Answer:
Dr Unearned rent revenue 16,800
Cr Rent revenue 16,800
Explanation:
Period 6 months
Period expired at year end which is from September to December = 4 months
December 31
Dr Unearned rent revenue 16,800
(4/6×25,200)
Cr Rent revenue 16,800
Unearned Rent Revenue was debited in order to reduced Liability while Rent Revenue was credited in order to increase revenue.
Answer:
Bad debt expense for 2016 should be: c. $8,520
Explanation:
As of December 31, 2016, Amy Jo's Appliances had accounts receivable of $313,000 and the allowance for uncollectible accounts should be 3% of accounts receivable
Bad debts are estimated: 3% x $313,000 = $9,390
Amy Jo's Appliances had $870 in the allowance for uncollectible accounts
Bad debts expense = $9,390 - $870 = $8,520
The entry will be made:
Debit Bad debts expense $8,520
Credit Allowance for uncollectible accounts $8,520
Answer: bribery and conflict of interest
Explanation: In simple words, bribery refers to the act under which one individual tries to persuade the behavior of another individual for his benefit by offering him or her monetary benefits.
Whereas, conflict of interest refers to a situation when someone has the authority to make decisions that benefits himself more than the entity he is working for.
Hence we can conclude that the above case depicts bribery and conflict of interest.
Drafting soldiers is an implied power of the federal government.
According to Article I, Congress has the authority to make provisions for the general welfare and common defense of the United States. However, the establishment of a forced draft for enlistment in the military is an implicit power that has been exercised at various points in American history, from the Civil War until 1973.
Another well-known example of implied powers is the ability to form an army through a draft. For instance, the Constitution does not expressly permit the use of a draft prior to America's participation in World War II.
The ability to declare war, provide for and maintain a Navy, create and fund Armies, and equip, direct, and summon a militia all fall under the purview of Congress.
To learn more about Constitution refer to:
brainly.com/question/19411179
#SPJ4
The amount of lottery winnings that should be included in Emil's Year 8 taxable income is: $5,000.
<h3>What is taxable income?</h3>
Taxable income can be defined as the income that are reduce by tax or other deduction.
Since we were told that the amount of $5,000 was won in the state lottery, which means that the amount of lottery winnings that should be included in Year 8 taxable income is will be the total or the whole amount of the gambling winnings which is $5,000.
Learn more about Taxable income here:brainly.com/question/26316390
#SPJ1