Mallon University operates three 10-week semesters, beginning September 1, December 1, and March 1. For financial reporting purposes, Mallon reports on a calendar-year basis. The school's policy is that for every tuition dollar received, 50 percent is recognized as revenue one month into the semester, 25 percent is recognized after two months, and the last 25 percent is recognized at the end of the semester. Mallon receives $150,000 in cash for each semester, with full payment received on the first day of each semester. The journal entry for Year 1 will include which of the following debits and credits? A. Debit to cash of $225,000.
B. Credit to deferred revenue of $150,000.
C. Credit to revenue of $225,000.
D. Debit to deferred revenue of $75,000.

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer