subject
Business, 10.04.2020 21:14 ayri9893

Included in Crane’s December 31 trial balance is unearned revenue of $15,200. Management reviewed the company’s progress on the underlying contracts and determined that $7,400 of revenue should be recognized. Prepare Crane’s December 31 adjusting entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 01:00
You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600
Answers: 2
question
Business, 22.06.2019 01:40
Select the word from the list that best fits the definition sometimes
Answers: 2
question
Business, 22.06.2019 01:50
Which value describes the desire to be one’s own boss? a. autonomy b. status c. security d. entrepreneurship
Answers: 2
question
Business, 22.06.2019 06:00
Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)
Answers: 1
You know the right answer?
Included in Crane’s December 31 trial balance is unearned revenue of $15,200. Management reviewed th...
Questions
question
Mathematics, 11.09.2020 14:01
question
History, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Physics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
History, 11.09.2020 14:01
question
History, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
History, 11.09.2020 14:01
question
English, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
English, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Mathematics, 11.09.2020 14:01
question
Computers and Technology, 11.09.2020 14:01
Questions on the website: 13722361