On April 1, Griffith Publishing Company received $33,480 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The company credited Unearned Fees for the amount received and the subscriptions started immediately. Assuming adjustments are only made at year-end, what is the adjusting entry that should be recorded by Griffith Publishing Company on December 31 of the first year?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “On April 1, Griffith Publishing Company received $33,480 from Santa Fe, Inc. for 36-month subscriptions to several different magazines. The ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
You own 400 shares of Stock A at a price of $60 per share, 500 shares of Stock B at $85 per share, and 900 shares of Stock C at $25 per share. The betas for the stocks are 0.8, 1.2, and 0.7, respectively. What is the beta of your portfolio?
Answers (1)
Prompt What does the human resources department of a company do?
Answers (1)
Collector Carl displays his beer can collection at the local swap meet. Mary sees the collection and is interested in buying it. Carl says he will sell the collection for $1,500.
Answers (1)
Tate and Anna have two children who need orthodontic treatment of braces and retainers, which insurance should they purchase?
Answers (2)
Ninety percent of businesses in the United States are family-owned and managed and account for 62 percent of total U. S. employment.
Answers (2)
New Questions in Business
One practical reason that economists use percentages to measure elasticity is: a. that more complicated calculations tend to be more accurate b. to convert elasticities to the dollar units c. to convert units to the metric system d.
Answers (1)
Sometimes, while on the job at dairy king, jimmy forgets to ask, "do you want fries with that?" when customers order burgers. the fact that some customers are surprised by jimmy's behavior can be explained by
Answers (1)
Which of the following is the least risky? collectables, stock, savings bond, or savings account?
Answers (1)
Strength unhappy inchworm reread restless comfortable
Answers (1)
If a country has a rising middle class what does this social change mean for business? A: there will be more people with discretionary income creating business opportunities.
Answers (1)