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4 years ago

As Prepaid Rent is used, the asset becomes a/an

Business

2 answers:

Tju [1.3M]4 years ago

8 0

The correct answer is the letter B. Expense

melamori03 [73]4 years ago

6 0

As prepaid rent is used, the asset becomes a liability.
Liability because it becomes the responsibility of someone who uses the prepaid. Since the prepaid rent was used, it needs money to be able to pay them. It becomes the responsibility for someone to be able to use his money to pay the prepaid rent that was used.

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In a market economy, buying decision are made by consumer

stiv31 [10]

Answer:

customers

Explanation:

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3 years ago

Accounting definition?

Mice21 [21]

Answer:

Accounting or Accountancy is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations.

Explanation:

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3 years ago

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J. Arthur has a capital balance of $80,000 and E. Joseph has a capital balance of $100,000 in their partnership as of June 30. O

Aliun [14]

Answer:

Debit Cash $20,000

Credit M. Alice capital $20,000

Explanation:

We recognize the admission of new partner by debiting the cash that the partnership received in the amount of $20,000 and then record the interest of the new partner by crediting her capital, M. Alice, capital $20,000. Basically, the old partners will agree as to what amount of interest that the new partner will be credited to the partnership. But in this scenario, the problem is silent as to the agreement of interest that M. Alice will be credited, in effect, the books will recognize M. Alice' interest equal to the cash she invested to the partnership.

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4 years ago

Sekelow Enterprises is a debt collection agency. It uses postcards to contact consumer debtors it is attempting to collect from

Olegator [25]

Answer:

The correct answer is: No, it is not legal.

Explanation:

The Fair Debt Collection Practices Act (FDCPA) is a federal law that prohibits debt collectors from using abusive, unreasonable, or misleading money-recovery methods. That is meant to protect debtors from harassment or intimidation.

<em>Collectors cannot present themselves as law enforcement or government officials, they cannot call people at work or multiple times at home or during out hours, they cannot pass off papers as legal documents when they are not, they cannot arrest you, or lie in any way.</em>

Thus, <em>Sekelow has violated the FDCPA by sending debtors postcards requesting contact from their end.</em>

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3 years ago

What two QuickBooks Online payroll subscription levels include QuickBooks time

diamong [38]

QuickBooks Online Payroll Premium and Elite subscription levels include QuickBooks time.

<h3>What is QuickBooks Online Payroll Premium?</h3>

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It helps the employees to track their own time and set up their auto payroll.

Premium offers some additional features and HR support as well.

Learn more about the QuickBooks here:-

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2 years ago