Answer and Explanation:
The Journal entry is shown below:-
On November 2022
Cash Dr, $193,200 (6,900 × $28)
To Unearned Subscription Revenue $193,200
(Being the receipt of the subscriptions is recorded)
Therefore to record the receipt of the subscriptions we simply debited the cash as it increased the assets and we credited the unearned subscription revenues as increased the liability so that the correct posting could be done
Answer:
Option A. It will lower its costs through economies of scale.
Explanation:
The reason is that the sales of both of the companies will increase and cost can be controlled by integration of departments like finance department, distribution department, etc. This will decrease the cost of the product which will be because of higher sales and cost benefits due to integration of department and this higher sales increases the production which reduces the cost. So the option A is correct.
The amount of commission charged to a customer to effect a securities transaction <u>must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction</u>.
A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.
Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.
If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.
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Answer:
The first step is to show where the supply curve will shift, and in this case, the supply curve will shift to the right.
This is because OPEC has decided to increase oil production, or in other words, it has decided to shift the oil supply to the right. After this, the equilibrium price will probably fall, unless demand also rises proportionally.
