If a business has received cash in advance of services performed and credits a liability account, the adjusting entry needed after the services are performed will be: debit Unearned Service Revenue and credit Prepaid Expense. debit Unearned Service Revenue and credit Cash. debit Unearned Service Revenue and credit Service Revenue. debit Unearned Service Revenue and credit Accounts Receivable.

What is the second step in communication planning? determine the purpose of the message outline the communication for delivery determine the best channel of communication clarify objectives identify the audience

Aproject currently generates sales of $14 million, variable costs equal 50% of sales, and fixed costs are $2.8 million. the firm’s tax rate is 40%. assume all sales and expenses are cash items. (a). what are the effects on cash flow, if sales increase from $14 million to $15.4 million? (input the amount as positive value. enter your answer in dollars not in (b) what are the effects on cash flow, if variable costs increase to 60% of sales? (input the amount as positive value. enter your answers in dollars not in millions). cash flow (increase or decrease) by $

It's possible for a debt card transaction to bounce true or false