Business

Business, 18.09.2019 17:20, apowers1760

On may 1, sellers marketing company received $1,500 from franco marcelli for a marketing campaign effective from may 1 this year to april 30 of the following year. the cash receipt was recorded as unearned fees and at year-end on december 31, $1,000 of the fees had been earned. the adjusting entry on december 31 would be:

answer

Answers: 3

Show answers

Similar questions

Предмет

Business, 01.07.2019 17:20, Joxx29

On may 1, sellers marketing company received $1,500 from franco marcelli for a marketing campaign effective from may 1 this year to april 30 of the following year. the cash receipt was recorded as unearned fees and at year-end on december 31, $1,000 of the fees had been earned. the adjusting entry on december 31 would be:

Answers: 3

Предмет

Mathematics, 23.10.2019 00:00, BreadOfTheBear

On may 1, sellers marketing company received $1,500 from franco marcelli for a marketing campaign effective from may 1 this year to april 30 of the following year. the cash receipt was recorded as unearned fees and at year-end on december 31, $1,000 of the fees had been earned. assuming adjustments are only made at year-end, the adjusting entry on december 31 would be: a) a debit to fees earned and a credit to cash for $1,000. b) a debit to fees earned and a credit to cash for $500. c) a debit to unearned fees and a credit to cash for $500. d) a debit to fees earned and a credit to unearned fees for $500. e) a debit to unearned fees and a credit to fees earned for $1,000.

Answers: 1

Предмет

Business, 05.11.2019 00:31, heavenwagner

On may 1, sellers marketing company received $1,500 from franco marcelli for a marketing campaign effective from may 1 this year to april 30 of the following year. the cash receipt was recorded as unearned fees and at year-end on december 31, $1,000 of the fees had been earned. assuming adjustments are only made at year-end, the adjusting entry on december 31 would be: a. a debit to fees earned and a credit to cash for $1,000. b. a debit to fees earned and a credit to cash for $500. c. a debit to unearned fees and a credit to cash for $500. d. a debit to fees earned and a credit to unearned fees for $500. e. a debit to unearned fees and a credit to fees earned for $1,000.

Answers: 3

Do you know the correct answer?

On may 1, sellers marketing company received $1,500 from franco marcelli for a marketing campaign ef...

Questions in other subjects:

Konu

Biology, 08.04.2021 19:00

Explain the meaning behind "all or nothing” when referred to action potential:...

Konu

Chemistry, 08.04.2021 19:00

Zinc oxide reacts with aluminum to produce Zinc and Aluminum Oxide. Write the balanced equation for this reaction PLEASE HELPPP...

Konu

Mathematics, 08.04.2021 19:00

What is the m∠EBC if m∠FCB=76°?...

Konu

History, 08.04.2021 19:00

Which president had the most impact on the new nation? Why? Which president had the most lasting impact on the US? Why? Georgia Washington John adams Thom...

Konu

Mathematics, 08.04.2021 19:00

Please help me with this homework ...

Konu

Biology, 08.04.2021 19:00

Looking at the experimental data below, I want to expand on my experiment to test whether there is a difference in preference based on the age of the participant. Explain how I cou...

Konu

Mathematics, 08.04.2021 19:00

George bought a model of a Viking ship for $68. If he paid $5.10 in sales tax, what was the sales tax rate?...

Konu

History, 08.04.2021 19:00

If there are 5,200 registered voters are randomly sampled, which statements are true of a sample of 30 voters? Check all that apply. The sample size is too small and will show a...

Konu

English, 08.04.2021 19:00

Starr felt bad about judging Khalil after she found out the real reason he sold drugs, which was because......

Konu

Chemistry, 08.04.2021 19:00

Compound A (C9H12) absorbed 3 equivalents of H2 on catalytic reduction over a palladium catalyst to give hydrocarbon B (C9H18). Upon ozonolysis, compound A gave, among other things...

Other tasks in the category: Business More task