Explanation:
The adjusting entry is as follows
On January 31
Unearned revenue A/c Dr $3,500
To Magazine subscription revenue A/c $3,500
(Being the unearned revenue is recorded)
The computation is shown below:
= Sale value of annual subscriptions ÷ total number of months in a year
= $42,000 ÷ 12 months
= $3,500
Answer:
$9,813.54
Explanation:
The face value of the T-bill is $10,000
Return of 1.9%
P= $10,000/1.019
= $9,813.54
Therefore the price you would expect a 6-month maturity Treasury bill to sell for is
$9,813.54 because The face value of the T-bill is $10,000 and the investors can earn a return of 1.9% per 6 months on a Treasury note with 6 months remaining until maturity leading to increase in the return of 1.9% because 1.9% will give us 0.019 plus increase of 1 which will give us 1.019.
Answer:
In a structural way
Explanation:
the chart is the diagram that shows how the power flows through the company as it indicates the levels of hierarchy within.
Answer:
Present
Explanation:
An outlay cost is a cost incurred at the time when we have to execute the strategy or purchasing an asset. It can be paid to the vendors for purchasing the goods like for inventory. So this cost should be recognized as an expense when they are incurred in order to earn the revenue in the current or present accounting period
