Answer:
Explanation: Journal Entries
Debit: Cash. $19.7m
Credit: Unearned Revenue $19.7m
Being sales of gift card for the month of December.
Debit: Unearned Revenue. $12.7m
Credit: Sales. $12.7m
Being actual gift card redeemed for the month if December.
Unearned Revenue a/c has a credit bal of $7m as unredeemed gift card. Its a liability to the company as they have the money but the cards are yet to be redeemed.
Finish to start dependency- This is the most common type of dependency in project management as well as real life.
Define the markets, people, and environments you are addressing
Answer: If the United States eliminates its import quotas on Costa Rican sugar, <em><u>consumer surplus for American consumers of sugar products will rise.</u></em>
Here, the United States has finally decided to eliminates its import quotas on Costa Rican sugar. This will further allow the producer in Costa Rica to export more quantity of this commodity.
Answer:
Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.
Explanation:
The U.S. federal income tax rules for depreciating assets is the modified accelerated cost recovery system (MACRS). It is the current system allowed in the nation of the United States for tax computation deductions on account of depreciation for depreciable assets (other than intangible assets).
Therefore, the modified accelerated cost recovery system (MACRS): is included in the U.S. federal income tax rule for depreciating assets.
