If a Company Has Advance Subscription Sales Totaling $45,000 for the Upcoming

question 34

Multiple Choice

If a company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to customers,the receipt of cash would be journalized as:

• A)Debit Cash $45,000;credit Unearned Revenue $45,000.
• B)Debit Unearned Revenue $45,000;credit Sales $45,000.
• C)Debit Cash $45,000,credit Sales $45,000.
• D)Debit Sales $45,000,credit Unearned Revenue $45,000.
• E)Debit Prepaid Subscriptions $45,000,credit Sales $45,000.

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Definitions:

Employee Selection

The process by which companies evaluate and choose individuals to fill job vacancies based on criteria such as skills and experience.

Job Satisfaction

A positive emotional state resulting from the appraisal of one's job or job experiences.

Job Performance

The effectiveness with which job tasks are carried out by an employee.

Dominance

The phenomenon whereby an individual asserts control in a social or ecological context.