Answer:
Amount of adjusting entry was $400
Remaining Balance of Prepaid rent account was $800
Explanation:
Prepaid Rent Expense account is made to calculate the remaining balance of prepaid rent:
Prepaid Rent Account DR. CR. Balance
Apr 1. Prepaid rent $1,200 $1,200
Apr 30. Rent Expense for April $400 $800
The remaining balance of prepaid rent account was $800.
$400 was transferred to expense account because rent expense was accrued and adjusted for one month as follows
$1,200 x (1/3) = $400
The remaining balance is $800 ( $1,200 - $400 ).
<span>Carlos is least likely to learn how to role play employee dismissals. This activity does not tie directly tie into Carlos's position as marketing manager. Dismissing employees would most likely be handled by the HR department, not by someone who main goal is to develop marketing strategies. The other choices would make more sense to learn because they are situations that Carlos could possibly have to deal with. He has to solve problems with his position, and he would probably encounter dilemmas and have to use disciplinary actions when dealing with his subordinates.</span>
Answer:
Substantially all of the fair value of the asset
Explanation:
A lease is a contractual arrangement by which a lessor provides a lessee the right to use an asset for a specified period of time.
A financial leases is when a lessee has, in substance, purchased the lease asset, assumed when one of five classification is met. which are
1. The agreement specifies that ownership of the asset transfer to the lessee
2. The agreement contains a purchase option that the lessee is reasonably certain to exercise (bargain purchase option)
3. The lease term is for "major part" of the remaining economic life of the underlying asset.
4. the present value of the lease payments equals or exceeds "substantially all" of the fair value of underlying asset.
5. The underlying assets is of such a specialized nature that it is expected to have no alternative use to the lessor at the end of the lease term.
Answer:
The correct answer is option (D).
Explanation:
A driver's license is an identity proof but it is not sufficient to verify Javier's eligibility to work in the U.S. as it does not show eligibility for employment. The driver's license is a license provided by the administration to the capable person to drive the vehicle.
While the other options are incorrect because:
- A U.S. birth certificate is incorrect because it is sufficient to verify Javier's eligibility to work in the U.S. as it verifies the eligibility for employment.
- A U.S. passport also verifies the eligibility for employment and hence it is incorrect.
- A permanent resident card is incorrect because it also works as a identity and verifies eligibility for employment.
Companies provide insurance plans to employees as a means of having employee loyalty and retention.
<h3>What is insurance?</h3>
Insurance is a policy contract, in which an individual gets financial protection or compensation against losses from an insurance company. Insurance company pool clients' risks to make payments more affordable for the insured.
Companies provide insurance plans to employees as a means of having loyalty and retention. This is because offering group health insurance can help small businesses keep their top employees on a long term basis.
Also, companies provide insurance plans to employees in order to make medical coverage more accessible and affordable to their employees.
Therefore, companies provide insurance plans to employees as a means of having employee loyalty and retention.
Learn more about insurance here: brainly.com/question/2495777o