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KengaRu [80]
2 years ago
8

As the property manager, galena places advance rental funds in an interest-bearing account for her landlord. which of these must

she also do?
Business
1 answer:
Elden [556K]2 years ago
8 0

She must deposit the advance rental money in an account with at least $15 of the landlord's own money.

In a lease arrangement, the term "rental advance" refers to the initial, lump-sum payment of rent paid by the tenant (lessee) to the lessor (lessor). The monthly rent that the lessee is required to pay is then subtracted from this lump sum figure.

By debiting the cash account and crediting the unearned rent, the business can record an entry in the ledger for rent that was received in advance. Advance rent is a liability account with a credit-side balance as its default setting. The balance sheet's assets and liabilities grow by the same amount as a result of this journal entry.

Learn more about advance rental money here

brainly.com/question/26882728

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The cost of meeting SEC and possibly additional state reporting requirements regarding disclosure of financial information, the
Rama09 [41]

Answer:

True.

Explanation:

Danger of losing control, and the possibility of an inactive market and an attendant low stock price are potential disadvantages of going public.

Companies that seeks to sell its stock on different stock markets or other major public exchanges must meet and maintain numerous listing requirements. Failure to comply with these mandates on an ongoing basis could cause the stock to become delisted from the exchange. The chief purpose of these requirements is to increase market transparency in an effort to foster investor confidence.

8 0
4 years ago
Read 2 more answers
The following planned figures have been developed by a buyer for next month: sales = $25,000; reductions = $1,500; BOM stock = $
sweet [91]

Answer:

The planned purchases are given as  $34,500 while the value of OTB is $28,900

Explanation:

The Planned purchases is given as

Planned Sales + Planned Markdowns + Planned End of Month Inventory - Planned Beginning of Month Inventory = Planned Purchases

So here the planned sales are 25000

The planned Reductions are 1500

The End of Month inventory is 88000

The Beginning of Month Inventory is 80000 So the value is given as

25000+1500+88000-80000= Planned Purchases

Planned Purchases =34500

The OTB is given as

OTB=Planned Purchases-Commitment

OTB=34500-5600

OTB=28900

7 0
3 years ago
The expenditure approach to GDP is a calculation that separates output by each of the _________ major sectors of an economy.
Troyanec [42]

Answer:

4

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period.

GDP calculated using the expenditure approach: GDP = Consumption spending by households + Government Spending + investment by business + Net Export.

I hope my answer helps you.

8 0
3 years ago
PLZZZZZZ NEED HELP!!!!!!!!
Naya [18.7K]

Third option I would say goodluck

5 0
3 years ago
Is a notary public required to purchase an error and ommission policy
Kaylis [27]
Answer - Keep in mind a notary errors and omissions insurance policy is a must-have coverage if you are a notary. According to state laws, the notary public has unlimited financial liability if he or she causes the public harm as a result of an error or omission.
6 0
4 years ago
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