Answer:
Balance = $1,650
Explanation:
As Norma company has paid 4 months rent in advance, therefore at the end of June, norma company will record its 1-month expense as follows
Adjusting entry at the end of June would be
DEBIT CREDIT
Entry
Rent Expense $550
Prepaid Rent $550
The balance on Norma's prepaid expense would be
Prepaid Rent = $2200
Rent Expense = ($550)
Balance = $1,650
Answer:
to get stronger and have more power
Answer:
The Correct answer is $85 U.
Explanation:
Spending change is the contrast among the real and expected (planned) measure of a cost
Genuine Spending on cleaning equipment and supplies in April = $3,450
Planned Spending in cleaning equipment and supplies in April = $2600 + $51 × 15 boat = $ 3365
Difference among Budgeted and Actual is $ 85 for example abundance spending than planned subsequently this difference is Unfavorable for organization.
Answer: vertical analysis
Explanation:
Vertical analysis is when each item on a financial statement is compared with a total amount from the same statement.
Vertical analysis refers to a financial statement analysis method whereby each line item in a statement is listed as a percentage of the base figure. In such case, each amount in the income statement will then be restated as a percentage of sales.
None of the above, you would want to work or a while to have money for living after retirment.
