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soldier1979 [14.2K]
2 years ago
5

In January 2020, Livingston Publishing sells three-year subscriptions to its annual publication to 500 customers for $30 each. U

nder the accrual basis of accounting, the entry to record the cash received includes Multiple choice question. A credit to Deferred subscription revenue for $15,000 A credit to Deferred subscription revenue for $5,000 A credit to Subscription revenue for $15,000
Business
1 answer:
Ray Of Light [21]2 years ago
6 0

Answer:

A credit to Deferred subscription revenue for $15,000

Explanation:

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Adjustment error. The accountant for Stringer Services failed to adjust the Supplies account to recognize the amount consumed du
gladu [14]

Answer:

a. unaffected

b. understated

c. overstated

d. overstated

e. overstated

f. unaffected

Explanation:

The journal adjustment entry for supplies consumed should be;

Supplies expense A/C                                            Dr.

     To Supplies  A/C                                    

(Being supplies consumed recorded)

Supplies expense being an expense and supplies being an asset, the omission would lead to understated expenses since the expense has not been recorded and overstated assets since the cost of supplies used was supposed to be reduced from assets balance.

6 0
3 years ago
A common bracket can be purchased in large quantities for $0.67. The company can make the bracket at a variable cost of $0.41 by
Dominik [7]

Answer:

we recommnend to buy this bracket

Explanation:

The computation is shown below:

Given tyhat

Buying cost of the machine = $33,000 = x

x_1 = $0.67

And, x_2 = $0.41

Now the break even point is

X = x ÷ (x_1 - x_2)

= $33,000 ÷ ($0.67 - $0.41)

= 126,923 units

Therefore

Probability  (Demand > Break even point)

= 1 - \phi ($126,923 - 100,000) ÷ 10,000

= 1 - \phi (2.69)

= 0.36%

where

\phi = function of cumulative distribution of N (0,1)

Therefore the probability is that it makes economically the items would be lesser

Thus, we recommnend to buy this bracket

6 0
3 years ago
What strategy was avon pursuing until the mid-2000s? what were the advantages of this strategy? what were the disadvantages?
LenaWriter [7]
Avon used Direct Sales Model Strategy until the mid-2000s. It is a method wherein the business's own employees are in direct contact with buyers as they sell their products. 

The advantages of direct sales model are:
1) strong customer relations
2) coordination with other effective business strategies
3) price and cost control
4) access to more customers

The disadvantages of direct sales model are:
1) more expensive compared to other marketing strategy
2) time consuming during sales calls or talks.
3) can be inconvenient or intrusive to clients or consumers.
8 0
3 years ago
What is management and leadership​
murzikaleks [220]

Answer:

Management consists of controlling a group or a set of entities to accomplish a goal. Leadership refers to an individual's ability to influence, motivate, and enable others to contribute toward organizational success. Influence and inspiration separate leaders from managers, not power and control.

Explanation:

Hope this helps...

8 0
3 years ago
Read 2 more answers
Which command is used to draw visible line form invisible line mode *
KatRina [158]

In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.

Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.

Some of the commands that are used on Microsoft window logo include the following:

  • FORWARD (fd)
  • BACK (bk)
  • HOME
  • RIGHT (rt)
  • Pendup (PU)
  • Pendown (PD)

In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.

Read more on programming language here: brainly.com/question/16901424

6 0
2 years ago
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