A type of persuasive letter in which a company reminds certain customers that they have not paid their bills is known as a(n) ________.
Fill in the blank(s) with the appropriate word(s).
collection letter
A type of persuasive letter is the collection letter in which a company reminds certain customers that they have not paid their bills. The goal is to get customers to pay without losing their goodwill.
You might also like to view...
On what do magazines primarily base their advertising rates?
A. circulation B. format C. content D. size E. target audience
Organizational dimensions, the outer layer of the diversity wheel, include all of the following except
A. management status. B. union affiliation. C. seniority. D. work location. E. ethnicity.
When using the direct method, how is the purchase of equipment for cash shown on the statement of cash flows?
a. Operating activity b. Investing activity c. Financing activity d. Noncash investing and financing activity
Richards Company, a calendar-year company, sells magazine subscriptions to subscribers. The magazine is published semiannually and is shipped to subscribers on April 1 . and October 15 . Only one-year subscriptions for two issues are accepted. Subscriptions received after the March 31 and September 30 cutoff dates are held for the following publication. Cash is received evenly during the year and
is credited to deferred subscription revenue. During 2013 . $3,600,000 of cash was received from customers. The beginning balance for 2013 of the deferred subscription revenue account was $750,000 . What is Richards' December 31 . 2013 . deferred subscription revenue balance? a. $2,700,000. b. $1,800,000. c. $1,650,000. d. $900,000.