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poizon [28]
3 years ago
14

A gain or loss may be incurred if the sale or trade of an asset is greater than or less than the __________ value of the asset.

Business
1 answer:
posledela3 years ago
6 0
Your answer will be a
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XYZ Company received $18,000 on April 1, 2020 for one year's rent in advance and recorded the transaction with a credit to a nom
djverab [1.8K]

Answer:

Dr Rent revenue

Cr Unearned rent revenue, $4,500

Explanation:

Preparation of XYZ Company Journal entry

Since we were told that the Company received the amount of $18,000 on April 1, 2020 for a one year's rent paid in advance in which the transaction has a credit to a nominal account, this means we have to record the transaction by Debiting Rent revenue with 4,500 and Crediting Unearned rent revenue, with the same amount of $4,500 calculated as

(3/12 x $18,000 ).

Dr Rent revenue

Cr Unearned rent revenue, $4,500

(3/12 x $18,000 )

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Demand for individual products can be driven by product life cycles. <br> a. True <br> b. False
Ray Of Light [21]
True djtvfegjuthbggh
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3 years ago
is the term used to describe the ongoing exchange of ideas, money, goods and services, art works, and languages among nations an
Tamiku [17]

<u>Globalization</u> is the term used to describe the ongoing exchange of ideas, money, goods, services, artworks, and languages among nations and across cultures. It is used to describe how theatre productions can be created across international boundaries.

So if the corporation is there to provide services and infrastructure to aid the making of a program, then it's a production services agency, like XYZ manufacturing organization. An employer that offers creative offerings and paths for a couple of applications and clients, is QRSTUV productions.

Production is the process of making or manufacturing items and merchandise from raw materials or components. In other phrases, manufacturing takes inputs and uses them to create an output that is in shape for intake – a good or product that has a price to a quit-person or purchaser.

Manufacturing is the method of creating, harvesting, or creating something or the quantity of something that became made or harvested. An instance of production is the introduction of furniture. An instance of production is harvesting corn to eat. An example of manufacturing is the amount of corn produced.

Learn more about productions here productionsbrainly.com/question/16790743

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8 0
2 years ago
The next model of a sports car will cost 12.6% less than the current model. the current model costs $31,000 . how much will the
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3 years ago
Business are hiring workers and GDP starts to increase as consumer spending increases.
satela [25.4K]

Answer:D Expansion

Explanation:

Economics Definition of Expansion is: It is a period of economic growth as measured by a rise in real GDP.

3 0
3 years ago
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