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
irina [24]
3 years ago
13

Cassini Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. Duri

ng November 2022, Cassini sells 6,300 subscriptions for cash, beginning with the December issue. Cassini prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end.Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Debit Nov. SHOW LIST OF ACCOUNTS LINK TO TEXT Prepare the adjusting entry at December 31, 2017, to record subscription revenue in December 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Credit Debit Dec. 31
Business
1 answer:
Roman55 [17]3 years ago
5 0

Answer:

                             Cassini Company Ltd

Date          Account Titles and Explanation      Debit         Credit

Nov 2017   Cash (6,300*$28)                           $176,400

                         Unearned subscription revenue                $176,400

                    (To record the receipts of subscription)

Dec 2017    Unearned subscription revenue    $14,700

                          Subscription revenue ($176,400*1/12)       $14,700

                    (To record the revenue earned)

               

March '18    Unearned subscription revenue     $44,100

                            Subscription revenue ($176,400*3/12)      $44,100

                    (To record the revenue earned)

You might be interested in
What is a major plan that organizes several other plans?
Eva8 [605]
I think it’s D I’m not sure
5 0
3 years ago
How can a firm increase the life of a product without involving product changes? a. reintroduction b. product extension c. new p
Vitek1552 [10]

When a firm is experiencing lesser profit it can come up with different strategy to improve its present product rather than developing new product because improving present product involves lesser cost therefore more profit. The answer is B. Product Extension and C. New product placement.

Reintroduction is one way, it is launching the product using more creative sales and marketing strategy. It can target a new market segment, provide more information about the product and use more appealing advertisements. The product’s packaging can also be changed to make it look more attractive and fresh.

Product extension can be use as it is targeting a new market. It can involve exporting the products. This strategy may be costly but when successful will level up your product’s quality as it passed exporting quality. It is changing the market NOT the product.

New product Placement is a strategy where in the products are advertised by placing it in media. The products are shown for example in movies, the character uses the products that way it can give awareness to the viewers how the products can be used and also the brand and name of the products are advertised without direct reference to the product. It doesn’t involve changing the product’s feature only the product placement is changed to a new one.

<span>Rebranding can also be used. It is introducing your product with a new name, changing the product’s name not only its packaging but the total appearance. It gives the product a whole new image to target new image audience or expand its audience.</span>

3 0
3 years ago
Jan Throng invested $39,000 in the Invesco Charter mutual fund. The fund charges a commission (load) of 4.5 percent when shares
Karolina [17]

Answer:

amount of commission (load) Jan must pay is $1755

Explanation:

given data

investment  = $39,000

charges commission (load)  = 4.5 percent

to find out

Calculate the amount of commission (load) Jan must pay

solution

we get amount of commission will be here as

amount of commission = investment × charges commission %   ......................1

put here value we will get

amount of commission = $39000 ×  4.5%

amount of commission = $39000 ×  0.045

amount of commission = $1755

so amount of commission (load) Jan must pay is $1755

5 0
3 years ago
What is the best sequence for creating business organization?
Mariana [72]

Answer:

Know and be able to differentiate among the four types of organizational structure.

Understand why a change in structure may be needed.

4 0
3 years ago
Read 2 more answers
Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if
satela [25.4K]
This is going to based on the job you are working for, so for instance, if you are working for a doctors office (or you are an on call doctor) you would want to make sure that you leave an emergency contact number for the people calling.
Other jobs it would always be good to leave an alternate number to contact someone when you are out of the office, or just to reach someone to get information or finalize a deal. 

You will always want to make sure you leave your name. 

Hello, you have reached _____. I am unfortunately not able to come to the phone right now, or I am currently out of the office. Please feel free to contact me via email at [email protected]__.com or at this number if it is an emergency ___-___-____. I will be sure to give you a call back as soon as possible. 

Thank you for calling.

I would recommend writing it down so you know what you are going to say. Practice it some, and smile when you are saying it so you have that pleasant tone.<span />
7 0
3 years ago
Other questions:
  • A company received an order from a customer in June for services to be provided. Those services were provided in July, and the c
    6·1 answer
  • Kwan wants to open a new business in his own country, Singapore. He has decided on a form of licensing that will provide him wit
    8·1 answer
  • Olympia Autos Inc. merged with its competitor Vaca Autos Inc. This allowed Olympia Autos to use its technological competencies a
    6·1 answer
  • Which is an example of something that is inelastic?
    6·1 answer
  • When the real exchange rate decreases, a country's net exports will __________?
    8·1 answer
  • Freshmart, Inc., began the year with 250 units of inventory at a cost of $55 per unit using variable costing, produced 1,000 uni
    11·1 answer
  • What refers to marketing via the Internet using company websites, online advertising and promotions, email marketing, online vid
    14·1 answer
  • Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at W
    7·1 answer
  • Hey I was wondering if someone could make a study guide for my 7th grade final (I finished most of it.) I'll give lots of points
    10·2 answers
  • if a 35 percent increase in price of golf balls led to an 42 percent decrease in quantity demanded, then the demand for golf bal
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!