Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits "Cash" for $600 and credits "Unearned Subscription Revenue" for $600. As of January 31, the company has provided one month of magazines and has earned one month of revenue. What adjusting entry is
necessary at January 31?
A) Unearned Subscription Revenue 600Subscription Revenue 600
B) Subscription Revenue 100Unearned Subscription Revenue 100
C) Unearned Subscription Revenue 100Subscription Revenue 100
D) Subscription Revenue 600Unearned Subscription Revenue 600
C
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A shopping bot is a private electronic network that links a company with its suppliers and customers
Indicate whether the statement is true or false a. True b. False
In the network computation process what is a forward pass and what three things does it determine?
Fill in the blank(s) with the appropriate word(s).
TellTrue Corporation has preferred stock which paid an annual dividend in 2009 of $5 per share
TellTrue also has common stock which paid a dividend in 2009 of $5. Which of the following statements is MOST correct concerning TellTrue stock? A) If the required return on the preferred stock is the same as the required return on the common stock, then the price of preferred stock should equal the price of the common stock if markets are efficient. B) The price of the preferred stock is expected to be higher than the price of the common stock because the required return on preferred stock is higher than the required return on common stock. C) The price of the common stock could be higher than the price of the preferred stock if the common stock dividends are expected to grow in the future. D) The price of the preferred stock should equal the price of the common stock since the dividends are the same.
Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the number of units shipped from Chattanooga to Newark is ______.
a. 527
b. 200
c. 243
d. 433