Answer:
a) Fees earned (or revenues) will be understated. Net income will be understated.
b) Accounts (fees) receivable (or assets) will be understated. Owner’s equity will
be understated.
Explanation:
Adjusting entries refers to the entries that are made at the end of an accounting period in accordance with revenue recognition, principle and expense recognition principle.
All adjusting entries affect at least one income statement account (revenue or expense), and one statement of position account (asset or liability).
Answer : d. disposition fee
In leasing a car, disposition fee does not contribute to the initial cost of leasing a car. A disposition fee is paid upon returning the car. This is done so in order to pay for the leasing company's expenses in disposing or selling away the leased car.
Answer:
Democratic Party.
Explanation:
Typically, the Democratic Party holds more seats as they have more registered voters. Seats are divided based on the population amount each state has, and they are furthered divided by the population of each district. However, the current climate is that many voters are disinterested with the Democractic Party because of their overreaching policies, so if many voters flip their party, then the 2022 elections may go in favor of the Republican Party.
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Learn more about the Political Party of today, here:
brainly.com/question/23492610?referrer=searchResults
I believe the answer is Starting the car.
When we start a car, we took up more than 0.5% of the existing power right from the side, and while driving it only took half of them.
Other elecricty generated task such as car lightning does not considered to take much power compared to this.
