The ending balance of prepaid expense can be calculated using the following formula:
Ending balance = Beginning Balance + Debit entries – Credit Entries
We are given the following information:
Beginning Balance = $240,000
Total Debit entries = $110,000
Total Credit entries = $80,000
Hence,
Ending balance = 240000+110000-80000 = 270,000
The ending balance of prepaid expense shall be <u>$270,000
</u>
Mercury hope i helped #im a beast
<span>Why is a relentless workaholic quickly overwhelmed? A relentless workaholic is quickly overwhelmed because they tend to try and do many tasks at once. They are constantly trying to stay busy which often results in being overwhelmed and inefficient. If they were to focus more on individual tasks, they would be less overwhelmed. </span>
When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.
<h3>What is a straight rebuy?</h3>
This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.
The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.
Read more on a straight rebuy here:
brainly.com/question/8530057
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Answer:
b. an admission in court.
Explanation:
An admission in the law of evidence is a prior statement by an adverse party which can be admitted into evidence over a hearsay objection. In general, admissions are admissible in criminal and civil cases
