The Readers Digest Association, Inc. , one of the largest publishers of magazines in the world, had
Question:
1. Prepare journal entries for the new subscriptions and the deliveries to prepaid subscribers.
2. Compute the amount in the unearned revenue account at the end of April 2012.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
1Cash 35 Unearned revenue 35 To recognize subscriptions paid for in cash Unearned reven...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
Question Posted:
Students also viewed these Accounting questions
-
On Dec. 1, 2014 Pete Fiore opened Flore Consulting Services, Inc. He provides marketing seminars guaranteed to increase sales by SK. The first fiscal (calendar) year will end December 31, 2014. One...
-
Distinguish between a current liability and a long-term debt.
-
Define liability. Differentiate between a current liability and a long-term liability.
-
Use the following information for Questions 1 a) and 1 b): a) At the beginning of the year, Juju Sdn. Bhd. estimated the following: Polishing Department Overhead Direct labour hours Kiln hours Firing...
-
When a company sells its products to intermediaries who then resell to buyers in a target market it is call what?
-
Florence is a highly paid fashion consultant who earns $100 per hour. She has 16 hours per day that she can allocate to work or leisure, and she decides to work for 12 hours. a. Draw Florence's time...
-
Derive the solutions for transient concentration profiles in the two-bulb apparatus (Example 21.5 in the text) for the binary case, and show that the multicomponent case can be derived as an...
-
Tolo Co. plans the following repurchases: $10 million in one year, nothing in two years, and $20 million in three years. After that, it will stop repurchasing and will issue dividends totaling $25...
-
headquarters. The building was completed on September 30, 2025. Expenditures on the project were as follows: January 1, 2024 March 1, 2024 June 30, 2024 October 1, 2024 $ 1,680,000 1,260,000...
-
Tasty Treats Bakery mass- produces bread using three sequential processing departments: Mixing, Baking, and Packaging. The following transactions occurred during April: 1. Direct materials used in...
-
During 20X0, the Ashley Appliance Company had cash sales of $800,000. The company estimates that the cost of servicing products under warranty will average 3% of sales. 1. Prepare journal entries for...
-
Krispy Kreme Company, the doughnut company, had the following items on its January 29, 2012, balance sheet (in thousands): Cash and cash equivalents ......... $ 44,319 Accounts payable ................
-
According to Goffman, what is face, and what is facework?
-
The Better Chair Company manufactures high-end chairs in alpha division in a country with a 35% income tax rate and transfers these chairs to beta division in a country with a 40% income tax. An...
-
Requirement: A. Help with making a schedule which identifies the changes in the PBO and Plan Asset account balances and the funded status for 20X1, 20X2 and 20X3. B. Now assume that the actual return...
-
Using the weighted-average method of process costing, complete each of the following steps: a. Reconcile the number of physical units worked on during the period. b. Calculate the number of...
-
1. 2 3. 4 5 In Year 1, a company's first year of business, the following events occurred: 6. 7 1. Received $32,000 from issuing common stock. 2. Received $44,000 from issuing a note to National Bank....
-
A company has maintained the following relationships in recent years: Quick assets comprise 25% cash, 15% marketable securities and 60% book debts. During 20172018, the company eamed Rs. 1,20,000 or...
-
Polystyrene can be prepared by heating styrene with tribromobenzoyl peroxide in the absence of air. A sample prepared by this method has the empirical formula Br 3 C 6 H 3 (C 8 H 8 )n, where the...
-
5. Convert the following ERD to a relational model. SEATING RTABLE Seating ID Nbr of Guests Start TimeDate End TimeDate RTable Nbr RTable Nbr of Seats RTable Rating Uses EMPLOYEE Employee ID Emp...
-
What is the relationship between the sales volume variance and the production-volume variance?
-
Given the following, what is the amount of Capital? Assets: Premises \( 20,000\); Inventory \( 8,500\); Cash \( 100\). Liabilities: Trade payables \( 3,000\); Loan from A. Adams \( 4,000\) (A) \(...
-
Which of the following are correct? (A) (i) and (ii) (B) (ii) and (iii) (C) (i) and (iii) (D) (i), (ii) and (iii) (i) (ii) iii) Accounts Assets Capital Liabilities To record an increase a decrease an...
-
Which of the following statements is correct? (A) We paid a creditor by cheque (B) A debtor paid us \( 90\) in cash (C) J. Hall lends us \( 500\) by cheque (D) Bought goods on time Effect upon Assets...
-
make a scenario for each of the following Gesture communication Facial expression communication Oral communication Written communication discuss briefly each scenario
-
Problem 7-30 Holding Period Yield (LO2) The YTM on a bond is the interest rate you earn on your investment if interest rates don't change. If you actually sell the bond before it matures, your...
-
According to theknot.com, online dating is the most common way people meet their spouses today. This claim was based on a survey of 1,400 randomly selected recently married couples, with 266...
Study smarter with the SolutionInn App