Answer:
Debit Utilities Expense 400
Credit Accounts Payable 400
Explanation:
Answer:
October 1
Dr Cash Dividend $54,000
Cr Dividend payable $54,000
November 7
No entry
December 15
Dr Dividend payable $54,000
Cr Cash $54,000
Explanation:
Preparation of the amount journal entries
October 1
Dr Cash $54,000
Cr Dividend payable $54,000
November 7
No entry
December 15
Dr Dividend payable $54,000
Cr Cash $54,000
Answer:
please give me brainlist and follow
Explanation:
Factors to Consider When Choosing a Business Location
Style of Operation. Is your business going to be formal or elegant? ..
Demographics. When considering demographics, you should think about two important angles. ...
Foot Traffic. For many businesses, foot traffic is very important. ...
Parking and Accessibility. ...
Competition. ...
Site's Image and History.
I believe the correct answer would be correct answer be both a and b options. An access to personal information could be possible when you are connected to a public network and also by storing passwords on your cellphone. Hope this helps.
Answer:
Journal Entry will be as follow
DR. Insurance Expense $5,625
CR. Prepaid Insurance $5,625
Explanation:
On 31 July 2018 the advance Insurance has been paid and the prepaid insurance account has been debited and cash is credited. As a result the prepaid insurance is recorded as an asset. On December 31, 2018 five month has been passed, so according to accrual concept the expense should be recorded for this period. The adjusting entry requires an expense account of Insurance to debited and prepaid insurance account should be credited to transfer the accrued insurance expense from asset account to an expense account.
Total Insurance paid = $27,000 for two years
Insurance per month = $27,000 / 12 = $1,125
Insurance expense for five months of 2018 = $1,125 x 5 = $5,625
