Answer:
Services provided by Spafford to the clients.
On May 1,
A client prepaid Spafford Services $71,000 for 6-months services in advance.
The Journal entry is as follows:
Cash A/c …………………………………………Dr. $71,000
To Unearned Management Fees A/c $71,000
(To record the services provided to client in advance)
Answer:
Net lease
Explanation:
A net lease is a leasing agreement where the lessee (Chris) pays the regular lease payment (in this case monthly rent) plus a percentage of all the taxes, insurance fees and maintenance costs (in this case Chris pays 100%). Usually net leases are agreed for commercial real estate, not residential homes.
Answer:
Resolutions of honor or recognition
Explanation:
Resolution of recognition is a document that is used to recognize the impact or contribution of a person(s) in whatever capacity. Also, a resolution of honor is a document that is given to a person(s) to honor or award such person(s).
These documents usually do not require debate or members vote or contribution before it is given out to deserving person(s).
I hope this helps.
Answer:
False. That is one of many.
Explanation:
False. That is one of many.