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Lana71 [14]
2 years ago
6

Zach company previously recorded the prepayment of three months' office rent of $1,800. one month of rent has now been used. the

adjusting entry would be:
Business
1 answer:
galben [10]2 years ago
8 0

The adjusting entry would be rent expense 1,000 / prepaid rent 1,000.

<h3>What is adjusting entry? </h3>
  • In accounting/accountancy, adjusting entries are journal entries usually made at the top of an accounting period to expenditure and allocate income to the period in which they actually occurred.
  • The revenue recognition principle is that the basis of making adjusting entries that pertain to unearned and accrued revenues under accrual-basis accounting.
  • It is also known as Balance Day adjustments because they are made on balance day.
  • Based on the matching principle of accrual accounting, revenues and associated costs are recognized within the same accounting period. However the particular cash may be received or paid at a different time.

To learn more about adjusting entry: brainly.com/question/13716497

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Requisitioning an OTC item to use for script fulfillment included
Nina [5.8K]

Requisitioning an OTC item to use for script fulfillment included is scanning the price barcode in the QT exception screen.

For the fulfillment of medication requests corresponding to included medication units, a system and accompanying technique are offered.

A patient care provider may receive decision data from requisition fulfillment logic to aid in choosing one of a variety of fulfillment venues to fill a specific drug demand.

A requisition router may direct the pharmaceutical request to a particular fulfillment site among the many options.

In respect to the related medication requisitions that they have completed, the fulfillment sites may provide medication requisition metadata (such as information about the preparation and handling of medicine units) to a medication requisition database.

Therefore, scanning the price barcode in the QT exception screen. is the answer.

Learn more about Router:

brainly.com/question/14449935

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8 0
2 years ago
Present valuelong dash—Mixed streams   Consider the mixed streams of cash flows shown in the following​ table,
Vadim26 [7]

Answer:

Hi))

Explanation:

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4 0
3 years ago
A Treasury bill has a face value of 100K, 119 days to maturity, and is selling for $90 thousand. What is the effective annual yi
Dennis_Churaev [7]

Answer:

Annual Yield = 34.08%

Explanation:

A treasury is a short-term financial instrument issued by a government with a maturity date of 365 days or less. It is issued for a value less than the its face value., therefore it is a discounted instrument.The face value is the amount that the investor will receive at the maturity of the bill.

To calculate the the effective annual yield of a bond; follow the steps below:

Step 1: Calculate the return earned for the investment period. This called the yield for the investment period. Note that the investment may be for less than 365 days depending on the number of days left to maturity when it was purchased.  

(Face Value - Price)/Price × 100

= ((100-90)/90)× 100= 11.%

This helps to ascertained the return earned as a percentage of the amount invested.

Step 2: Calculate the annual effective rate. This is required to determine the equivalent return (yield) per annum should the investment be made for one year.

Annualized Yield=  (Yield/Time period to maturity) × 365

                               = (11.11%/119) × 365

                                  = 34.08%

5 0
3 years ago
Which country is home to the largest hydroelectric project in the world?
Andreas93 [3]
The three gorges dam is located in China
4 0
3 years ago
Blowing Sand Company has just received a one-time offer to purchase 9,400 units of its Gusty model for a price of $30 each. The
AlladinOne [14]

Answer:

Net income from special order = $56,400

Blowing Sand Company  should accept the order because it will increase net income by $56,400

Explanation:

In order to carry out an incremental analysis, only relevant cash flows should be considered.

The relevant cash flows from accepting the special order are the variable costs and the sales revenue.

Please, note that the fixed costs are not relevant for this decision. Simply because they would be incurred either way.

1.  The sales revenue from the order- $30 × 9400 = $282,000

2. the variable cost of production   $24 per unit × 9,400 = $225,600

The contribution from the special order would be determined as follows:

Contribution from special order = sales revenue - variable cost

= $282,000 - $225,600

= $56,400

Blowing Sand Company  should accept the order

5 0
3 years ago
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