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tamaranim1 [39]
3 years ago
11

Bonita Realty Management Co. received a check for $32,400 on August 1, which represents a one year advance payment of rent on an

office it rents to a client. Unearned Rent Revenue is credited when the realty company collected the rent. Financial statements are prepared on December 31. The appropriate year-end adjusting journal entry that the realty company must record for the first year would be a ______.
Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

Explanation:

The adjusted journal entry is shown below:

Unearned rent revenue A/c Dr

      To Rent revenue A/c

(Being the adjusted entry of rent is recorded)

The computation of the rent revenue is shown below:

= Received amount × number of months ÷ (total number of months in a year)

= $32,400 × (5 months ÷ 12 months)

= $13,500

The 5 months is calculated from August 1 to December 31

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Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid
Ugo [173]

Answer:

the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

Explanation:

The calculation of the estimated price of the stock in 5 years is given below:

= 5th Year dividend ÷ (Required return - Growth Rate)

Dividend at year 5 should be

=Dividend at year 0 × (1 + Growth Rate)^5          

= $8.69 × (1.061)^5 ÷ (0.11.5 - 0.061)

= $216.38

Hence, the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

4 0
3 years ago
Operating income and tax rates for Blossom Company’s first three years of operations were as follows: Income Enacted tax rate 20
Digiron [165]

Answer:

Deferred tax asset $174000

Explanation:

The computation of the  amount of deferred tax asset or liability for the year 2021 is shown below:

= Income in the year 2021 × enacted tax rate for the year 2021

= $870,000 × 20%

= $174,000

By multiplying the income for the year 2021 with the enacted tax rate for the year 2021 we can get the deferred tax asset and the same is shown above

3 0
3 years ago
An indicator of project success within an organization is the strength of the ______ to support the project management structure
Elan Coil [88]

An indicator of project success within an organization is the strength of the Organization Culture to support the project management structure.

<h3>The value of culture to your business</h3>

All facets of your company are impacted by organizational culture, from contract terms and employee perks to timeliness and tone. Your employees are more likely to feel at ease, supported, and valued when your workplace culture matches their preferences. Companies that place a great emphasis on culture are better able to withstand challenging times and changes in the business environment.

When it comes to luring people and exceeding the competition, culture is a crucial edge. Nearly half of workers would quit their current position for a lower-paying position at a business with a superior culture, and 77 percent of job seekers think about a company's culture before applying.

To know more about ' Organization Culture', visit :brainly.com/question/26965722

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5 0
1 year ago
Which of Kant's basic human rights is violated when a supervisor requires an employee to do something that is unsafe or environm
cluponka [151]

Answer: freedom of conscience

Explanation:

Kant's basic human rights that is violated when a supervisor requires an employee to do something that is unsafe despite the fact that he objected us referred to as freedom of conscience.

Freedom of conscience is also referred to as the freedom of thought and it simply means that an individual has the freedom to have their own thoughts and be able to consider a fact irrespective of the viewpoint of others.

4 0
3 years ago
Over the years Rianna paid $65,000 in premiums on a life insurance policy with a face value of $100,000. Upon reaching 65, while
viktelen [127]

Answer: $30,000 of taxable income

Explanation:

Rianna will pay $30,000 of taxable income.

6 0
3 years ago
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