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yulyashka [42]
2 years ago
9

Question 18 of 20

Business
1 answer:
Ann [662]2 years ago
7 0

Answer: C

Explanation:

Corporation’s make individual shareholders accountable for all debts

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Following are the solution to this question:

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Please find the complete question and its solution in the attached file.  

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7 0
11 months ago
In the context of purchasing systems involved in the traditional transaction processing systems, when a(n) _____ arrives from a
Degger [83]

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Product

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3 years ago
Pharoah Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. Duri
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Answer and Explanation:

The Journal entry is shown below:-

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(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

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3 years ago
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