Blue Spruce Corp. received a check for $27840 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $27840. Financial statements will be prepared on July 31. Blue Spruce's should make the following adjusting entry on July 31: debit Unearned Rent Revenue, $4640; credit Rent Revenue, $4640. debit Cash, $27840; credit Rent Revenue, $27840. debit Unearned Rent Revenue, $27840; credit Rent Revenue, $27840. debit Rent Revenue, $4640; credit Unearned Rent Revenue, $4640.

Answers

Answer 1

Answer:

debit Unearned Rent Revenue, $4640; credit Rent Revenue, $4640

Explanation:

The journal entry is shown below:

Unearned Rent Revenue ($27,840 ÷ 6 × 1 ) $4,640

           To rent revenue $4,640

(Being the unearned rent revenue is recorded)

here the unearned rent revenue is debited as it decreased the libaility and the rent revenue is credited as it increased the assets

Hence, the option a is correct


Related Questions

A(n)
strategy determines the direction the organization will take in making directional decisions.
A. business
O
B. organizational
C. operational
O
D. corporate

Answers

corporate is the correct answer

If Jason can wash a car in 20 minutes and wash a dog in 10 minutes and Megan can wash a car in 15 minutes and wash a dog in 15 minutes, which of the following statements is true? a. Megan can wash two cars in the time it takes Jason to wash a dog. b. The opportunity cost of washing a car is one dog bath for Jason. c. The opportunity cost of washing a car is greater for Megan. d. Jason has both a comparative and an absolute advantage in washing a dog. e. The opportunity cost of washing a dog is lower for Megan.

Answers

Answer:

d. Jason has both a comparative and an absolute advantage in washing a dog.

Explanation:

Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.

The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.

In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."

Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.

This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).

An absolute advantage can be defined as the ability of an individual such as a producer to produce a good or provide a service in larger (greater) quantity for the same amount of money or the same quantity at a lesser cost or time. Thus, it's the superior capability of an individual over another using the same resources.

Hence, the statement which is true is that, Jason has both a comparative and an absolute advantage in washing a dog because he washes it in 10 minutes while it would take Megan 15 minutes.

make a budget of 2000 dollars for a grade six pupil​

Answers

Answer:

Spend half save half

Explanation:

How to Get rid of my Modules without getting caught by my Mom​

Answers

Answer:

for me going away from home or background of home

Secondary data consist of ________. A) data that is unreliable and unsuitable for the purpose of making marketing decisions B) information collected from conducting personal, in-depth interviews C) data that does not age D) information that already exists somewhere, having been collected for another purpose E) information collected for the specific purpose at hand

Answers

Answer: D) information that already exists somewhere, having been collected for another purpose.

Explanation:

Secondary data in a research is data that has already been collected by others and usually for the another purpose but can be used for the purpose at hand.

These other sources could be from the government or private institutions and individuals but when they are used in research they must be referenced so that viewers know where the information is from.

Secondary data is used in our daily lives. For instance, if you had a weather report and used data from the National Weather Service (NWS), that is secondary data being used.

PLEASE HELP ASAP!! CORRECT ANSWER ONLY PLEASE!!!

ABC Lumber Company has stock with these probabilities of value after five years with an initial investment of $2,000: 55% probability of a $1,800 value, 20% probability of a $2,100 value, and 25% probability of a $2,700 value. What is the expected value of the investment after five years?

A. $2,085

B. $2,000

C. $1,950

D. $1,545

Answers

Answer:

C

Explanation:

Answer:

1,950

Explanation:

HELP ASAP PLZ!!!! Who would be most negatively affected if lower price limits were not in place? Explain your answer

Answers

The minimum wage payed employees would be the most negatively affected because if lower price limits weren’t there, the prices would drop drastically to win the customer’s purchase over other markets or businesses. The big bosses would be then forced to cut money out of their employees salary because of the low revenue in money.



I think that’s a great answer someone correct me if I’m wrong!

AtGlobal, Inc. claimed In Its advertisement that you can buy electronic Items on credit. Which federal law is applicable when AtGlobal, Inc. states
Its credit terms?
A.
Fair Debt Collection Practices Act
OB.
Truth in Lending Act
C.
Fair Credit Billing Act
O D.
Fair Credit Reporting Act
OE.
Equal Credit Opportunity Act

Answers

Answer: c

Explanation:

Net initial investment includes ________. Group of answer choices cash outflow to purchase new equipment, depreciation on new equipment, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment depreciation on new equipment, cash outflow for working capital, and after-tax cash inflow from disposal of the old equipment cash outflow to purchase new equipment, cash outflow for working capital, and depreciation on new equipment

Answers

Answer:

The correct answer is the following option: Cash outflow to purchase new equipment, cash outflow for working capital and after-tax cash inflow from disposal of the old equipment.

Explanation:

To begin with. the term known as "Net initial investment" refers to a concept in the field of business, finances and accounting that represents the total amount of money that the investors a company or a project put it together in order to start the business. It is a very important matter of the capital budgeting use due to the fact that involves the cash for new equipment and new working capital as well as the after-tax cash inflow from disposal of the old equipment. Moreover, the correct apreciation and calculation of this concept involves a major contribution to the final returns to the shareholders, so that puts more importance in the term.

