Answer:
a. Reversal entry:
Debit Rent expense $4,650
Credit Miscellaneous Expense $4,650
Correct Entry:
Debit Rent expense $4,650
Credit Cash $4,650
b. Reversal entry:
Debit Accounts payable $3,700
Credit Cash $3,700
Correct Entry
Debit Cash $3,700
Credit Accounts Receivable $3,700
Explanation:
Reverse entry is to simply close to zero the original entry that has been made in mistake. Afterwards, record the correct entry to properly account the transaction.
To reverse the previously made entry, we simply debit what is credited and debit what is credited.
a. We need to close the rent expense credited by debiting it and credit the miscellaneous expense that is previously debited to zereod out the mistake recording. Then to record the correct entry, Debit Rent expense and Credit Cash at the amount $4,650
b. Just ike what we did on the previous transaction, we will debit the Accounts payable and credit the cash that has been recorded by mistake to zereod out the balance and then make the correct entry. Debit Cash $3,700 and credit Accounts receivable $3,700.
Answer:
Online displays (banner) ads
Explanation:
This has the potential to appear to any website user in an unsolicited manner
Answer:
d
Explanation:
Becuuse when you read the qustion you see that it all led up to d
Answer:
Financial economies of scale are a type of internal economy of scale. They are economies of scale enable more favourable rates of borrowing. That is, larger businesses are seen by lenders as more reliable or worthy of credit due to their size, whereas smaller businesses will tend to pay higher rates of interest.
Answer:
Wear and tear on vehicles leads to more recurrent replacements and repairs.
Explanation:
Traffic congestion can occur as a result of a lack of road capacity.
The causes of traffic congestion include overpopulation, frequent use of private cars, and inadequate public transport.
Traffic congestion may slow down the growth of metropolitan cities.
It also formulates economic geographies.
Wear and tear on vehicles leads to more recurrent replacements and repairs.
