Kirk's Comic Store has its own mobile app that users can download for free. The app lets users know about special events, discounts, and merchandise currently available in the store
Which of the following forms of marketing is exemplified from this scenario?
A) social media marketing
B) kiosk marketing
C) direct-response television marketing
D) mobile marketing
E) direct-mail marketing
D
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The entry to close the appropriate insurance account at the end of the accounting period is
A) debit Income Summary; credit Prepaid Insurance B) debit Prepaid Insurance; credit Income Summary C) debit Insurance Expense; credit Income Summary D) debit Income Summary; credit Insurance Expense
A(n) ________ is an indorsement that has no instructions or conditions attached to the payment of the funds
A) indorsement in trust B) indorsement for deposit C) nonrestrictive indorsement D) restrictive indorsement
The finance committee submitted ______ annual update to the CEO and all stockholders
A) ?it's B) ?its' C) its
On May 1, Sellers Marketing Company received $1,500 from Franco Marcelli for a marketing campaign effective from May 1 this year to April 30 of the following year. The Cash receipt was recorded as unearned fees and at year-end on December 31, $1,000 of the fees had been earned. Assuming adjustments are only made at year-end, the adjusting entry on December 31 would be:
A. A debit to Fees Earned and a credit to Unearned Fees for $500. B. A debit to Fees Earned and a credit to Cash for $1,000. C. A debit to Unearned Fees and a credit to Cash for $500. D. A debit to Unearned Fees and a credit to Fees Earned for $1,000. E. A debit to Fees Earned and a credit to Cash for $500.