If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of exporting. When you export an item you are trading an item that wsa produced in one country and bringing it to another country. The person doing this or business, Joe To Go is the exporter in the situation by selling them in India through a local retailer.
Answer:
interest expense 3,654 debit
cash 3,654 credit
Explanation:
For the first 6 month the note will pay 5.80% interest for the subsequent 6 month will pay at 6.70%
We do for the period Jan 2,2017 to June 30,2017
variable LIBOR rate:
126,000 x 5.80% / 2 = 3654
fixed rate of the promissory note:
126,000 x 6.00% / 2 =3,780
difference: 126 in our favor.
We pay the variable rate, not the fixed rate. THerefore, we made the entry for the variable rate
Answer:
(A)
cash 85,000
unearned revenues 85,000
(B)
unearned revenues 40,000
subscroption revenues 40,000
Explanation:
(A)
Unearned revenues are a liability. It increases from the credit, so in this entry, we increased cash by the amount received and also increase unearned revenue for 85,000
WHY ARE LIABILITIES?
The payment made by customer in-advance generates an obligation to the NYT. The journal is forced to deliver their newspaper to these people, it has an obligation, which is certain and quantifiable in dollars, that fits in the definition of liabilities.
(B)
HOW UNEARNED BECOME EARNED?
Once time past AKA newspapers are delivered, the obligation decrease and part of the annual subscription become revenues
I believe it would be c or d
c because theres a lot of number crunching and coding knowledge
d because you need a lot of knowledge of muscle and joints to relieve people
this is the best i can do i apologize
- How to group task into individual jobs
- How to group jobs into functions and divisions
- How to allocate authority and coordinate or integrate functions and divisions.
