Answer:
Amount of adjusting entry was $400
Remaining Balance of Prepaid rent account was $800
Explanation:
Prepaid Rent Expense account is made to calculate the remaining balance of prepaid rent:
Prepaid Rent Account DR. CR. Balance
Apr 1. Prepaid rent $1,200 $1,200
Apr 30. Rent Expense for April $400 $800
The remaining balance of prepaid rent account was $800.
$400 was transferred to expense account because rent expense was accrued and adjusted for one month as follows
$1,200 x (1/3) = $400
The remaining balance is $800 ( $1,200 - $400 ).
<span>I think this is the answer A. computers for government offices. As there are only physical stuff. </span>
Answer: 2.5186 percent
Explanation:
First you have to understand that the payment includes Payment Interst plus Debt Payment and that the Payment Balance is the Loan Amount minus the Debt Payment; with this information you calculate the Loan Amount that is 260,500.00 and calculate the rate per month (use the interest debt / Loan Amount) which results in 0.2075 percent (TEM). To calculate the annual interest rate you use the formula to convert to TEA which is ((1+TEM)^12)-1).
Answer:
The main determinant of profit is in any business is the number of production units.
Hope this helps..
Explanation:
This given scenario is an example of keiretsu.
<h3>What is a Keiretsu?</h3>
This refers to the conglomerate of businesses that are linked together based on shared holdings and is a popular business term in Japan.
Hence, we can see that based on the given scenario about the business partnership between Toyota and Tomo Tires, they work together on product development, finance, and marketing. This is an example of a keirestsu.
Read more about Keiretsus here:
brainly.com/question/23874305
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