Answer:
d. net income for the year will be overstated.
Explanation:
The prepaid rent account is used to record the amount paid in advance for rent. Once the amount is paid, the entries required are
Debit Prepaid rent
Credit Cash account
On subsequent use of the rent, the required entries are
Debit Rent expense
Credit Prepaid rent
As such where at the end of the fiscal year, the usual adjusting entry to update Prepaid Rent for the portion of the benefit that was used up / expired was accidentally omitted, net income for the year will be overstated as the rent expense that would have been posted to reduce it would have been omitted.
Answer:
telecommuting
Explanation:
Telecommuting is also generally referred to as teleworking and it can be defined as an act which typically involves the process of completing a job function, tasks or work assignments through the use of the internet and in a location other than the office itself.
In this scenario, Nicole works from home full-time for a non-profit organization. She receives work from and sends work to the office via a computer and modem. Thus, this is an example of telecommuting.
Answer:
51 % increase
Explanation:
Stock A price= $23.00
Stock A price after 6 months= $47.00
Increase in price of Stock A= $47 - $23
= $24
Percentage increase in stick price = <u>$24</u> x 100%
$47
= 0.510 x 100%
= 51%
The percentage increase in the price of Stock A is 51%
Cheers
Answer:
See explanation below.
Explanation:
It is important to note that from 1830-1900 migration in America increased especially on the coasts with immigrants who came from other countries in search of a better life. We will show some of the most important events associated with external and internal migration.
External migration increased by the discovery of gold on the west coast and opportunities across the country. In 1982 there was an important event called "Chinese exclusion law", this was the first law implemented to prevent all members of a specific ethnic group (Chinese women) from immigrating in the United States.
Internal migration was influenced by the mining industry throughout the country, the discovery of gold and silver. The native people of America moved from their original land to another. Another important event was "The Homestead Act" in 1862, with this the government provided any adult citizen who could stay for 5 years an amount of 160 acres for the cultivation of this land
Answer:
True.
Explanation:
Presentation can be defined as an act of talking or speaking formally to an audience in order to explain an idea, piece of work, project, and product with the aid of multimedia resources or samples.
Formatting is a feature found in a lot of word processing software applications such as Microsoft Word, Notepad, etc., which is designed to avail end users the ability to apply specific formatting options such as cut, bold, italics, underline, etc., to texts based on certain defined criteria.
Basically, it is used for highlighting, emphasize, comparing or differentiating between data (information) stored in a text document.
In this scenario, Todd wants to be sure that the message about a special speaker attending their next meeting is conveyed to the members.
Therefore, he should use a lot of unique formatting such as italics or underlining in the newsletter to be sent out, so as to get their attention.
