The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
<h3 /><h3>Unearned rent</h3>
Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:
31 December
Debit Unearned rental revenue $16,296
Credit Rental revenue $16,296
($39,110×5/12)
(To record unearned rent)
Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
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B. They'll know exactly what you want.
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Answer:
D. A decrease in your credit score
Explanation:
Not managing one's debt wisely can result in a decrease in that person's credit score. The role of a credit score is to show how likely or unlikely a person can repay their loans or debts. It is a three digit number ranging from 300 to 850. The higher your score is the better you are at managing your debts and vice versa. According to FICO reports , most people's scores range between 600 to 750. 800 and above is considered excellent.