Complete the paragraph to explain why unearned revenues are liabilities instead of revenues. in the explanation, use the following actual example: the new york times, a national newspaper, collects cash from subscribers in advance and later provides news content via print newspapers and online access to subscribers over a one-year period. explain what happens to the unearned revenue over the course of a year as the new york times delivers papers and online content to subscribers. into what account does the earned subscription revenue go as the new york times delivers papers and online content? give the journal entries that the new york times would make to (a) collect $ 85 comma 000 of subscription revenue in advance and (b) record earning $ 40 comma 000 of subscription revenue. include an explanation for each entry.

Social computing forces companies to deal with customers as opposed to

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Which of these is an example of innovation?