Answer:
D. debit Unearned Rent Revenue, $4720; credit Rent Revenue, $4720.
Explanation:
When the Cash was received for 6 month`s Rent the entry was :
Debit : Cash $28320
Credit : Unearned Rent Revenue $28320
At 31 July when 1 month`s rent expires the entry will be :
Debit : Unearned Rent Revenue (1/6 x $28,320) $4,720
Credit : Rent Revenue $4,720
thus
We reverse the liability - Unearned Rent Revenue and recognize Revenue for the month expired.
The given statement that most riders cannot tell the difference between low-risk behavior and high-risk behavior is FALSE.
<h3>What is
high-risk behavior.?</h3>
This refers to the type of behavior that a person engages in that could lead to severe consequences.
Hence, we can see that The given statement that most riders cannot tell the difference between low-risk behavior and high-risk behavior is FALSE and this is because they know when they put themselves in danger and when they are following protocols and guidelines about safety.
Read more about high-risk behavior here:
brainly.com/question/3711204
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Answer:
The correct answer is 8.679%.
Explanation:
According to the scenario, the given data are as follows:
Face value (F) = $1,000
Bond value (B)= $955
Time (t) = 18 years
Yield (r) = 9.2%
First we calculate the coupon payment:
Let coupon payment = C
then,
B = C × 
By putting the value, we get
$955 = C× 
$955 = C × 8.64 + 205.11
C = 86.79
So, Coupon Rate = Coupon Payment ÷ Face value
= 86.79 ÷ 1000
= 0.08679
= 8.679%
Answer:
b. $6,000
Explanation:
Depreciation is calculated on the cost of asset. Cost of asset includes the transportation and installation cost, because both are necessary in order to function the asset.
Accordingly total cost of asset = $40,000 + $1,000 = $41,000
Salvage value = $5,000
Thus, amount to be depreciated = $41,000 - $5,000 = $36,000
Useful life of the asset = 6 years
Straight line depreciation = $36,000/6 = $6,000 annually.