User Account

All Pages

What is the balance of the Unearned Revenue at end of June

Assignment Help Accounting Basics
Reference no: EM132531856

Question - On June 1, Dansby's Bookkeeping Service had a beginning balance in Unearned Revenue of $2,000. During June, Dansby earned $1,000 of the unearned revenue. He also received a $6,000 payment from a new customer for services to be performed in July.

Required - What is the balance of the Unearned Revenue at the end of June?

Reference no: EM132531856

Questions Cloud

What is the npv for quebec inc : Company's management expects the machinery to produce cash flows of $979,225, $1,158,886, and $1,881,497 over the next three years. What is the NPV?
Review the section establishing security culture : Review the section on Establishing a Security Culture. Review the methods to reduce the chances of a cyber threat noted in the textbook.
What will be the yield to maturity on the bonds : What will be the yield to maturity on these? bonds, assuming the default does not? materialize? What will be the price of these? bonds?
Many digital forensic certifications have code of ethics : Many digital forensic certifications have a code of ethics that set standards of conduct for professional behavior. Some of these codes contain statements
What is the balance of the Unearned Revenue at end of June : On June 1, Dansby's Bookkeeping Service had a beginning balance in Unearned Revenue of $2,000. What is the balance of the Unearned Revenue at end of June
Discuss the recognition for biological assets : Distinguish between agricultural activities, agricultural produce and biological assets. Discuss the recognition for biological assets
How does political or cultural risk impact international : Demonstrate knowledge and understanding of the changing nature of the global business environment, buyer behaviour in a global context and the factors
How much are the bonds worth today : The amount of annual interest payments that you will receive is $6300. If you could invest your money at 5%, how much are these bonds worth today?
Define SQL and No SQL : Define SQL and No SQL.? Outline the distinguishing characteristics of SQL and NoSQL? explain the family members of NoSQL database?.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd