1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Luba_88 [7]
3 years ago
15

$

Business
1 answer:
pashok25 [27]3 years ago
3 0

Answer:

english pls

Explanation:

You might be interested in
On June 1 of Year 1, a company paid $2,400 cash to rent office space for one year beginning immediately. Based solely on this in
Neporo4naja [7]

With an assumption that the company's accounting year is same as the calender year, the income statement would show $1,000 of rent expense.

<h3>What is an income statement?</h3>

An income statement refers to a financial statement that shows a firm's income and expenditures for an accounting year.

Rent expenses = $2,400 prepaid rent / 12 months

Rent expenses = $200 per month

Rent expenses = $200 rent expense per month x 5 months (in Year 2)

Rent expenses = $1,000 rent expense

In conclusion, with an assumption that the company's accounting year is same as the calendar year, the income statement would show $1,000 of rent expense.

Read more about income statement

<em>brainly.com/question/24498019</em>

7 0
2 years ago
On December 1, 2017, Prosen Distributing Company had the following account balances.
maxonik [38]

Answer:

if i was u i would dived and split it into 2rolls to help me

Explanation:

i would do it but i kinda dont have time right now i hope this helps u "WHOLE LOTTA LOVE'

5 0
3 years ago
Western Country Corporation made sales of $ 850 million during 2018. Of this​ amount, Western Country collected cash for $ 710 m
trapecia [35]

Answer:

We have to find Western Country Corporation's net income, and cash balance at the end of 2018.

The answers are:

Net Income = $200 million

Ending cash balance = $100 million

Explanation:

Net income is equal to sales revenue - cost of goods sold - other expenses

Net Income = $850 million - $255 million - 425 million

                   = $200 million

Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)

Ending cash balance = $85 million + $710 million - $400 million - $285 million

                                   = $110 million

5 0
3 years ago
In what areas is Leslie’s understanding hurting her budget?
earnstyle [38]

Answer:

<h2>Leslie's budget is hurting in the areas of transportation, groceries, phone and dining out. </h2>

Explanation:

<h2> For transportation, money is required for each da.</h2><h2 /><h2>PURPLE YOU ALL</h2><h2 /><h2 />
3 0
3 years ago
Which of the following is NOT true of high-technology industries? Select one: a. Later entrants can avoid the mistakes made by f
Zielflug [23.3K]

Answer:

Correct option is B.

First movers have an advantage because their customers avoid switching costs.

Explanation:

First movers have an advantage because their customers avoid switching costs. This is not true about High- Technology Industries.

3 0
3 years ago
Other questions:
  • Rupesh is mowing grass to save money for a vacation. he charges $12 per yard. rupesh already has $40 and wants to have at least
    15·1 answer
  • On July 31, the bookkeeping account Supplies Inventory shows a debit balance of $1,000. A physical inventory taken on that date
    9·1 answer
  • Jackpot Mining Company operates a copper mine in central Montana. The company paid $2,000,000 in 2021 for the mining site and sp
    5·1 answer
  • What is the Consumer Price Index (CPI) and how is it determined each month? How does the Bureau of Labor Statistics (BLS) calcul
    9·1 answer
  • Rice Industries owns a manufacturing plant in a foreign country. Political unrest in the country indicates that Rice should inve
    9·1 answer
  • The time value of money reflects the fact that: a.a covenant requires the borrower to agree not to borrow any additional funds u
    12·1 answer
  • According to Goldratt: Two activities scheduled to be carried out sequentially and using the same scarce resource benefit from h
    7·1 answer
  • If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, what will the av
    5·1 answer
  • Edison consulting received a $520 utilities bill and immediately paid it. edison's general journal entry to record this transact
    14·1 answer
  • which type of grant is often used by the national government to indirectly promote business development?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!