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iris [78.8K]
3 years ago
14

What is the main difference between renting and leasing?

Business
1 answer:
jenyasd209 [6]3 years ago
6 0

Answer:

C-When you lease you normally have a longer term contract and can't move

out early without paying big penalties.

Explanation:

The difference between lease and rent is that a lease generally lasts for 12 months while a rental agreement generally lasts for 30 days

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Answer:

Explanation:

$1,050,000

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3 years ago
A(n) ________ strategy focuses on new market and product development, innovation, and joint ventures. privatization external gro
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Answer:

Internal growth.

Explanation:

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3 years ago
Jamal recently purchased a cooperative's stock and moved into one of the cooperative's units. what type of lease does jamal have
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3 0
3 years ago
After all revenue and expense accounts have been closed at the end of the fiscal year, Income Summary has a debit of $2,450,000
murzikaleks [220]

Answer:

income summary   550  debit

     retained earnings      550 credit

--to close income sumary against RE--

Explanation:

To complete the closing entries we should determinate the balance of the Income Summary account and then, transfer into Retained Earnings.

 Income Summary

<u>   Debit        Credit   </u>

2,450

<u>                    3,000    </u>

Balance          550

We will debit income summary so his blanace ends in zero and credit retained earnings so net income is accumualted and added into equity to represent it in the balance sheet.

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Why do large media companies have so much control
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Answer: Big Tech companies thrive on consumer data.

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