Candice operates a business giving art lessons at her studio. On December 26, 2018, she collected $900 from Robbie under a 3-year contract. The contract provided for 60 1-hour weekly lessons beginning December 31, 2018. During 2018, Candice gave Robbie 1 lesson. In 2019, Robbie received 19 lessons, 20 in 2020, and in 2021 he received the remaining 20 lessons. Candice uses a calendar tax year and the accrual method of accounting. She elects to defer the advance payments. When should she report the income from these lessons

What does the phrase limited liability mean in a corporate context?

Prior to its closing, income summary had total debits of $1,190,500 and total credits of $1,476,300. what purpose is served by the income summary account and what is the nature of the entries that resulted in the $1,190,500 and the $1,476,300? the income summary account is used to the accounts. the $1,190,500 represents the , and the $1,476,300 represents . the company had of $ .

Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.