Horizontal marketplaces are markets that concentrate on a service, material, or a product that is used in all types of industries

On December 31, 2016, the balance in Pinnacle Exploration Company's Unearned Revenue account was a credit of $6,000. In January, 2017, the company received an advance payment of $12,000 from a new customer for services to be performed

By January 31, adjustments were made to recognize $7,000 of the revenue that had been earned during January. What was the balance in Unearned Revenue on January 31, 2017? A) $7,000 credit B) $12,000 debit C) $6,000 credit D) $11,000 credit

Which of the following does not contribute to price escalation in global marketing?

A) shipping and insurance charges B) value added taxes (VAT) C) different Incoterms as incentives D) duties and tariffs E) fluctuating exchange rates