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Nataly [62]
3 years ago
8

50k in 2018 what is it?

Business
1 answer:
soldi70 [24.7K]3 years ago
5 0

Answer:

It means that 50,000 dollars was made in 2018

Explanation:

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To improve its standard of living, a nation’s economy must _____.
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A.grow through innovation

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A stores new environmental policy (PLS HELP ASAP)
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2 years ago
On May 1, 2021, Meta Computer, Inc., enters into a contract to sell 4,100 units of Comfort Office Keyboard to one of its clients
Harrizon [31]

Answer:

Journal Entry

Explanation:

1. There are two obligations in this contract

a. keyboard

b. Customer option for future discount

2. Cash Dr,                                                     $69,700

        To Deferred revenue - keyboard                $66,215

        To Deferred revenue - discount coupon    $3,485

(Being cash is recorded)

Working note:-

Keyboards = 4,100 × $19

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Option = $41,000 × (0.25 - 0.05) × 0.50

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Allocation

For keyboard

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= 0.95

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= 0.05

Deferred revenue - discount coupon = $69,700 × 0.05

= $3,485

3. Cash Dr,                                                  $69,700

       To Deferred revenue Keyboard               $69,700

(Being cash is recorded)

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