Answer and Explanation:
The journal entry to record the given transaction is shown below:
Prepaid rent Dr $10,140
To Cash $10,140
(Being the prepaid annual rent paid in cash is recorded)
For recording this we debited the prepaid rent as it increased the assets and credited the cash as it reduced the cash so that the proper posting could be done
Answer:
C) Most private and public workers have the right to hold an election to choose what union they want to represent them, if any.
Explanation:
An employee is generally not required to join a union even, in most cases if a union exists and it has an agreement with the employer regarding employees joining it, the most it can do is charge everyone the union fees. This means that the employees are required to pay union fees even if they do not want to join the union. Full union membership cannot be required.
Also, employees are free to decide in an election to what union they want to belong to, or if they want to belong to any type of union at all. E.g. most of the employees from foreign car manufacturers have chosen not to join the UAW union (Toyota, Honda, Mercedes Benz, BMW, etc.).
The secured credit cards are backed by a collateral deposit against the risk of default in repayment by the cardholder. Each card is liable to be repaid by the cardholder with the amount of purchases being made.
<h3>What is a credit card?</h3>
A card, or a form of plastic money, issued by a financial institution in such a way that the person to whom such card is issued can utilize it to purchase goods and services on credit, is known as a credit card.
A secured credit card is a safe and risk-free form of issue for the issuer, as it is covered by a security deposit as a collateral. Repayment is done either out of the deposits, or by manual payment by the cardholder.
Hence, the significance of a credit cards is given.
Learn more about credit cards here:
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2. Safe and 3. Easy to buy
While savings bonds are tax exempt for state and local purposes, you will pay federal income tax when you redeem the savings bond (1. no taxes).
These savings bonds are safe because they are sums lent to the US government and protected and backed by their powers (2. safe). In addition, they are easy and convenient to buy because of the low minimums and the online purchase system on the Treasury website (3. easy to buy).
They are not matched deposits (4. matched deposits). While you may receive them as gifts, you cannot redeem these gifts for a number of years, making them non-fungible (5. Great as gifts). Finally, there is a myth that these are good for the United States government but really they are merely backed and protected by the United States government as a savings mechanism. Saving is good for the US economy but does not have a truly meaningful impact on the US government.
Answer:
Explanation:
Building and Construction Industry Security of Payment Act 2002. Architects Act 1991. Occupational Health and Safety Act 2004. Domestic Building Contracts Act 1995.
