A law firm collected $3,600 for work to be performed in the following month. Which of the following general journal entries will the firm make to record this transaction?
a. Debit Accounts Receivable, $3,600; credit Unearned Legal Fees Revenue, $3,600.
b. Debit Cash, $3,600; credit Unearned Legal Fees Revenue, $3,600.
c. Debit Legal Fees Revenue, $3,600; credit Accounts Receivable, $3,600.
d. Debit Accounts Receivable, $3,600; credit Legal Fees Revenue, $3,600.
e. Debit Cash, $3,600; credit Accounts Receivable, $3,600.

Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise

Elite coffee and bakery, a café that offers a relaxing environment to enjoy quality coffees, teas, soups, and other menu items, has a poster in the front of its restaurants that reads, "we will always provide a quality product to our customers better meet the challenges of their day and always take the time to offer caring service one person at a time." this statement is elite's

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.