User Account

All Pages

What must have been the amount of cash received

Assignment Help Accounting Basics
Reference no: EM132663063

Question - Chinchillas R Chill magazine company's Unearned Revenue account had a balance of $25,400 on January 1, 2016. On December 31, 2016, as part of the adjusting entry, they recognized Subscription revenue of $29,600. The December 31, 2016 balance of the Unearned Revenue account was $24,600.

What must have been the amount of cash received by the Chinchillas R Chill magazine company from customers during the year 2016?

A) $28,800

B) $30,400

C) $20,400

D) $29,600

Reference no: EM132663063

Questions Cloud

Describe what kind of funding will be required : Describe what kind of innovation will be required and how the resources for R&D will be transferred, developed or acquired. Describe what kind of funding
Research no-fault compensation models in sweden : Research no-fault compensation models in Sweden and New Zealand. What would be the primary advantages if the U.S. adopted a no-fault system?
How trek develop relationships toward greater profitability : Who are the stakeholders, and how should Trek develop and maintain these relationships toward greater profitability within the organization?
Which ethical theory supports your view and why : View this Ethical Dilemma to learn more about the relationship between Joe, the salesman for UWEAR, and Bill, the customer. Bill and Joe have a history.
What must have been the amount of cash received : What must have been the amount of cash received by the Chinchillas R Chill magazine company from customers during the year 2016
Why then was the hospital also found to be negligent : Why then was the hospital also found to be negligent? Is this case primarily about the behavior of individual nurses, or is the hospital also being held respons
Assess the social media marketing effort : Describe the organization or product and effort as necessary, and assess the social media marketing effort based on established criteria for effective social
Define reasons why joe should turn down the invitation : Joe has scheduled a meeting with his management team for next week to talk about the Peninsula Hotel chain contract. He hopes that he will be able to work.
What are the demographic characteristics of target market : What are the demographic characteristics of your target market and why are they important? What are the demographic characteristics

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