Answer:
Dr Unearned Fees, $6,120
Cr Fees Earned, $6,120
Explanation:
Based on the information given we were told that the On April 1, the Company received the amount of $24,480 for 36-month subscription in which the company credited Unearned Fees for the amount received therefore the adjusting entry that the company should be record on December 31 of the first year will be:
Dr Unearned Fees, $6,120
Cr Fees Earned, $6,120
Working:
Amount the company received $24,480 ÷Months of Subscription 36 months
*April to December will give us 9 months
Hence,
$24,480/36*9
=$680*9
=$6,1,20
Answer:
B. Selling
Explanation:
Selling involves all activities both personal and impersonal, aimed at finding buyer for a particular product or service. It is also an act of targeting, informing and persuading buyers to buy a product or service.
One of the main purpose of selling is to make profit. For an individual to make profit through sales, he/she must be aggressive in terms of advertising the products either through local papers or coupons and must also employ other sales strategies in order to get consumers to buy the products.
Other purpose of selling is to address the customer's area of needs by making the products suitable to their needs available and also maintain good customer relationship afterwards.
Answer:
Assets
Explanation:
Assets refer to an item of property owned by a person or company which is regarded as value and available to meet commitments, debts etc. So here you can say jaime's laptop computer, speaker system and blu ray player are his assets
Answer:
sales promotion
Explanation:
Sales promotions are used as a short term tactic to increase the sales of a good or service very rapidly, but they are not meant to last. Usually sales promotions offer product or monetary incentives to but the goods or services, e.g. discounts, rebates, coupons, free samples, contests, extra product, etc.
Answer: The correct answers are "A. Accept" and "$ 0.01".
Explanation: Given that we talk about optimal strategy when maximizing the expected profit by the player:
In the first case It is convenient to accept the proposal and keep $ 0.12, instead of rejecting it and running out of nothing.
And in the second case it is convenient to give the classmate as little as possible so that he accepts and we have a greater profit.
