Answer:
A liability account in the balance sheet.
Explanation:
When rent is collected in advance, the entries required to be recognized at the point of collection is as follows;
Debit Cash account
Credit Unearned/Deferred rental revenue
The cash account is an asset while the Unearned/Deferred rental revenue is a liability account.
As such, the collection of rent in advance is A liability account in the balance sheet.
The typical time frame for decisions at the strategic level is a strategic decision.
The strategic level makes a specialty of defining and assisting countrywide policy and relates immediately to the outcome of a war or other battle as an entire. generally, cutting-edge wars and conflicts are gained or lost at this level in place of at the operational or tactical levels.
Strategy can be formulated at three degrees, particularly, at the company level, the business level, and the functional degree. at the company degree, strategy is formulated for your organization as a whole. The corporate method offers decisions associated with various enterprise regions in which the firm operates and competes.
As an example, constructing on the diversification instance, the purposeful level strategies that aid that commercial enterprise stage method is probably: R&D: redesign product. advertising: put into effect a new advertising plan. manufacturing: Make adjustments to present infrastructure.
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Answer:
understand
Explanation:
by understanding each other and work inline with the business goal in order to achieve the business objective
Answer:
Budget expenditure part
B.H. No. Budget heads Annual Appropriation of Budget
22311 Office expenses 58,000
22121 Rental charges 30,000
22711 Miscellaneous expenses 11,000
29311 Furniture 1,50,000
The fed currently focuses monetary policy on the ; Federal funds rate