All the answer choices best applies to the given question the time of execution the time of receipt the time of cancellation solicited or unsolicited
Explanation:
If the trade has been cancelled there are many steps that are needed to be considered an the steps the follow are the time at which the ticket was executed
The time of receipt that is the time at which the receipt was issued must also be considered the cancellation of the ticket is also much required because it indicates the reason on which the ticket was cancelled
Finally it must be checked for solicitation weather it was on the day or not that is it must be checked for clarification
Answer:
Ellen services is included in U.S. GDP
Explanation:
Domestic work that is not paid is not included in the calculation of a country's GDP. That's the case with Sam household works.
All the compensation to employees are considered in GPD computation, it is not important the nationality of the employee, but the work must be done in the U.S. and that's the case with Ellen.
b. False
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