to fulfill the financial needs in the future.
Hence, the strategies for taking better financial decisions are as aforementioned.
Learn more about financial decision here:
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Net Present Value is the difference between the present value of cash flows and the initial investment.
Net Present Value = Present Value of cash flows - Initial Investment
The following image shows the Net Present value of the cash flows:
Net Present Value = $122,142 - $120,000
Net Present Value = $2,142
Answer:
planning; marketing plan
Explanation:
The planning phase is the second phase of any activity. It is basically made after analysis of all the problems and opportunities.
Planning phase basically aims at organizing the techniques for achieving the aims. This aims for planning phase to achieve the sales and set targets for gaining maximum performance in marketing. This sets all the strategies and policies for marketing.
