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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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The correct answer is A. maker.

Explanation:

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If a person wants to start a business but limit the amount of liability he is responsible for, a _____________ would be most app
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Output range with increment of 10 5.15.1: Output range with increment of 10 Write a program whose input is two integers, and who
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Answer:

// Program is implemented using Coral Programming Language

int X

int Y

int Sum

Put "Enter any two numbers" to output

x = Get next input

Y = Get next input

if Y < X

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else

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Put Sum to output

Explanation:

The above program is written using Coral Programming Language

The first line is a comment

The next 3 lines declares 3 integer variables

Which are X, Y and Sum

X and Y represent the two input numbers as seen on line 6 and 7

X, being the first and Y being the second

Line 8 tests the larger of the two numbers

If Y is less than X, the output is "Second integer can't be less than the first" without the quotes

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It continues printing sum as long as sum is less than the value of Y.

8 0
3 years ago
What percentage of greek students would participate in a hazing activity, even if it made them uncomfortable?
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Less than 10% is the percentage of Greek students that would participate in a hazing activity, even if it made them uncomfortable. This percentage is justifiable because student participation in hazing activities is prohibited and the accompanying danger to physical and mental health induced to a student is one factor that makes it more off-putting.

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Ordinary simple interest brings increased revenue to the lender. The general practice
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Answer:

Exact = $34.5

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Explanation:

Given that :

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For exact :

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Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5

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