Answer:
C. A Debit Rent revenue for $500.
Explanation:
The journal entry for receiving cash in advance is shown below:
Cash Dr $2,500
To Unearned rent revenue $2,500
(Being the advance cash collected)
But for recognize the revenue, i.e earned from rent, the entry is
Rent revenue Dr $500
To unearned rent revenue $500
(Being the unearned rent revenue is recorded)
Hence, the correct option is C.
Answer:
The would own "undivided interest".
Explanation:
- The interest or privilege in tenant-owned property whereby every property owner seems to have an equitable opportunity to experience the total premises.
- This would be represented as just an equal marginal or proportion interest or participate across each benefit, profit as well as responsibility about just the particular topic of such a service agreement.
Answer / Explanation
Numbers of drivers in Los Angeles that incur an additional 30 minutes of traffic delays = 500000
Neither of the cities
Hence,
L.A. = O.50 hrs. x 500,000 drivers at $15/hr implies a cost of $3,750,000 ) Boston = 0.75 hrs. x 200,000 drivers at $25/hr implies $3,750,000
