1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sukhopar [10]
3 years ago
12

On September 1 the Petite-Sizes Store paid $12,000 to the Mega-Mall Co. for 3-month rent beginning September 1. Prepaid Rent was

debited for the payment. If Petite-Sizes Store prepares financial statements on September 30, the appropriate adjusting journal entry to make on September 30 would be ________.
a. Prepaid Rent - $4,000; Rent Expense - $4,000b. Rent Expense - $4,000; Prepaid Rent - $4,000c. Prepaid Rent - $8,000; Rent Expense - $8,000d. Rent Expense - $8,000; Prepaid Rent - $8,000
Business
1 answer:
blsea [12.9K]3 years ago
6 0
B) Rent Expense $4,000
Rent $4,000
You might be interested in
Within the context of quality control, the primary purpose of continuing professional education (CPE) and training activities is
Phantasy [73]

Answer:

The correct answer is c) The ability to fulfill assigned responsibilities and the qualifications for advancement

Explanation:

The company should select procedures to achieve consistent assurance that workers at all levels cooperate in general and industry-specific CPE and other professional activities that empower them to fulfill responsibilities assigned and the qualifications for advancement.

3 0
2 years ago
What is the primary goal of the As-Is process model? Group of answer choices
sineoko [7]
The answer to the question is C
6 0
3 years ago
How soon does a landlord have to return a security deposit in Florida?
shusha [124]

Answer:

15days

Explanation:

4 0
3 years ago
How does the federal reserve keep the value of money fairly constant?
Basile [38]
<span>The value of money is mainly tied to the inflation rate prevalent at that time. The federal reserve's job is to prevent disinflation and maintain inflation at a moderate rate (2-3%). They are able to accomplish this through monetary policies such as controlling the LIBOR rate which affects short term interest rates between banks, which in turn should affect short-term interest rates everywhere. They also accomplish this by buying and selling bonds in the open market to increase and decrease the money supply in order to spur the economy or slow down the economy.</span>
3 0
3 years ago
The FDA banning a specific product that a company sells is an example of:_________
mario62 [17]

Answer: unsystematic risk that can be diversified away

Explanation:

The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.

The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E

6 0
3 years ago
Other questions:
  • Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
    9·1 answer
  • Ben makes an appointment for a $50 haircut, buys a bike for $250, and agrees to work for Coding Associates for one year for $5,0
    11·1 answer
  • What is the proper adjusting entry at December 31, the end of the accounting period, if the balance in the prepaid insurance acc
    10·1 answer
  • Bedekar, Inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. If this issue cu
    9·1 answer
  • A firm has zero debt in its capital structure. Its overall cost of capital is 8%. The firm is considering a new capital structur
    9·2 answers
  • People pursue _____________ projects in the market and ____________ projects in government.
    15·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    8·1 answer
  • When pay is made public, people evaluate how equitable their pay is in light of the pay other people are receiving. The problem
    15·1 answer
  • Gina made a down payment on a motorcycle. What incentive did she have for making a down payment?
    15·1 answer
  • chandler is using the selection filter so that certain values appear. he wants to show only the western states, but they are cro
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!