It’s A for sure just really got to add the puzzles together
Answer:
A. $ 24,000
Explanation:
Given that Jerry received $24,000 for the first year’s rent and $24,000 for the last year’s rent, the amount received for the first year's rent is the amount earned by Jerry in the first year and as such is recognized as the income for the year.
The $24,000 received as rent for the last year is not an earned income but a deferred income. It may also be called unearned revenue and is accounted for as a liability until it is earned (in the last year).
As such, only $24,000 of the $48,000 received is included in Jerry’s current-year income.
Answer:
This is an example of pay rise!
I hope this helps you!
Answer:
D) foreign; domestic
Explanation:
The central Bank can improve the domestic currency by using the reserves. If the domestic currency undervalued the central bank may intervene to sell the Foreign currency and purchase the domestic currency, which will increase the demand of domestic currency and increase the supply of foreign currency in the market which will improve the value of domestic currency and undervalue the foreign currency.
I believe that first one should add the $175,000 to the $5000 = $180000 - $3000=$177,000/75,000= 236% of assets would be the rate of return based on the assets which is a pretty high rate of return and means the assets are being very wisely used.
