OXO notices that the US population is aging. This represents an example of a change in the company's _________.

A company received $5,000 for 100 one-year subscriptions on July 1. The journal entry to record this cash receipt would include a ________. The company uses a liability account for revenue received in advance

A) credit to Accounts Payable for $5,000 B) debit to Prepaid Expenses for $5,000 C) credit to Unearned Revenue for $5,000 D) debit to Note Payable for $5,000

A search engine is the primary method most consumers use to discover new websites and to search for information

Indicate whether the statement is true or false