On January 2, Safe Motorcycling Monthly received a check for $72 from a subscriber for a 12-month subscription. The January issue was mailed on January 15 . Prepare the necessary entries for the month of January
Jan. 2 Cash 72
Unearned Subscriptions 72
Jan. 15 or 31 Unearned Subscriptions 6
Subscriptions Revenues 6
The second entry can be made either on January 15 when the issue is mailed or on the 31 with other adjusting entries.
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A business could elect to pursue a large-segment strategy when ________
A) it wants to provide customized products B) a market is segmented and marketing resources are limited C) demographics are not distinctive D) differences in customer needs are small E) it wants to carve out a niche within a segment using a highly refined marketing effort directed at an overlooked group of customers
A prospect that becomes increasingly anxious during a sales presentation is sending a buying signal.
Answer the following statement true (T) or false (F)
The Lagrange multiplier reflects a change in the objective function from a unit change in the right-hand-side value of a constraint
Indicate whether this statement is true or false.
Middlebrook Financial Services, Inc invested $30,000 to acquire 6,250 shares of Mitt Investments, Inc on March 15, 2013
This investment represents less than 20% of the investee's voting stock. On May 7, 2017, Middlebrook Financial Services, Inc sells 2,000 shares for $21,250. Which of the following will be the correct journal entry for the May 1, 2017 transaction? A) Gain on Disposal 21,250 Long-term Investments-Available-for-Sale 21,250 B) Cash 21,250 Gain on Disposal 21,250 C) Cash 21,250 Long-term Investments-Available-for-Sale 9,600 Gain on Disposal 11,650 D) Cash 21,250 Long-term Investments-Available-for-Sale 21,250