On December 31st Griffen Publishing Company should debit Unearned Fees, - $1,161 and credit Fees Earned $1,161.
To solve for the first year = (total amount received/number of months) x accrued number of months
($1,546/36 months) x 9 months = $387
$387 dollars was earned the first year from the subscription.
To solve for the second year, subtract the total amount of $1,546 by the first years total of $387 and the amount that is left is from year two.
($1,546 - $387) = $1,546
As purchaser's operator, you would instruct them to modify the first contact. A buy contract can just have one counter joined, the purchaser can't pull back a counter, and no one but vendors can pull back the counter. They should sign another agreement comprehending what terms are worthy.
The selection of the best answer from the choices provided for an insurance premium offered by the AA Auto Insurance is <em>a. $50. 04</em>.
Insurance coverage is a service offered by an insurer (insurance company) to the insured. If the assured suffers some financial losses., the insurer reinstates the assured to their financial position before the event. For rendering the service, the insurance company collects from the insured some amount, monthly, quarterly, or annual charges called a premium.
Thus, based on the options given, the best insurance premium is <em>a. $50.04.</em>
Learn more about calculating the monthly insurance premium here: brainly.com/question/25280754 and brainly.com/question/19655618
Answer:
Option B (150) is the correct answer.
Explanation:
Given:
Nominal GDP,
= $900
Money velocity,
= 6
As we know,
⇒ 
By putting the vales, we get
⇒
⇒ 
⇒ 
Answer:
Interest= $90
Explanation:
Giving the following information:
Initial investment= $3,000
i= 3%
Number of periods= 1
<u>First, we need to calculate the future value, using the following formula:</u>
FV= PV*(1+i)^n
FV= 3,000*1.03= $3,090
<u>Now, the interest earned:</u>
Interest= 3,090 - 3,000
Interest= $90