Select the qualification that is best demonstrated in each example.

Hugh is a Court Clerk who schedules appointments for a court of law.

Sergio spends a lot of time each day sorting mail.

Ayesha gathers information by interviewing people and reviewing documents.

Answers

Answer:

organizational skills

patience

research skills

Explanation:

Hugh is a court clerk who makes appointments for a court of law, which illustrates his organizing abilities.Sergio spends a lot of time sorting letters every day. represent your patience.Research abilities are represented by the statement, "Ayesha acquires information through interviewing people and reviewing documents."

What are organizational skills?

A person can increase the effectiveness of problem-solving, future-focused learning, and task completion by using a variety of organizational skills. To achieve a predetermined goal, organization is required to integrate a number of components.

You may use your resources effectively and efficiently if you have the necessary organizational abilities. You can successfully complete all of your allocated chores if you have good time, energy, and workspace management skills. Depending on your employment and job title, organizational abilities can take many different shapes; nevertheless, they almost always involve keeping your workspace organized, managing deadlines, and working effectively with others.

Learn more about organizational skills, from:

brainly.com/question/14897426

#SPJ2

state any five occupation in public service sector and explain at one​

Answers

Answer: Some occupation in government organizations are Mental health therapist, substance abuse counselor, financial case worker, developmental disabilities specialist, public health nurse.

Explanation:

There so many occupation in government organizations, which all work together for the functionality of the society, here are a few;

- Mental health therapist.

- Substance abuse counselor.

- Financial case worker.

- Developmental disabilities specialist.

- Public health nurse.

Public health nurses are nurses who work in government owned hospitals,carrying out their basic roles, and ensuring they do it well treating all patient with fairness and equality.

pleace text me back on her if you subscribe
100 points given

Answers

Answer:

Im so so sorry but I dont know how to do this

Explanation:

3. Which is an example of a financial statement?
a. Bank statement
b. Statement of contributions
C. Fixed and variable statement
d. Periodic statement

Answers

Answer:

i think the answer is

a.)bank statement

Answer: A. Bank statement

state any five occupations in public service sector? Explain any one of them.​

Answers

Answer:

Explanation:

Public service simply refers to the services that are provided by the government. The examples of occupations in the public service sector include:

1. Firefighter

2. Law enforcement officer

3. Custom inspector

4. Military

5. Public health nurse

A law enforcement officer is a person that enforces law. They also help in protecting lives and properties.

Explain how test-marketing can increase profits.

Answers

Answer:

Test marketing holds a lot of importance for the company. It allows

the company to test their product in a small region so as to get an

idea whether the product will work in a bigger market or not.

Through this, the company can measure the performance of the

product and can decide whether it should be released nationwide

for sale. Through this, the company can estimate the earnings that

can be earned through this product beforehand.

Explanation:

Forsyth County charges a 7% sales tax. If you bought a new printer form $3250.00, what is the total cost for the printer?

Answers

Answer:

Total cost = $3477.5

Explanation:

Given the following data;

Sales tax = 7%

Cost price = $3250.00

To find the total cost for the printer;

First of all, we would determine the sales tax

Sales tax = 7/100 * 3250

Sales tax = 7 * 32.5

Sales tax = $227.5

Now, we can find the total cost;

Total cost = sales tax + cost price

Total cost = 227.5 + 3250

Total cost = $3477.5

The following transactions have been journalized and posted to the proper accounts: 1. Mark Call invested $7,000 cash in his new design services business. 2. The business pre-paid the first month's rent of $700 cash. 3. The business purchased equipment by paying $2,000 cash and issuing a note payable for $4,500. 4. The business purchased supplies for $850 cash. 5. The business billed a client for $4,000 of design services completed. 6. The business received $3,000 cash for the completed services. What is the balance in Cash for this design service business

Answers

Answer:

$6,450

Explanation:

Calculation to determine the balance in Cash for this design service business

Using this formula

Cash balance=Cash Amount invested+Cash Received-Rent- Equipment purchased-Supplies

Let plug in the formula

Cash balance=$7,000+$3,000-$700-$2,000-$850

Cash balance=$6,450

Therefore the balance in Cash for this design service business is $6,450

easy identity theft prevention, plz help :)


You are teaching a lesson on how to stay informed about your finances and protect yourself from identity theft. What is the BEST piece of advice you would give? A. Examine your financial accounts once a month for fraudulent activity. B. Avoid checking your credit report often because it will lower your credit score. C. Only have your Social Security number visible on personal documents such as checks. D. Use cash for all of your transactions so that no personal information is accessible to others.

