Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the following table shows subscription revenue for

The following table shows subscription revenue for three unrelated companies: CompanyIIIIIIBeginning balance in Unearned Subscription...

60.1K

Verified Solution

Question

Accounting

The following table shows subscription revenue for three unrelated companies:

CompanyIIIIIIBeginning balance in Unearned Subscription Revenue$ 2,400$ 3,000$ 4,500Payments received during the year 40,000 25,000?Ending balance in Unearned Subscription Revenue? 4,000 2,000Subscription revenue earned during the year 39,000? 25,000

a. Fill in the missing amounts.

b. Ignoring dollar amounts, what journal entries may have recorded the payments?

image
5. The following table shows subscription revenue for three unrelated companies: a. Fill in the missing amounts. b. Ignoring dollar amounts, what journal entries may have recorded the payments

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Identify THREE (3) characteristics human share with other living organisms. Define differentiation. Which body system is...

Medical Sciences
Q

WHY IS IT IMPORTANT TO HAVE A QUALITY IMPROVEMENT PLAN IN RADIOLOGY

General Management
Q

Brandlin Company of Anaheim, California, sells parts to a foreign customer on December 1, 2017, with...

Accounting
Q

The most common example of lymphatic nodules is typicallythe medulla of the thymusthe cortex of...

Biology
Q

What is the most likely pathway taken by a newly synthesized protein that will be...

Biology
Q

In the following circuit the magnetic energy stored in inductor in steady state is 2N...

Physics
Q

13 In a potentiometer using two cells in series gave a balance length 600cm When...

Physics
Q

A sonometer wire emits a fundamental note of frequency 150 Hz Calculate the frequency of...

Physics
Q

When an account receivable that has been written off...

Accounting
Q

Tot Plastics makes granular plastics for sale to the public and the government. Basic cost...

Accounting
Q

You are a recent graduate with a degree in accounting. Your new employer is unfamiliar...

Accounting
Q

Crest Products expects the following sales of its single product: Required: Crest has an ending...

Accounting