A Web site is an example of a cross channel of communication. A. True B. False

If a cash basis business owner pays 18 months of rent expense in advance during the last month of the tax year, how is this trea

borishaifa [10]

Answer:

Check the following consideration

Explanation:

Since the business owner follows cash basis of accounting the treatment is amount expensed during the financial year can be shown as expenses. hence in the current case rent for 18months can be shown as expenses for that financial year and it can be shown as a deduction while computing tax liability.

7 0

3 years ago

Once a firm has gained insights from doing qualitative research, it is likely to engage in Blank______ research, which are struc

son4ous [18]

After a firm has acquired insights and information from qualitative research, it might engage in Quantitative research.

<h3>What is Quantitative research?</h3>

This is research that involves using numerical data to find out more on a certain issue.

In business, after qualitative research is done, companies usually engage in quantitative research in order to support the results they found from the qualitative research with numerical data.

In conclusion, option A is correct.

Find out more on quantitative data at brainly.com/question/1716144.

6 0

2 years ago

NO HACKERS!!!!!!!!!!!!! I NEED HELP URGENTLY!!!!!!! I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!

natima [27]

Answer:

An open office

Explanation:

There are not that many employees, therefore, means there is not a lot going on.

Definition:

A closed office offers relative privacy and quiet. An open office is where an entire floor, or certainly a large room, holds all of the firm's employees, separated only by desks,

with the workers generally sitting alongside one another. There are no internal walls in an open office, and consequently, no barriers.

6 0

2 years ago

Read 2 more answers

Consider the following two securities X and Y.

Hitman42 [59]

Find out how we prove our commitment to our employees every day

Ask us about a new mortgage, existing account or refinancing

Manage balances, payments, alerts and much more

3 0

4 years ago

Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March Marc

san4es73 [151]

Answer:

1. Prepare general journal entries to record these transactions using the following titles:

March 1

Dr Cash (101) 175,000

Dr Office Equipment (163) 26,000

Cr Common Stock (307) 201,000

March 2

Dr Prepaid Rent (131) 6,000

Cr Cash (101) 6,000

March 3

Dr Office Equipment (163) 3,800

Dr Office Supplies (124) 2,200

Cr Accounts Payable (201) 6,000

March 6

Dr Cash (101) 4,500

Cr Services Revenue (403) 4,500

March 9

Dr Accounts Receivable (106) 10,900

Cr Services Revenue (403) 10,900

March 12

Dr Accounts Payable (201) 6,000

Cr Cash (101) 6,000

March 19

Dr Prepaid Insurance (128) 6,400

Cr Cash (101) 6,400

March 22

Dr Cash (101) 4,000

Cr Accounts Receivable (106) 4,000

March 25

Dr Accounts Receivable (106) 5,330

Cr Services Revenue (403) 5,330

March 29

Dr Dividends (319) 5,400

Cr Cash (101) 5,400

March 30

Dr Office Supplies (124) 1,700

Cr Accounts Payable (201) 1,700

March 31

Dr Utilities Expense (690) 1,400

Cr Cash (101) 1,400

2. Post the journal entries from part 1 to the ledger accounts.

Account Description Debit Credit

101 Cash 175,000

6,000

4,500

6,000

6,400

4,000

5,400

1,400

101 Cash 158,300

106 Accounts Receivable 10,900

4,000

5,330

106 Accounts Receivable 12,330

124 Office Supplies 2,200

1,700

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 26,000

3,800

163 Office Equipment 29,800

201 Accounts Payable 6,000

6,000

1,700

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

403 Services Revenue 4,500

10,900

5,330

403 Services Revenue 20,730

690 Utilities Expense 1,400

3. Prepare a trial balance as of April 30.

Account Description Debit Credit

101 Cash 158,300

106 Accounts Receivable 10,900

106 Accounts Receivable 12,330

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 29,800

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

Retained earnings 11,000

403 Services Revenue 20,730

690 Utilities Expense 1,400

TOTAL 234,430 234,430

6 0

4 years ago