Answer:
b specialized
Explanation:
it the one that makes the most sense
I had a quiz like this back in 9th grade, even though what goes in the blank is less predictable. Glad to help :)
Answer:
Debit to Unearned Rent
Credit to Rent Earned for $2,925
Explanation:
Given:
Amount of total rent = $7,800
Computation:
Amount unearned = Amount of total rent (3months / 8 months)
Amount unearned = 7,800 [3/8]
Amount unearned = $2,925
Journal entry:
Unearned rent A/c Dr $2,925
Rent A/c Cr $2,925
[Debit to Unearned Rent
Credit to Rent Earned for $2,925]
Answer:
More resources, less responsibility