Author Question: Whichofthefollowingisaservicebusiness? a. Microsoft b. DellComputers c. Facebook d. ... (Read 67 times)

student77 · **on:** Jul 6, 2018

Whichofthefollowing isaservicebusiness?
a. Microsoft
b. DellComputers
c. Facebook
d. Walmart

Question 2

The City of Ruth has been awarded a 1,000,000 federal expenditure-driven grant to improve bike trails. The federal government advanced the city 600,000 when the grant was awarded on January 10, 20X8 .

The city incurred 418,000 of qualifying expenditures during 20X8 . How much should the city of Ruth recognize as unearned revenue for its fiscal year ending December 31, 20X8?
A. 182,000.
B. 418,000.
C. 582,000.
D. 600,000.