On September 1, 2021, Gold Gaming sold 400 one-year subscriptions to its online gaming website for $90 each. The total amount received was credited to Deferred Revenue. What would be the required adjusting entry at December 31, 2021?

Answers

Answer 1
Answer:

Answer:

Explanation:

The adjusting entry is shown below:

Deferred Subscription Revenue A/c Dr $12,000

            To Subscription revenue A/c $12,000

(Being the deferred subscription amount is adjusted)

The computation is shown below:

= Number of subscriptions sold × sale price each × (number of months ÷ total number of months in a year)

= 400 subscriptions × $90 × (4 months ÷ 12 months)

= $36,000  × (4 months ÷ 12 months)

= $12,000

The four months are reported from the September 1 to December 31


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A _____ orientation explicitly invokes the concept of value such as when a firm uses a no-haggle pricing structure to make the purchase process simpler and easier.

Answers

Answer:

Customer orientation

Explanation:

Customer orientation is described as a strategy to revenues and customer relationships in which employees focus on developing customers encounter their brief-term needs and desires. Here, management and staff align their physical and technical goals with customer satisfaction and retention.

Customer orientation is crucial to the gratification of a customer. Analysis into customer needs and satisfaction can improve your organization's customer orientation.

What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST

Answers

One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily

What is Automation

Automation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.

Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.

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Final answer:

One way that technology can improve the production of goods is through automation. Automation involves the use of machines and technology to perform tasks that were previously done manually by humans. By automating certain processes, goods can be produced more efficiently, quickly, and accurately, leading to increased productivity and reduced costs.

Explanation:

One way that technology can improve the production of goods is through automation. Automation involves the use of machines and technology to perform tasks that were previously done manually by humans. By automating certain processes, goods can be produced more efficiently, quickly, and accurately, leading to increased productivity and reduced costs.

For example, in a manufacturing plant, robots can be programmed to assemble products on an assembly line. This eliminates the need for manual labor and reduces the potential for errors or inconsistencies in the production process. Automation can also allow for continuous production, as machines can work 24/7 without the need for breaks or rest.

In addition, automation can lead to cost savings in the long run. While the initial investment in automation technology may be high, the reduced labor costs and increased efficiency can result in significant savings over time. This can make goods more affordable for consumers and allow companies to remain competitive in the market.

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Betty and john martinez own 220 shares of exxonmobil common stock. exxonmobil's quarterly dividend is $1.76 per share. what is the amount of the dividend check the martinez couple will receive for this quarter?

Answers

The amount they will receive for this quarter is 125

an amount of cash kept on hand and used for making small payments is called a. revenue. b. cash. c. petty cash. d. prepaid interest. e. none of these answers.

Answers

An amount of cash kept on hand and used for making small payments is called petty cash. So, option c. is correct.



Petty cash is a small amount of cash that businesses or organizations maintain for handling minor expenses and transactions. This cash reserve is typically managed by an individual who is responsible for keeping track of the fund and ensuring that it is properly accounted for.

The use of petty cash enables businesses to handle small expenses without the need for more formal payment methods, such as writing a check or using a credit card. Some examples of expenses that might be paid from a petty cash fund include office supplies, postage, or reimbursing an employee for a small out-of-pocket expense.

To maintain a petty cash fund, businesses often use a petty cash voucher system to track expenses and replenishments. When an expense is incurred, the responsible individual will complete a voucher that details the expense and is then attached to the supporting receipt or documentation.

Periodically, the fund will be replenished to its original balance by cashing a check or transferring money from another account, ensuring that the petty cash fund remains available for ongoing use.

In summary, petty cash is a convenient method for handling small expenses within a business or organization, making it an essential financial tool for efficient operations.

So, option c. is correct.

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How many digits does a bank account in bank of america have?

Answers

Answer:

8 - 12 digits

Explanation:

The Bank of America have a 12 digits bank account number and the last digits of the account number is for added security. The next set of number is the account numbers after routing the number. The digits are typically for 8 to 12 digits. It is that number which is particular and it is necessary for all the transactions of the  bank.

Which of the following is an essential part of being an entrepreneur?a. Being friendly
c. Taking risks
b. Having a lot of money
d. Being an expert in your field

Answers

being and expert in your field is essential but being friendly and taking risks can help too!


I would say A.  That's my guess, but I could be wrong.