Answer:
Cash account; rent expense
Explanation:
The journal entry to record the rent expense for June month is shown below:
Rent expense A/c Dr $500
To Cash A/c $500
(Being the payment of rent for cash is recorded)
Since the rent is an expense which increases the expense account by $500 ad the cash is also paid which reduced the cash balance by $500 so the expense is increased and the cash is decreased
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
D. Firms like Hallmark Cards have developed greeting cards with sentiments specifically created for step parents, step children, and step siblings.
Explanation:
The statement most accurate about the American Blended Family is "Firms like Hallmark Cards have developed greeting cards with sentiments specifically created for step parents, step children, and step siblings."
The challenges of the modern family as caused Card producing firms to produce cards with sentiments specifically developed for step parents, step children, and step siblings.
With nearly half of kids in the United States, Canada, Australia, and the United Kingdom ( as well as several other countries) having at least one step parent in their extended family. It is only imperative for a firm like Hallmark to look into this lucrative card openings as Parents, Children and siblings alike getting cards for their step child and step sibling are on the increase.
This as prompted firms like Hallmark to infuse and commodify sentiment into their cards, with these sentiments aiming and targeted at developing cards for step parents, step children, and step siblings.
Answer:
C. poorly chosen mortgage loans, falling housing prices, and a contracting economy.
Explanation:
According to my research on the events that caused the 2007/2008 economic crisis in the United States of America, it can be said that there was a "perfect storm" of factors that contributed to this economic crisis. This Perfect Storm of factors were poorly chosen mortgage loans, falling housing prices, and a contracting economy. These factors combined caused the housing market to crash which also led to the stock market crashing.
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