Solutions Services sells service plans for commercial computer maintenance. The price for each plan is $1,350 per year, paid in advance. On October 1, 2018, a service plan was sold to a new customer for cash, and the plan covers the period October 1, 2018 to September 30, 2019. Adjusting entries are made on December 31 of each year. Prepare the journal entry for September 30, 2019. Round to two decimal places. Omit explanation.
What will be an ideal response?
Business
You might also like to view...
______ is continual improvement that takes place within the existing technology cycle.
a. Strategic change b. Discontinuous change c. Technological change d. Incremental change
Business
What is a true statement about dialogue?
A. can’t be used during conflict B. focuses on the gathering and processing of information C. product of an I-Thou relationship D. all of these
Business
The lettuce, tomatoes, patty, bun, and ketchup are included in which category of making a hamburger?
A. Process B. Output C. Input D. All of these
Business
Open bidding offers the advantage of herd effects
Indicate whether the statement is true or false
Business