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3 years ago

An adjustment for Prepaid Rent would indicate the amount

1 answer:

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<span>The correct choice is letter B. expired. An adjustment for Prepaid Rent would indicate the amount is "Expired". Prepaid rent is your current asset account where the reports of the amount of future rent expense is paid in advance in the rental period. The amount reported is the amount that is not expired yet.</span>

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What are some risks and how do you plan to reduce or eliminate them when having a business

lara [203]

Explanation:

1. Buy insurance: Though insurance is an expenses, it safe guards you and yours business from huge loss.

2. Income from multiple sources: Always do not depend on single income. Make sure that income comes from multiple sources so that you can make your business alive.

3. Have a savings: Entrepreneurs should save money as how much as they can. We cannot know when there will be a profit and when there is a loss. We can only forecast to a particular extent.

4. Limits on Loan: Keep your loans manageable: Do not step into huge loans where it will be difficult for you to manage when there is a sudden lose.

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4 years ago

Find three celebrities of your choice. Type a paragraph for each celebrity explaining their net worth. Include their background

Sidana [21]

Answer: SEE EXPLANATION!

Explanation:

Since the time when Billie Eilish first came into the music scene a few years ago, fans have not been able to get enough inner music. At just 18 years old, Eilish has already accomplished more in her career than other artists do in a lifetime. Her music and style is uniquely different, but that is what makes her so great. Many people in this world feel like they are different or “weird.” But when they see this young girl who is famous for dancing to the beat of her own drum, they realize that being different is not a bad thing.

Swift showed an interest in music at an early age, and she progressed quickly from roles in children’s theatre to her first appearance before a crowd of thousands. She was age 11 when she sang “The Star-Spangled Banner” before a Philadelphia 76ers basketball game, and the following year she picked up the guitar and began to write songs. Taking her inspiration from country music artists such as Shania Twain and the Dixie Chicks, Swift crafted original material that reflected her experiences of tween alienation. When she was 13, Swift’s parents sold their farm in Pennsylvania to move to Hendersonville, Tennessee, so that she could devote more of her time to courting country labels in nearby Nashville. A development deal with RCA Records allowed Swift to make the acquaintance of recording-industry veterans, and in 2004, at age 14, she signed with Sony/ATV as a songwriter. At venues in the Nashville area, she performed many of the songs she had written, and it was at one such performance that she was noticed by record executive Scott Borchetta. Borchetta signed Swift to his fledgling Big Machine label, and her first single, “Tim McGraw” (inspired by and prominently referencing a song by Swift’s favourite country artist), was released in the summer of 2006.

In February 2003, Shelton released The Dreamer, and its first single, "The Baby," reached No. 1 on the country music charts, hanging on for three weeks. The second and third singles from the album, "Heavy Liftin'" and "Playboys of the Southwestern World," each cracked the top 50, and The Dreamer went gold. In 2004 Blake Shelton began releasing a string of hit albums, beginning with Blake Shelton’s Barn & Grill. The second single from the album, "Some Beach," became his third No. 1 hit, and the singles "Goodbye Time" and "Nobody but Me" reached top 10, sending the album to gold status. Along with the album, Shelton released an accompanying video collection, Blake Shelton's Barn & Grill: A Video Collection. Pure BS was released in early 2007, and its first two singles, "Don't Make Me" and "The More I Drink," were both top 20 hits on the country charts. That same year, Shelton made his reality TV debut, appearing first as a judge on Nashville Star and then on Clash of the Choirs

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3 years ago

Read 2 more answers

Prepare a direct materials purchasing plan for January, February, and March, based on the following facts. Lana Gonzales owns a

larisa [96]

Answer:

January cost $702,200

February cost $812,200

March cost $950,400

Total Purchase cost

Particulars January February March

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

$ 702,200.00 $ 812,200.00 $ 950,400.00

Explanation:

R.M budget - blades

Particulars January February March April

Planned production 11000 13000 16000 12000

Blades req. per unit 4 4 4 4

Material req. for prod. 44000 52000 64000 48000

Add: Desired ending inventory 20800 25600 19200 0

Less: Beginning inventory 13000 20800 25600

Net units of blades req. 51800 56800 57600

Cost per blade $ 4.00 $ 4.00 $ 4.00

Purchase cost of blades $ 207,200.00 $ 227,200.00 $ 230,400.00

R.M budget - motor

Particulars January February March April

Planned production 11000 13000 16000 12000

Motor req. per unit 1 1 1 1

Material req. for prod. 11000 13000 16000 12000

Cost per motor $ 45.00 $ 45.00 $ 45.00

Purchase cost of motor $ 495,000.00 $ 585,000.00 $ 720,000.00

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4 years ago

Swifty Corporation has 46,500 shares of $13 par value common stock outstanding. It declares a 15% stock dividend on December 1 w

Olin [163]

Answer:

Common stock dividend distributable = Par * Number of shares * % dividend

= 13 * 46,500 * 15%

= $90,675

Stock Dividend = Number of shares * market price * % dividend

= 46,500 * 18 * 15%

= $125,550

Date Account Title Debit Credit

Dec, 1 Stock Dividend $125,550

Common Stock Dividend Distributable $90,675

Paid in Capital in excess of Par- $34,875

Common stock

Date Account Title Debit Credit

Dec, 31 Common Stock Dividend Distributable $90,675

Common Stock $90,675

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3 years ago

The adjusted trial balance for Rowdy Profits Corporation reports that its equipment had cost $240,000. For the current year, the

garik1379 [7]

Explanation:

The reporting is shown below:

Income statement

Particulars Amount Particulars Amount

Depreciation

expense $28,800

Balance sheet

Liabilities Amount Assets Amount

Equipment $240,000

Less: Accumulated

Depreciation -$144,000

Net value of an equipment $96,000

Only these items would be displayed on the income statement and the balance sheet

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4 years ago