The adjusting entry made on December 31 by Fragment company would be: A debit to Unearned Revenue and a credit to Rent Revenue for $2,475.
<h3>What is revenue?</h3>
Revenue is income earned by an individual or a business from the sale of any products or services offered. It is the value of all sales of goods and services recognized by a company in a period.
Amount unearned = Amount of total rent (3months / 8 months)
Amount unearned = 6,600 [3/8]
Amount unearned = $2,475
Journal entry:
Unearned rent A/c Dr $2,475
Rent A/c Cr $2,475
[Debit to Unearned Rent
Credit to Rent Earned for $2,475]
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Place Utility I think not one hundred though.
Late payments remain on a credit report for seven years from the date of the missed payment. If you have a closed account that was delinquent, the account itself will be removed from the report seven years from the date the account first became late and after which was never again current.
The fact that the researcher analyzes the relationship between the amount of lighting in a workplace and the group's productivity means that the researcher is focusing on the temporal precedence, as an element of inferences of cause and effect. It is a tool used <span>for determining the strength of a cause and effect relationship.</span>