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Database Services Sells Service Plans for Commercial Computer Maintenance

question 11

Essay

Database Services sells service plans for commercial computer maintenance.The price for each plan is $1,350 per year,paid in advance.On October 1,2017,a service plan was sold to a new customer for cash,and the plan covers the period October 1,2017 to September 30,2018.Prepare the December 31,2017 adjusting entry.


Definitions:

Social Lives

The part of a person's time spent engaging in interpersonal relationships with friends and acquaintances outside of work and family commitments.

Visible

Easily seen or noticed; apparent to the senses or mind.

Political Function

The role an entity or process serves within the arena of politics, often related to governance, decision-making, or influence.

Blake and Mouton

Creators of the Managerial Grid Model, which emphasizes two dimensions of leadership style: concern for people and concern for production, used for understanding and categorizing management or leadership styles.

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