subject
Business, 13.03.2020 04:47 kcnawlay170

Tom Smith is a lawyer who requires that his clients pay him in advance of legal services rendered. Tom routinely credits Service Revenue when his clients pay him in advance. In June Tom collected $15400 in advance fees and completed 60% of the work related to these fees. What adjusting entry is required by Tom's firm at the end of June

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:30, hvbrown28
What are some of the miranda restrictions on questioning someone?
Answers: 1
image
Business, 22.06.2019 09:30, tankddd
Which of these is not a result of regular exercise
Answers: 1
image
Business, 22.06.2019 09:40, nessross1018
Salt corporation's contribution margin ratio is 78% and its fixed monthly expenses are $30,000. assume that the company's sales for may are expected to be $89,000. required: estimate the company's net operating income for may, assuming that the fixed monthly expenses do not change.
Answers: 1
image
Business, 22.06.2019 17:00, PlzNoToxicBan
Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?
Answers: 2
You know the right answer?
Tom Smith is a lawyer who requires that his clients pay him in advance of legal services rendered. T...

Questions in other subjects:

Konu
Mathematics, 11.11.2020 21:50