Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 27, 2024

If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of UNEARNED SUBSCRIPTION REVENUE by November 30 is: $80,000 tion

image text in transcribed

If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of UNEARNED SUBSCRIPTION REVENUE by November 30 is: $80,000 tion b. $120,000 OC. $40,000 d. $20,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting An Introduction To Concepts Methods And Uses

Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney

2nd Edition

0030452961, 978-0030452963

More Books

Students also viewed these Accounting questions

Question

★★★★★

Tightening Credit Terms Kim Mitchell, the new credit manager of the Vinson Corporation, was alarmed to find that Vinson sells on credit terms of net 90 days while industry-wide credit terms have...

Answered: 1 week ago

Question

★★★★★

In 1988, Peter Gabriel, a well-known musician, joined Amnesty International on its Human Rights Now tour. Over a six week period, Gabriel and some other popular music artists performed at twenty...

Answered: 1 week ago

Question

★★★★★

Is it true that (a) N(t) t? (b) N(t) n if and only if Sn t? (c) N(t) > n if and only if Sn Answered: 1 week ago

Answered: 1 week ago

Question

★★★★★

Robert Curtis had just been hired into his rst academic job as an assistant professor of Classics at Topeka State University. One day in September 2014, not long after Robert had started, the...

Answered: 1 week ago

Question

★★★★★

The following is a listing of tax considerations for John and Jane Alexander, who file jointly and have two children. John's salary $45,000 Jane's salary 50,000 Real estate taxes 4,000 Interest from...

Answered: 1 week ago

Question

★★★★★

si un bono proporciona una tasa de rendimiento real del 2,89% enun momento en que la inflacin es del 3,21%, cul es la tasa derendimiento nominal del bono? 1 answer

Answered: 1 week ago

Question

★★★★★

K Graph y= f(x) = 2x + 4x-8. Give the vertex and intercepts, and state the range. The vertex is . (Simplify your answer. Type an ordered pair.)

Answered: 1 week ago

Question

★★★★★

=1&aicc_sid=57949760hrblock&packageld=com.knowbe4.courses.btb.uuid.5f812ded-eec3-4124-ad51-ba2b3578b41d&qs=%5e%5e%5etUsBO0Qwsi... X...

Answered: 1 week ago

Question

★★★★★

1.2 As an external stakeholder, do you think there is anything that Tiger Brands could have done in minimizing or eliminating the R700 million loss? Justify your response with relevant examples. (20...

Answered: 1 week ago

Question

★★★★★

Alpha Appliances, Inc. Alpha Appliances, Inc. is a major distributor of household appliances. Its customer base consists of local retailers who stock a variety of products including appliances. Alpha...

Answered: 1 week ago

Question

★★★★★

You built a dashboard with several views exploring your product inventory data set. One of the views should display only products that have a quantity below 50. Which type of filter should you use in...

Answered: 1 week ago

Question

★★★★★

2. What is the relationship between compensable factors and job specifications?pg 87

Answered: 1 week ago

Question

★★★★★

Has our compensation committee thoroughly identified its duties and processes?pg 87

Answered: 1 week ago

Question

★★★★★

1. What is the difference between exempt and nonexempt jobs?pg 87

Answered: 1 week ago

Previous Question Next Question