subject
Business, 18.02.2020 22:35 aniyahrhs1213

Match each situation below to two applicable reasons that require an adjustment to be made.

A. Revenue has been earned.
B. Expense has been incurred.
C. Liability has been incurred.
D. Liability has been fulfilled.
E. Asset has been acquired.
F. Asset has been used up

1) Delta Airlines provided flights this month for customers who paid cash last month for tickets
2) GSD+M completed work on an advertising campaign that will be collected next month
3) Abercrombie received a telephone bill for services this month, which must be paid next month
4) The Tiger Woods Foundation used up some of the benefits of its 35,000-square-foot building
5) IBM completed a consulting project for the CDC to simulate the spread of contagious viruses and will be paid next month
6) This month Apple, Inc. redeemed iTunes gift cards that had been issued last month
7) Schutt Sports used up some of the benefits of its football helmet manufacturing equipment
8) Procter & Gamble received a bill for this months advertising services, which it will pay next month___

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 21:30
Asavings account that pays interest every 3 months is said to have a interest period
Answers: 1
question
Business, 22.06.2019 11:20
Aborrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. the first two years of the loan have a "teaser" rate of 4%, after that, the rate can reset with a 5% annual payment cap. on the reset date, the composite rate is 6%. what would the year 3 monthly payment be?
Answers: 3
question
Business, 22.06.2019 22:50
Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility.output for facility 1: output for facility 2: c. determine the profit-maximizing price.$
Answers: 3
question
Business, 22.06.2019 23:40
Gdp has grown in a country at 3% per year for the last 20 years. the labor force has grown at 2% per year and the quantity of physical capital has grown at 4% per year. a 1% increase in average physical capital per worker (other things equal) raises productivity by 0.3%. average education has not changed. how much has growing physical capital per worker contributed to productivity growth in this country? choose the correct answer from the following choices, and then select the submit answer button. answer choices 0.3% 0.6% 3.0% 6.0%
Answers: 1
You know the right answer?
Match each situation below to two applicable reasons that require an adjustment to be made.
Questions
Questions on the website: 13722367