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lapo4ka [179]
2 years ago
6

The trial balance for Splish Brothers Inc. appears as follows: Splish Brothers Inc. Trial Balance December 31, 2022 Cash $340 Ac

counts Receivable 595 Prepaid Insurance 93 Supplies 205 Equipment 4560 Accumulated Depreciation, Equipment $680 Accounts Payable 438 Common Stock 1370 Retained Earnings 1600 Service Revenue 3415 Salaries and Wages Expense 1140 Rent Expense 570 $7503 $7503 If as of December 31, 2022, rent of $171 for December had not been recorded or paid, the adjusting entry would include a: debit to Rent Expense for $171 debit to Rent Payable for $171 credit to Cash for $171. credit to Accumulated Rent for $171.
Business
1 answer:
STatiana [176]2 years ago
8 0

Answer:

debit to Rent Expense for $171

Explanation:

The adjusting entry would be

Rent Expense  $171

          To Rent expenses payable $171

(Being Rent expense accounted is recorded)

Here the rent expense is debited as it increased the assets and credited the rent expense payable as it also increased the liabilities

Therefore the a option is correct

ANd, the rest of the options would be wrong

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Match each situation with the benefits that professional organizations provide
Lerok [7]

Answer:

Bob wants to gain extra  knowledge by joining a professional organization - professional growth and  development.

Libby seeks money for  research in a particular field- scholarship

Joseph wants to know the  latest legislation pertaining  to his industry-certification

Debby wants to work as  an intern under the guidance  of an expert in her field -mentoring

Chad likes to meet with members of his fraternity to  get a better perspective  of their work - Networking

Explanation:

Bob wants to gain extra  knowledge by joining a professional organization - professional growth and  development. This is because any attachments to professional organization is always a professional development.

Libby seeks money for  research in a particular field- scholarship. Because when you ask for money for studies, research or a university based project, including PhDs, is always either a scholarship or a grant.

Joseph wants to know the  latest legislation pertaining  to his industry-certification. Any formal studies in corporate or industry is a certification, just like when you study in school/university you get degree.

Debby wants to work as  an intern under the guidance  of an expert in her field -mentoring. Whenever anyone seeks help from an expert, supervisor or managers, the person who helps is a mentor.

Chad likes to meet with members of his fraternity to  get a better perspective  of their work - Networking. Meeting and icebreaking is a way to networking, to socialize and know more.

7 0
3 years ago
Using a systematic process and practicing writing can help a business writer become better at which writing skills? Check all th
evablogger [386]

Answer:

The correct answer is letter "A" and "D": Focusing on the concerns of the audience; Being purposeful.

Explanation:

While writing business reports, it is important to be concise and short. The message provided must go<em> straight to the purpose</em> of writing the report. Statistical data should be considered without making it the center of the report -unless necessary- because the objective is always capturing the <em>audience's attention</em> with simple but meaningful facts.

6 0
3 years ago
Which fact supports the idea that renting is a good
kipiarov [429]

The fact that support the idea that renting is a good is Landlords take care of most maintenance.

<h3>What is renting?</h3>

Renting refers to an agreement where a payment is made for the temporary use of a good, service or property owned by another.

It is obtaining a owner's property, in return for regular payments.

Hence, the fact that support the idea that renting is a good is Landlords take care of most maintenance.

Learn more about renting here : brainly.com/question/13393299

#SPJ1

3 0
1 year ago
what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?​
Marysya12 [62]

<u>Explanation:</u>

Remember, MTV is a cable TV company initially founded in the United States.

Political challenges:

There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.

Economic challenges:

The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.

Competitive challenges:

Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.

6 0
3 years ago
Deere company holds a​ $10,000 note receivable dated july​ 1, 2015, with​ 10% interest. what adjusting entry is needed on decemb
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<span>b. debit interest receivable for​ $500 and credit interest revenue for​ $500
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