Software Solutions was hired by Jones Company on December 1 to install and updated software. The total entire amount of $1,800 in revenues is to be paid to us by Jones Company when the job is completed the following January 31. As of December 31, we have completed one half of the software installation and updates. On December 31, Software Solutions makes the following entry to adjust for the revenues earned during December:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Software Solutions was hired by Jones Company on December 1 to install and updated software. The total entire amount of $1,800 in revenues ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Long-term liability balances for the budgeted balance sheet are obtained from: Multiple Choice The cash budget and capital expenditures budget. The cash budget and sales budget. The cash budget and budgeted income statement.
Answers (1)
Ken wants to buy stock in chef master, a large kitchen appliance corporation. he doesn't have time to attend any meetings, and he doesn't have any interest in having a say in how the company is run.
Answers (1)
Which of the following is the prescribed remedy when the bullwhip effect is caused by shortage gaming? a. price stabilization b. channel coordination c. share demand information d. increase capacity e. allocate orders based on past demand
Answers (1)
When Glenn is thirsty, he always buys a Coke. Like many consumers, Glenn engages in considerable alternative evaluation when buying habitual products like his Coke. A) True B) False
Answers (1)
Overland purchased $387,950 of fixed assets that are classified as three-year property for MACRS. The MACRS rates are. 3333,.4445,.1481, and. 0741 for Years 1 to 4, respectively.
Answers (1)
New Questions in Business
Stuart Manufacturing Company established the following standard price and cost data. Sales price $ 8.80 per unit Variable manufacturing cost $ 3.
Answers (1)
Kincaid Company's Retained Earnings balance on January 1 was $9,000. During the current year, Kincaid earned $3,100 in revenues and incurred $4,300 in expenses. Kincaid declared and paid $3,000 in dividends, all in cash.
Answers (1)
Cotton Brokers, Inc., enters into a contract to sell denim clothing to Delite Natural Fashion store, which in turn sells a pair of jeans to Esmé, a consumer. In comparison to standards that apply to consumers, the UCC imposes on merchants A.
Answers (1)
Globalization of the economy has been led primarily by transnational corporations. what do these corporations do?
Answers (1)
The Single European Act was put in place in an attempt to Multiple Choice convince Great Britain to remain in the EU. determine the viability of a common currency. expand the role of the EU into northern Africa.
Answers (1)