On october 1, 2019, paige turner publishing received $60,600 in cash for subscriptions covering one year, recording the entry as a debit to cash and a credit to unearned subscriptions. the correct adjusting entry at december 31, 2019, is

-debit unearned subscriptions $5,050; credit subscriptions income $5,050.

-debit unearned subscriptions $15,150; credit subscriptions income $15,150.

-debit unearned subscriptions $60,600; credit subscriptions income $60,600

-debit subscriptions income $15,150; credit unearned subscriptions $15,150.

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u. s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.