Answer: The correct answer is a. debit Unearned Rent Revenue, $2,500; credit Rent Revenue, $2,500.
Explanation: Leyland Realty Company receipt of $15,000 represents an unearned revenue because the 6-month rent has not been utilized. Since the term is for 6 months, monthly amortization would be $15,000 ÷ 6 months = $2,500. This amount now serves as the monthly amortization, which would be unwound to revenue and the amount in liability (unearned revenue) would gradually decrease until it becomes zero.
Now that a month has elapsed (1 July - 31 July), an amount of $2,500 calculated above would be unwound to revenue (income statement) by Debiting Unearned revenue $2,500 and Crediting Revenue $2,500.
Answer:
$11881.4
Explanation:
Given :
Future value, FV = $15,000
Interest rate, r = 6%
Period, n = 4 years
Using the Present Value formula :
PV = FV(1 ÷ (1 + r)^n)
15000(1 ÷ (1 + r)^n)
15000(1 ÷ (1 + 0.06)^4)
15000(1 ÷ 1.06^4)
15000(1 ÷ 1.26247696)
15000(0.7920936)
= $11,881.4
Answer: Reactive Public Relation
Explanation:
Here, in this particular case we can state that the reactive public relation tends to best describe this approach taken by the industry. Traditionally, the reactive public relation is known to be referred when there is a requirement for crisis management. For several organizations , the known resort still tends to be reactive public relation.
The indirect approach is one in all accounting treatments used to generate cash go with the flow announcement. The indirect method uses increases and decreases in stability sheet line items to modify the operating phase of the coins float statement from the accrual technique to the coins technique of accounting.
The coins waft direct approach determines changes in coins receipts and payments, which might be stated in the cash waft from the operations phase. The indirect method takes the internet profits generated in a period and provides or subtracts modifications inside the asset and liability accounts to decide the implied coins float.
The indirect method for a cash flow assertion is a way to give facts that shows how a great deal of cash an organization spent or made all through a certain period and from what assets. It takes the organization's net earnings and provides or deducts stability sheet items to determine whether coins go with the flow.
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The answer in the space provided is informational labeling. It is the labeling where in it helps consumers have the knowledge of the product that they are consuming and in the same time, for the manufacturers to label their offers and practices that could persuade and attract their consumers. It makes consumers have proper selections which is related to the statement above.