1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Klio2033 [76]
3 years ago
14

Marigold Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 96000 subs

criptions in January at $20 each. What entry is made in January to record the sale of the subscriptions
Business
1 answer:
ANEK [815]3 years ago
4 0

Answer:

Dr Cash $1,920,000

Cr Unearned Subscription Revenue $1,920,000

Explanation:

Since The magazine sells 96,000 subscriptions in January at the amount of $20 each which means that the appropriate journal entry that made in January to record the sale of the subscriptions will be

Dr Cash $1,920,000

Cr Unearned Subscription Revenue $1,920,000

(96000*$20)

(To record the sale of the subscriptions)

You might be interested in
The scientific method begins with
Zina [86]

C, The identification of a problem for investigation

7 0
3 years ago
You are considering investing in the stock of PartyWagon, Inc. You expect a dividend of $1.25 next year, $1.31 in year 2, and $1
stich3 [128]

Answer: 29.93%

Explanation:

You can use Excel to solve for this.

Bear in mind that when given a series of cashflows, the expected return is the Internal Rate of Return (IRR).

Initial investment = $32

First cashflow = $1.25

Second cashflow = $1.31

Third cashflow = $1.38 + $65 selling price = $66.38

IRR = 29.93%

6 0
3 years ago
Which statement correctly describes the current state of instant messaging in the workplace? Multiple Choice It is an establishe
vfiekz [6]

Answer:

It is a relatively new, undeveloped form of communication in the workplace, and attitudes toward it vary.

Explanation:

4 0
3 years ago
Rodney Blevins is a vacuum cleaner salesman. He earns a 22 percent commission on every vacuum cleaner he sells. In the month of
lakkis [162]
The commission for the month of December is $2,767.60

Solution:
(1,258*10)= $12,580 we apply the 22% to that result and we obtain $2,767.60
3 0
3 years ago
Many companies are going beyond government regulation and are developing strategies and practices that create a world economy th
xxTIMURxx [149]

Answer:

The correct answer is E) Enviromental Sustainability

Explanation:

Enviromental Sustainability refers to the usage of resources at a rate that does not cause their depletion.

We can think of the planet Earth as the sum of all resources available in the global economy. When a company says that they want to be enviromentally sustainable, what they mean is that they want to make sure that the resources of the earth are not exhausted, because without resources, there is no possible economy or even survival.

7 0
3 years ago
Other questions:
  • U.S. Products operates two divisions with the following sales and expense information for the month of May: North Division: Sale
    7·1 answer
  • Controversy seemed to follow Rivera wherever he went. In 1933, while working on a Man at the Crossroads at Rockefeller in New Yo
    13·1 answer
  • You are considering investing money in Treasury bills and wondering what the real​ risk-free rate of interest is.​ Currently, Tr
    8·1 answer
  • If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates
    14·2 answers
  • How do you think Alden, from Situation 2, found out about Revinate? Given all the online companies that might help your business
    11·1 answer
  • 19. 14 oz of gold equals how much in dollars.
    11·1 answer
  • What type of corporation sells millions of shares and must furnish complete information about its earnings, assets, and debts
    6·1 answer
  • In Denmark, the personal income tax rate is 55 percent. One of the reasons workers are willing to pay this is because they know
    10·1 answer
  • If title to merchandise purchases passes to the buyer when the goods are shipped from the seller, the terms are.
    11·1 answer
  • Arded
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!