BoTeck is a full-service technology company. It provides equipment, installation services, and training services. Customers can purchase any product or service separately or as a bundled package. On May 3, Box-Rite Corporation purchased computer equipment, installation, and training for a total cost of $120,000. Estimated stand-alone fair values of the equipment, installation, and training are
$75,000, $50,000, and $25,000 respectively. The journal entry to record the sale and installation on May 3 will include
A) credit to Service Revenue of $50,000.
B) credit to Sales Revenue for $120,000.
C) credit to Unearned Service Revenue of $20,000.
D) debit to Unearned Service Revenue of $25,000.
C
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The study of ______, or body language, includes a consideration of gestures, body movements, facial expressions, eye behavior, and posture.
Fill in the blank(s) with the appropriate word(s).
Focus groups have become one of the major marketing research tools for getting insight into consumer thoughts and feelings. However, a researcher relying solely on focus groups would likely be most concerned about which of the following?
A) finding a convenience sample B) generalizing the results to the rest of the population C) administering the questions D) orchestrating cooperation among participants E) generating qualitative data
When are videos and podcasts considered to be MPR?
A) when they contain no relevant information B) when they contain obvious sales pitches C) when they do not look like commercials D) when consumers have to watch an ad before downloading them E) when they do not lead to increased brand awareness.
An adjusting entry can never be an asset exchange transaction.
Answer the following statement true (T) or false (F)