Answer:
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.
Explanation:
When an amount is paid in advance, the entries posted are
Debit Prepaid Advertising
Credit Cash account (with the amount prepaid)
As the expense is incurred, entries required would be
Debit Advertising expense
Credit Prepaid Advertising (with the amount incurred)
Expense incurred in 5 months
= 5/6 × $1100
= $916.67
Hence the entries required will be
Debit Advertising expense $916.67
Credit Prepaid Advertising $916.67
Being entries to recognize advertising expense incurred for 5 months.
Answer:
The correct answer is B. They increase consumption and decrease investment.
Explanation:
It should be taken into account that in the fourth quarter of the year the company did not produce any type of consumer goods, it only did so in the third quarter and subsequently sold them. For this reason there was an increase in consumption when acquired by consumers, and the investment decreased because they were goods produced in another period.
Answer:
B. a debit to Interest Expense for $ 42 comma 750.
C. a credit to Cash of $ 137 comma 750.
Explanation:
Payment of Note Payable includes the payment of interest on the outstanding balance and principal amount of the note. In this question it is the first payment of the note payable, so the outstanding balance is the face value of the note, Interest is calculated using this value, A fix payment of $95,000 is also made.
As per given data
Principal Payment = $95,000
First Interest payment = $475,000 x 9% = $42,750
Total Payment = $95,000 + $42,750 = $137,750
Journal Entry for first payment
Dr. Interest Expense $42,750
Dr. Not Payable $95,000
Cr. Cash $137,750
Answer: B) Owners can refuse to rent to prospects who have long hair and ride motorcycles.
Explanation:
The 1968 Federal Fair Housing Laws established that it is illegal to discriminate or refuse housing to a person based on <em>race or color; religion; national origin; familial status or age—includes families with children under the age of 18 and pregnant women; disability or handicap, or sex. </em>
Option A would be considered as a violation of the no discrimination based on race stipulation of the law.
Option C would be a violation of the no discrimination based on sex stipulation of the law.
And Option D would be a subtle violation but nonetheless a violation of the no discrimination based on race stipulation.
Option B is the only option that doesn't seem to break any of the stipulations of the 1968 act.
Answer:
a. had a large number of sophisticated language systems
Explanation:
- The indigenous tribes of the New guinea are Melanesian and Austronesian people and speak Papuans and they are the rarest of the newly evolves tribal population.
- As they have migrated and have a larger sense of the linguistics diversity as the lands were separated from other landmasses till date there are more than 312 tribes on the western side of the inland.
