Answer:
A. Debit Unearned rent revenue for $1,200 and Credit Rent revenue for $1,200
Explanation:
The Journal entry is shown below:-
1. Cash Dr, $7,200
To unearned rent revenue $7,200
(Being six month advance rent is recorded)
2. Unearned rent revenue Dr, $1,200
($7,200 ÷ 6 months) × 1 month
To Rent revenue $1,200
(Being rent earned is recorded)
Answer:
The purchase should stay the same or even increase its number.
Explanation:
To begin with, due to the fact that the income elasticity of peanut butter is exactly -0,7 then that good is inferior and because of that when the income drops by 15 percent next year then the consumer will still be buying the product but in a more frequent way due to the fact that if the income decreases then the demand of that product that tend to be inferior will be available for everyone. That is why, as a manager you should continue to buy peanut butter.
(1) a thesis statement & (3) several subtopics
Answer:
To demonstrate the usage of company products and train employees.
Explanation:
The main purpose of the presentations that Keith is providing to the employees of the software company is to impart complete knowledge of the products to the employees. It is of utmost importance that each employee has complete understanding of the products and services provided by the company and know how to use them.
If any employee fails to understand the usage of the product, he will automatically fail to bring progress to the company as a whole.
Answer: The correct answer is option (A)
Explanation: Activity rates is calculated by dividing the budgeted activity cost by the total activity-base usage.
Activity Rate = (Budgeted Activity cost) ÷ ( total activity base usage)
