Abc catering received $880 cash from a customer for catering services to be provided next month. given the choices below, determine the general journal entry that abc 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.
choices provided below:
unearned catering revenue 880
catering revenue 880
cash 880
accounts receivable 880
cash 880
unearned catering revenue 880
cash 880
catering revenue 880
accounts receivable 880
catering revenue 880

You want to make an investment in a continuously compounding account over a period of two years. what interest rate is required for your investment to double in that time period? round the logarithm value and the answer to the nearest tenth.

Which of the following statements is true regarding the definition of a fund? a fund is a fiscal entity which is designed to provide reporting that demonstrates conformance with finance-related legal and contractual provisions separately from gaap reporting. a fund exists to assist in carrying on activities and attaining objectives where there are no specific rules or restrictions. a fund is an accounting entity which is designed to enable reporting in conformity with gaap without being restricted by legal or contractual provisions. a fund is a mechanism developed to provide accounting for revenues and expenditures that are subject to certain restrictions separate from revenues and expenditures that are not subject to restrictions.

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.