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denis-greek [22]
3 years ago
12

The balance in the unearned fees account, before adjustment at the end of the year, is $14,530. Journalize the adjusting entry r

equired if the amount of unearned fees at the end of the year is $7,480. If an amount box does not require an entry, leave it blank. fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
Business
1 answer:
yanalaym [24]3 years ago
7 0

Answer and Explanation:

The adjusting journal entry is given below;

Unearned fee revenue $7,050 ($14,530 - $7,480)

           To Fee revenue  $7,050

(Being the fees revenue is recorded)

here the unearned fees revenue is debited as it decreased the liabilities and credited the fees revenue as it increased the revenue

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What is the IRR for a project that costs $100,000 and provides annual cash inflows of $30,000 for 6 years starting one year from
Juliette [100K]

Answer:

19.91 %

Explanation:

The Internal Rate of Return (IRR) is the Interest rate that will make the present values of cashflows equal to the price of the Initial investment.

<u>Calculation of IRR of Project A using a Financial Calculator : </u>

($100,000) CFj

$30,000         Cfj

$30,000         Cfj

$30,000         Cfj

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Shift IRR/YR 19.9054 or 19.91 %

6 0
3 years ago
Which countries signed in the North American Free Trade Agreement in 1992?
TEA [102]

The correct answer is Canada, the United States, and Mexico

Explanation:

The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.

4 0
3 years ago
In which situation may completion of an approved refresher course or 120 hours of continuing education most likely be required
mel-nik [20]

A practicing nurse who allowed her license to lapse about 7 years ago because of family raising may be required to complete an approved refresher course or 120 hours of continuing education.

A nurse can opt to let their medical license lapse if they want to raise a family since they need to give a full attention.

  • However, the nurse can obtain new license by completing an approved refresher course or 120 hours of continuing education.

Read more about this here

<em>brainly.com/question/4666914</em>

6 0
3 years ago
Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are cre
avanturin [10]

Cash balance plan is a retirement plan where workers are credited with a part of their pay annually and a predetermined rate of interest.

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A defined-benefit pension plan with a lifetime annuity option is referred to as a "cash balance pension plan."

<h3><u>What are some features of Cash balance plans?</u></h3>
  • Based on defined-benefit needs, the financing caps, funding requirements, and investment risk are established.
  • Like a defined-contribution plan, this type of plan is managed on an individual account basis.
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You can learn more about defined pension plans work using the following link:

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6 0
2 years ago
Alexandra owns stock in a corporation, and she just received 100 additional shares of stock as part of the corporation’s distrib
Marina CMI [18]

Answer:

The correct answer is A

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7 0
3 years ago
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