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Montano1993 [528]
3 years ago
9

Journal Entry

Business
1 answer:
Contact [7]3 years ago
4 0

Answer:

Explanation:

unearned rent         6000 (debit)

    Rent revenue.                       6000 (credit)

to record 2 months of realized rent revenue

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Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
galina1969 [7]

Answer:

c. $6,076

Explanation:

Calculation for what Alison should record the purchase

Purchase=$6,200 ×(100%-2%)

Purchase=$6,200 ×98%

Purchase=$6,076

Therefore if Alison uses the net method to record purchases she should record the purchase at:$6,076

7 0
3 years ago
Sunland company installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $12,0
padilas [110]

Answer:

D. $42,000 should be debited to Land Improvements

Explanation:

The cost of the land housing the parking is recorded in the land account. Other costs such as paving cost and lights are improvements and as such are added and recorded in the Land Improvements accounts.

Total Land improvements = $30,000 + $12,000

= $42,000

The right answer is D. $42,000 should be debited to Land Improvements.

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3 years ago
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someone who's mad and wierd like me......

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Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
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All other variables held constant, investments paying simple interest have to pay significantly higher interest rates to earn th
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