AM Ted Catering received $ 1.300 cash in advance from a customer for catering services to be provided in three months . Determine the general journal entry that Ted Catering will make to record the cash receipt . Assume the company's policy is to initially record prepaid and unearned items in balance sheet accounts . Choice 1,300 Unearned Catering Revenue Catering Revenue 1,300 Catering Revenue 1,300 Accounts Receivable 1,300 Catering Revenue

Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?