Answer and Explanation:
The adjusting entry is as follows;
Rent expense dr ($17,760 ÷ 6 months) $2,960
To prepaid rent $2,960
(being the rent expense is recorded)
Here the rent expense is debited as it increased the expense and credited the prepaid rent as it decreased the assets
<u>Answer:</u>
The correct option is Unit of account
<u>Explanation:</u>
One of the functions of money is Unit of accounts in economics. The worth of an object is measured in a distinct currency. One of the downfalls of unit of account is that it is regarded as the steady unit of account but inflation factor devastate the said assumption that money is steady. It is regarded as the basic property of the money.
Thus, the correct option will be Unit Of Account.
Answer:
A company is licensing its products when it allows a foreign company to pay it a fee to make or distribute the first company’s product or service.
Explanation:
Licensing is a phenomenon which refers to the attainment of permission from a company, the licensor, to be able to produce and sell their products in their own market area.
If the company agrees to this, the lisencee usually requires for the manufacturer to pay a royalty fee to the original owner of the product in exchange for letting them use their products and brand name and etc.
B - because primary research is research done by the person collecting the data, it provide feedback which would be directly related to it's subject - in this case it's needs.
A trust is the arrangement that ensures that the portion of Jade's assets are used to support her local art museum each year.
<h3>What is a
trust?</h3>
This refers to the right in property that is held in a fiduciary relationship by one party for the benefit of another.
The trustee will hold the portion of Jade's assets to support her local art museum each year.
Therefore, the Option D is correct.
Read more about trust
<em>brainly.com/question/8052465</em>
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