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SashulF [63]
3 years ago
15

If the prepaid rent account before adjustment at the end of the month has a debit balance of $2,800, representing a payment made

on the first day of the month, and if the monthly rent was $700, the amount of prepaid rent that would appear on the balance sheet at the end of the month, after adjustment, is
Business
1 answer:
Fudgin [204]3 years ago
5 0

Answer:

$2,100

Explanation:

The amount that will appear in the balance sheet after the adjustment of the rent expense of the $700 during the month is given as follow:

Amount of prepaid rent on balance sheet at the end of month=Debit balance of prepaid rent-monthly rent expense for the month

Amount of prepaid rent on balance sheet at the end of month=$2,800-$700

                                                                                                       =$2,100

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Have some points anyone i dont care :)
VARVARA [1.3K]

Answer:

Hey

Explanation:

Thanks so much.............

4 0
2 years ago
Read 2 more answers
A buyer values a house at $525,000 and a seller values the same house at $485,000. If sales tax is 8% and is levied on the selle
Katena32 [7]

Answer:

$523,800

Explanation:

Given parameters:

Cost price by buyer = $525000

Selling price by seller = $485000

Sales tax = 8%

Unknown:

The lowest selling price by the seller = ?

Solution:

To solve this business problem, we must understand that the price the seller would be will to part with will be his selling price and the percentage of sales tax incurred in the procurement.

This will be the minimum and least profitable estimated amount the seller is willing to sell at.

   Lowest selling price = selling price by seller + amount of sales tax incurred

Sales tax amount = selling price x sales tax percentage

                             = $485000 x \frac{8}{100}

                              = $38800

Lowest selling price = $485000 + $38800 = $523,800

4 0
3 years ago
an employer requires a college degree to work in any position in the company. what part of title vii could apply?
Artist 52 [7]

Title VII is known to be against employment discrimination using race, color, religion, sex and national origin.

The part of Title VII that could apply is Disparate treatment.

  • Disparate treatment is simply regarded as a form of unlawful discrimination in US labor law.

The United States ensure that unequal behavior toward someone because of a protected characteristic are statef under Title VII of the United States Civil Rights Act.

It is very a common type of discrimination. An example is when be an employer giving a certain job to all of the men who apply for a job but to none of the women.

Learn more from

brainly.com/question/14337996

5 0
3 years ago
Mike Hansen has adjusted gross income of $28,350. During the year, Mike decided he needed a larger home. He purchased a home on
storchak [24]

Answer:

<u>$0 (None)</u>

Explanation:

Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.

However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>

6 0
4 years ago
U.S. companies moving into the international market need to be sensitive to the need for local country or regional responsivenes
Nimfa-mama [501]

Answer: consumer needs, political and legal structures, and social norms vary by country.

Explanation:

It should be noted that different countries have different customer needs, values and social norms with regards to how business is done.

Therefore, it's vital for any company that's moving into the international market to always have this in mind and therefore should be sensitive to these needs in order to achieve its goals.

7 0
3 years ago
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