Answer:
E
Explanation:
Internal secondary data is found inside a organization, while external secondary data is information collected and sotred by some person or organization outside the organization. A index raking report is made by some person outside the organization itself, and makes a report to be more objective.
Answer and Explanation:
b. discarding an asset that had been fully **depreciated**
"Ecotourism" is the one way among the following choices that are given that <span>economies in southern and Eastern Africa are overcoming the economic challenges. The correct option among all the options that are given in the question is the third option or option "c". I hope the answer has helped you.</span>
Answer:
The adjusting entry to be made by the Swifty Corporation is:
Rent Expense $3,040 (debit)
Prepaid Rent $3,040 (credit)
Explanation:
On the day the cash was paid, the entries will be :
Prepaid Rent $18240 (debit)
Cash $18240 (credit)
On the day the financial statements are prepared, rent for one month would have expired, the adjusting entries will be :
Rent Expense $3,040 (debit)
Prepaid Rent $3,040 (credit)
Conclusion :
We are recognizing an Expense ; Rent Expense and de-recognizing an Asset : Rent Prepaid.
