Answer:
Credit to Unearned Revenue for $60,000.
Explanation:
Journal Entry of $60,000 for 6-months services in advance ia as follow:
Dr. Cr.
Cash $60,000
Unearned Revenue $60,000
Services are not performed by GreenLawn Co. so the amount received will be considered as a liability and It will be named as unearned revenue. Cash received will be debited to the cash account. After the performance of service of each month the revenue will be recognized and transferred from unearned revenue account to service revenue account.
By processing their milk supply by themselves and cutting out middlemen, by pooling their resources and working together, the members of Swaayam Ksheer have been able to generate more purchasing power and grow their operations and have been able to double their profits.
Answer:
leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion is a form of marketing in which a good or service is promoted using a firms' social network,
For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good
Answer:
Freya needs to expense costs for Patent A34 and capitalize costs for Patent B19.
Explanation:
Based on the scenario being described it can be said that Freya needs to expense costs for Patent A34 and capitalize costs for Patent B19. That is because a successful defense of a patent needs to be capitalized and amortized since you can now monetize and recover the costs incurred as well as make a profit off of the patent. On the other hand, unsuccessful defense of a patent needs to be expensed as incurred since that patent cannot be used to make money and recover costs.
Answer:
A, A , D then 1 is C, 2 is A, 3 is B, 4 is D
Explanation:
here is your answer.
