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Sunny_sXe [5.5K]
3 years ago
10

Suppose on January 1 Aiden​'s Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31​, how much rent expense should

be recorded for the period January 1 through July 31​? At July 31, Aiden's Tavern should record $ 7700 of rent expense. Enter any number in the edit fields and then continue to the next question.
Business
1 answer:
Paha777 [63]3 years ago
8 0

Explanation:

13,200 Rent prepaid on January 1 for 1 year

÷ 12 Months

$ 1,100 Rent expense per month

Thus, $1,100 Rent expense per month

× 7 Months

$7,700 Rent expense for January through July

At July 31, Aiden's Tavern should record $ 7700 of rent expense.

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Explanation:

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Jenny also implied that it was the first time she had met them and it was also the first time they had been introduced to the product so there is that.

If you have any need for clarification do react or comment.

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Which of the following statements about taxation is TRUE?
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Answer:

A. There is a tax rate at which tax revenues are maximized.

Explanation:

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The correct numbers for the blank spaces are: 23; 21,7; 18,8.

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