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Answer. No one rated this answer yet — why not be the first? 😎. MichaelAnsara. report flag outlined. Final answer: Under the accrual accounting method, …PV = $12,000 * (1 - (1 + 0.13)^(-5)) / 0.13 Solving this equation, we find that the present value of the annuity is approximately $38,867.07. ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31.On October 1, a client pays a company the full $12,000 balance of a year long contract. Using the Accrual method, what's the unearned revenue as of December31? 1 Approved …On October 1, a client pays a company the full $12,000 balnace of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31? a. $0 b. $1,000 c. $5,000 d. $9,000 e. $12,000On October 1, a client pays a company the full $12,000 balance of a year long contract. Using the Accrual method, what’s the unearned revenue as of December31?...Answer & Explanation. The accrual method is an accounting technique where revenue and expenses are recorded when they are earned or incurred, regardless of when the cash is …Click here 👆 to get an answer to your question ️ Q5- At the end of each year, ABC Company pays 12,000 rent for a machine under as year lease agreement. ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31.A recently published report has found late paying clients owe $50,000 or more to nearly 60% of freelance workers. A recently published report has found late paying clients owe $50,...July 2. Paid php. 15,000 cash for the rent of office space for the month. July 4. Purchased php. 12,000 of additional equipment on credit (due within 30 days). July 8. Completed awork for a client and immediately collected the php. 32,000 cash. July 10. Completed work for a client and sent a bill for php. 27,000 to be paid within 30 days. July 12.Alejandro Consulting paid $2500 cash for a 5-month insurance policy that begins on March 1. Determine the general journal entry to record the cash payment. Prepaid Insurance 2500 debit; Cash 2500 credit. Sharp Services provided $800 of consulting work and $100 of design work to the same client.As part of this agreement, Universe agrees to pay $4,000 to the customer to compensate the customer for up-front processing costs. A ... $12,000 A: $45,000 B: $8,000 A: $45,000 B: $12,000 None of the above. What is the transaction price for the following scenario: Scenario A: Tula Inc. sells $20,000 of ... The Zonyo Company on October 1, ...On October 1, the client pays the company the balance of $12,000 for the full year's contract. What is the unearned revenue as of December 31 using the accrual method? Find answers to your questions and analyze the negative impact of unemployment on the individual's psychology.Reducto Co. pays a weekly payroll of $95,000 that includes federal taxes withheld of $12,000 FICA taxes withheld of $7,250, ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31.May 11, 2022 · Note that in this scenario, revenues and expenses should be recognized in the same period. So, By the use of accrual method, the unearned revenue as of December 31 1 is $ 12,000. On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31. Oct 12, 2021 ... ... 1, 2019. So we're going to write the month ... paid. So worth 250, 000. The Transactions ... Oct 13, 2021󰞋󱟠. 󰟝. Problem 2 Answer (Topic No. 3 ...Expert-Verified Answer. question. No one rated this answer yet — why not be the first? 😎. AdvikaC78. As of December 31, the company has earned $3,000 of the …Click here 👆 to get an answer to your question ️ Focus corp. pays $12,000 for 2 years of rent. what is the journal entry to record this transaction?' ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31. 1.On October 1, a client pays a company the full ,000 balance of a … 2.Solved On October 1, a client pays a company the full | Chegg.com; 3.On October 1, a client pays a company the full ,000 … – Brainly.com; 4.on october 1 a client pays a company the full 12000 balance of a … 5.Ch. 3: Examples of Transactions Flashcards – Quizlet Find an answer to your question If Houston Company billed a client for $12,000 of consulting work completed, ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's …October 1: Stockholders invest $100,000 cash in an advertising venture to be known as Pioneer Advertising Inc. October 1: Pioneer purchases office equipment costing $50,000 by signing a 3-month, 12%, $50,000 note payable. October 2: Pioneer receives a $12,000 cash advance from R. Knox, a client, for advertising services that are expected to be …Barney decides to quit his job as a corporate accountant, which pays $12,000 a month, and goes into business for himself as a certified public accountant. ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31.on october 1, a client pays a company the fFind an answer to your question On September 1, On October 1, a client pays a company the full $12,000 balnace of a year-long contract. Using the accrual method, what's the unearned revenue as of December 31? a. $0 b. … A Client Pays A Company The Full 12000. Mei 28, 2023 0 Commen If Maeryn pays $1,200 tax on $12,000 worth of income, what is the tax rate? a) 0% b) 5% c) 10% d) 50% e) 100%. loading. plus. Add answer +10 pts. loading. Ask AI. loading. report flag outlined. ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned revenue as of ... July 2. Paid php. 15,000 cash for the rent of office spac

Accounting. Accounting questions and answers. On July 1, 2022, Damen Jurado Company pays $12,000 to its insurance company for a 2-year insurance policy Prepare the necessary journal entries for … Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer, P. Moore. It uses the direct write-off method to record this loss as of October 1. On October 30, P. Moore unexpectedly pays his account in full to Solstice Company. Record Solstice’s entries for recovery of this bad debt. Common Stock = $315,100. Paid-In Capital in Excess of Par =$34,400. Retained Earnings = $164,750. Treasury Stock =$20,300. Solution. Answered 5 months ago. Step 1. 1 of 2. The total stockholders' equity is equal to the amount of common stock, plus the paid-in capital in excess of par and retained earnings; if there is treasury stock, we deduct ...Help them pay you. If a client won’t pay, maybe give them a gentle reminder, a reason to pay you. Detail what you have provided, check there are no issues with the invoice, and make sure they are satisfied with what has been delivered. Check your contract. Make sure your payment terms are clear, simple, and protect you.New Jersey Mutual has offered you a single premium annuity that will pay you $12,000 per year (end of year) for the next 15 years. If you must pay $109,296 today for this annuity, what is your expected ... On October 1, a client pays a company the full $12,000 balance of a year-long contract. Using the accrual method, what's the unearned ...

When you build a spec home, you'll have to work with a mortgage lender. If you're a builder building a custom home for a client, that client will get a mortgage loan to pay you whi...The non-profit sold its existing fleet of vehicles, with a book value of $12,000, for $15,000. It paid for the new vehicles in cash on October 1, 2019, at a ...Accounting. Accounting questions and answers. On July 1, 2022, Damen Jurado Company pays $12,000 to its insurance company for a 2-year insurance policy Prepare the necessary journal entries for ……

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. Answer & Explanation. The accrual method is an ac. Possible cause: Note that in this scenario, revenues and expenses should be recognized in the sa.