Answer:
Rent expense of $2,000
Prepaid rent of $22,000
Explanation:
Since we were told that On November 1,2019 Movers Inc., paid the amount of $24,000 for a 2 years' rent which will start or begin on November 1 which means Movers' year-end financial statements as of December 31,2019 will show:
Rent expense of $2,000
Prepaid rent of $22,000
The rent expense of $2,000 is calculated as
(1÷12*$24,000)=$2,000
The prepaid rent of $22,000 is calculated as
$24,000-$2,000
$22,000
Answer
the second choice is the better deal
Explanation:
Answer:
debit teaching supplies expense
credit teaching supplies
(9000-3840)
9000 is from general ledger
Explanation:
Answer:
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Explanation:
IT'S ON AMAZON
Answer: B. enhances; drives down
Explanation:
Capital are the resources that are used by an organization which can bring about an increase in the production of such organization. Organizations undertake capital investment in order to enhance productivity and also increase revenue.
In such cases, this helps in driving down wages. This is because when an organization uses more of capital in its productive activities, less of labor is required which can help drive down wages.
