1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
CaHeK987 [17]
3 years ago
13

On August 1, 20Y1, Newhouse Co. received $39,110 for the rent of land for 12 months. Journalize the adjusting entry required for

unearned rent on December 31, 20Y1. Round your final answer to the nearest dollar amount. If an amount box does not require an entry, leave it blank.
Business
1 answer:
Marta_Voda [28]3 years ago
3 0

The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

<h3 /><h3>Unearned rent</h3>

Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:

31 December

Debit Unearned rental revenue $16,296

Credit Rental revenue $16,296

($39,110×5/12)

(To record unearned rent)

Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

Learn more about unearned rent here:brainly.com/question/4260123

You might be interested in
The _____ is capable of imaging atoms and incorporating nanomaterial layers into hard disk recording heads and magnetic disk coa
SIZIF [17.4K]

The <u>scanning</u><u> </u><u>tunneling </u><u>microscope</u> is capable of imaging atoms and incorporating nanomaterial layers into hard disk recording heads and magnetic disk coatings. Read below on scanning tunneling microscope.

<h3>What is scanning tunneling microscope?</h3>

Scanning Tunneling Microscope is a high-resolution microscope using neither light nor an electron beam, but with an ultra-fine tip able to reveal atomic and molecular details of surfaces.

Therefore, the correct answer is Scanning Tunneling Microscope.

learn more about scanning tunneling microscope: brainly.com/question/16710784

#SPJ12

4 0
2 years ago
During the current year, Bradford Company purchased some of the 90,000 shares of common stock, par $ 6 , of Hall, Inc., as a lon
jok3333 [9.3K]

It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.

The various journal entries on the transaction occured would be  made as under:

No. Account Name                     Debit                                Credit

1. Investment                         1296000  

 Cash                                                                         1296000

     

2. Investment                           97650  

 Investment income

           (217000 x 45%)                                                            97650

     

3. Cash                                       64800  

 Investment (1.60 x 40500)                                                64800

         

The effect on the cash flow statement will be:

Operating activities:  

                                   No effect        0

Investing activities:  

        Purchase of investment -1296000

            Receipt of dividends 64800

The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.

Learn more about The share market here:- brainly.com/question/690070

#SPJ4

 

3 0
2 years ago
Cbs company invested in a project that is expected to have an annual cash flow of $10,000. the project's life is five years and
Shtirlitz [24]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv initial investment?
PMT annual cash flow 10000
R interest rate 0.14
N time 5years
Pv=10,000×((1−(1+0.14)^(−5))÷(0.14))
pv=34,330.81
5 0
4 years ago
In a certain country, the labor force is 30 million and the unemployment rate is 5 percent. what is the amount of unemployed ind
meriva
Given the number of the total population who belonged in the work or labor force which is 30 million, and the recorded percentage of those who are unemployed is 5 percent, this means that a number of unemployed individuals in this country is 1,500,000. Hope this helps.
3 0
3 years ago
The number of different people or households exposed to an advertisement is referred to as.
gulaghasi [49]

The different kind of the people exposed to the advertisement is known as Audience.

<h3>What is Advertisement?</h3>

Advertisement is the Strategy adopted by the producer of the goods and services in order to attract the customers. It is a type of the promotion of the product done by the company.

Advertisement helps to grasp the more and more consumers which is also referred as Audience.

Learn more about Advertisement here:

brainly.com/question/3463451

#SPJ1

7 0
2 years ago
Other questions:
  • As a prospective owner of a club known as the Red Rose, you are interested in determining the volume of sales dollars necessary
    6·1 answer
  • What is a check provided to you by a credit card issuer that you can use to access your credit card line of credit called?
    9·1 answer
  • Sand, Inc. has outstanding $5,000,000, 10%, 20-year bonds. The bonds are callable at 104 on any interest date. The bonds were is
    11·1 answer
  • the biggest challenge facing the growth of new franchises is: A) market saturation B)competition from independent entrepreneurs
    14·1 answer
  • Horizontal analysis: Multiple Choice Evaluates financial data across industries. Is a method used to evaluate changes in financi
    5·1 answer
  • Things were great at Elm Street bank. The bank had installed hidden cameras, a fancy alarm system, and bars on entrance and exit
    8·1 answer
  • An individual producer or a consumer "internalizes an externality" when
    13·2 answers
  • As a result of a decrease in the price of gasoline, consumers can afford to buy more gasoline for more driving trips. This is an
    7·1 answer
  • What happens to the market outcome if cartel members cheat on the collusive agreement?
    7·1 answer
  • A<br> Advantages of Product Added Mothed<br> Accounting<br> in National income
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!