<span>Speakers usually use a(n) rough draft outline or a preparation outline as a rough draft they revisit and revise continually throughout the preparation of their speeches.
The name of these outlines accurately describe their duty. They are the first stage in the process of developing and writing a clear and concise speech. These outlines help keep their topic on track and their speech organized. </span>
Retained profits have several major advantages: They are cheap (though not free) – effectively the "cost of capital" of retained profits is the opportunity cost for shareholders of leaving profits in the business (i.e. the return they could have obtained elsewhere)
Answer:
These statements would fit well in an apology letter:
- Make a promise that it won't happen again - Putting the wrong date is a very serious and very strange mistake at the same time. It's strange because professionals usually do not make that kind of mistake, and it's serious because it can completely distort as schedule, as it happened in this case.
- Apologize sincerely - again, as the mistake was serious and strange at the same time, an apology is necessary.
- Accept responsability - accepting responsability for one's actions is not only the professional thing to do, but also the ethical thing to do.
And this statement is appropriate when presenting a bad newsletter:
- If the reason or explanation is not confidential and will not create legal liability - giving out specific information in a corporate context can result in legal liabilities that potentially cost a lot of money, therefore, it is important to carefully choose one's words, while at the same time being honest with the reader.
Based on the given transactions in July, the journal entry to record the payment of rent on July 31st is:
Date Account Title Debit Credit
July 31st Rent expense $3,000
Prepaid Expenses - Rent expense $3,000
<h3>How to write the journal entry for prepaid expenses?</h3>
Accounting uses the accrual basis which means that expenses are only recognized when they have been incurred and not when they are paid for. If you paid $40,000 for rent and yet your monthly rent is $5,000, only the $5,000 will be recognized as rental expense. The rest of the money is treated as a prepaid expense.
When another month elapses, then the other amount of rent can be recognized as is the case here. The month ended on July 31st and there was a need to record rental expense and so it was recorded at the rent expense of $3,000.
The journal entry would therefore show Rent Expense account is debited and the Prepaid Expenses account is credited to show it is reducing.
Full question is:
Record the journal entry to represent the payment of rent.
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