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Delicious77 [7]
3 years ago
5

The unearned rent account has a balance of $72,000. if $18,000 of the $72,000 is unearned at the end of the accounting period, t

he amount of the adjusting entry is
Business
1 answer:
bekas [8.4K]3 years ago
5 0

An adjusting entry by definition is an accounting journal at the end of an accounting period which adjust income and expenses so that they comply with the accrual basis of accounting.

In this case, since $18,000 is still unearned, therefore the amount of adjusting entry is:

Adjusting Entry = Balance – Unearned

Adjusting Entry =$72,000 – $18,000

<span>Adjusting Entry = $54,000</span>

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Financial institutions such as commercial banks, bond mutual funds, insurance companies, and pension funds maintain large portfo
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The correct answer is letter "B": unfavorably; increases.

Explanation:

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8 0
3 years ago
In many of the examples of specialization and trade it sometimes seems that one country is?
Y_Kistochka [10]

In many of the examples of specialization and trade it sometimes seems that one country is?

It is getting favored more ideal arrangement over another, but we have near the no experience with the overall thriving created by the trade or prosperity produced by the exchange.

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To learn more about specialization enable countries to trade with one to another country

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6 0
2 years ago
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differential analysis:

                         No further process      Process further         Differential

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3 years ago
In The Federalist paper number 10, James Madison expressed concern over the possibility that both majority and minority factions
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A because it’s considered background info
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