Answers

Answer:

I think D, but I'm not sure

Explanation:

this is plato tho

Answer: Examine your financial accounts once a month for fraudulent activity.

how should a consumer seek remedy once they have experienced unfair financial practices

A trust in the other party to accurately adjust any errors made on their behalf

B Contact the other party one time only as opposed to multiple communications

C Contact local media organization to reveal any wrongs committed by the other party

D Take steps to properly file a dispute and engage an advocate to handle their case


How are consumers responsible for their own security

A They should create simple passwords using birthday and names instead of something more complicated

B They should always use open public networks because they are more secure than private networks

C They must join an identity protection service to protect themselves from identity theft

D They should use and regularly update an antivirus program to protect their personal information


Which statement correctly describes an internet security issues

A Phishing is an illicit software program which unwittingly sends private account information from a user's computer

B Spyware are individuals who attempt to get access to another person's computer to harm it somehow

C A virus is a harmful program that gets loaded onto a user's computer after visiting an infected website

D Hackers are attempts to deceive people into revealing personal information with fraudulent emails and social media requests

Answers

Answer: C

Explanation:

You welcome.

WILL MARK BRAINLIEST

Which of the given items are examples of tangible and intangible fixed assets, respectively?

____ is a tangible fixed asset, while _____
is an example of an intangible fixed asset.


Blank 1
A. Equipment
B. Mortgage loan
C. Cash

Blank 2
A. Accounts receivable
B. Copyrights
C. Inventory

Answers

Answer:

I think blank 1- is B but not sur.

Hoping you have a good day

ty ur a life saver.

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:D

Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control

Answers

Answer:

E

Explanation:

it most likely is production control

Which type of credit is most likely to be unsecured?

auto loans
credit cards
mortgage loans
personal loans]

Answers

Answer:

Last choice) personal loans

Explanation:

write any five things to be consider during trimming​

Answers

Answer:

There are many things to consider when trimming a tree. Before you start trimming your trees, make sure you have the correct tools. The most common tools used to prune trees are pole pruners, pruning shears, and loppers. Always assess your tree’s size, condition, and location. Do this before trimming to ensure you stay safe during the process.

Overgrown trees can really put a damper on your property’s overall appearance and perceived value if they aren’t trimmed. That’s why you should practice trimming your trees on a regular basis so that you can avoid issues with overgrowth in the first place. Before trimming your tree, you need to consider a few critical variables so things will go as smoothly as possible.

There are various tools and equipment you can use to prune trees, depending on their size, health, and other factors. If you have a huge tree that needs to be trimmed, you should contact a professional because they can pose some serious safety risks.

If you’re someone who is interested in trimming their trees but want more information about the process before doing so, you’ve come to the right place. Below, we’re going to provide you with a detailed explanation of how to trim your trees the right way.

brainlist pls

There are many things to consider when trimming a tree. The most common tools used to prune trees are pole pruners, pruning shears, and loppers.

What are the things consider in case of trimming?

There are various tools and equipment you can use to prune trees, depending on their size, health, and other factors.

Moreover, if you have a huge tree that needs to be trimmed, you should contact a professional because they can pose some serious safety risks.

If you’re someone who is interested in trimming their trees but want more information about the process before doing so, you’ve come to the right place.

Learn more about trimming, refer to the link:

https://brainly.com/question/24555592

Smith and Sons Inc. has a target capital structure that calls for 40 percent debt, 10 percent preferred stock, and 50 percent common equity. The firm's current after-tax cost of debt is 6 percent, and it can sell as much debt as it wishes at this rate. The firm's cost of preferred stock is 11 percent and its cost of retained earnings is 14 percent. The firm expects to generate $15,000 in retained earnings this year. Compute the weighted average cost of capital (WACC) break point associated with issuing new common stock

Answers

Answer: $30,000

Explanation:

The weighted average cost of capital (WACC) break point that is associated with the issuing of the new common stock will be:

= Earnings retain / Percent of common equity in capital structure

= $15000 / 50%

= $15000/0.5

= $30,000

Libby is a trainee accountant and has prepared a balance sheet for the accounting year. She valued all the assets of the company at their current
market price. Which accounting principle did she fail to comply with?

А. historical cost
B. accruals
C. matching
D. business entity
E. realization

Answers

The correct answer is A.

Historical cost

Hope this helps!

What is an origination fee on a loan?

Answers

Answer & Explanation: An origination fee is a payment associated with the establishment of an account with a bank, broker or other company providing services handling the processing associated with taking out a loan.

NEED HELP ASAP 10 POINTS
The production, purchase, and sale of goods in a world-wide market is known as the _____.

Answers

Answer:

I think it's global economy

\Why is it important to consider scholarships and grants before loans to pay for higher education?

Answers

Answer:

Explanation:

Scholarships and grants are monies that are given to the student for education. You DO NOT have to pay them back.

Loans can also be given for education costs but you DO have to pay them back.  So, obviously, you want scholarships and grants before loans.

WILL BE MARKED BRAILIEST!!
10 points for each
6.A woman enters an electronics store and asks for help choosing a laptop
she can use to watch movies with her grandchildren. She asks many
questions about an assortment of low- and higher-priced computers
before deciding to purchase one. It is most likely this person is a(n)
•interviewer
•mystery shopper
•trained facilitator
•focus group member

7.An elderly man with lots of free time uses baby lotion on his skin. He
would probably be a great candidate to complete a respondent diary.
True
False

8.Organizations use marketing research to gather data about
(Select all that apply) *
•their customers
•new products they are considering
•employees they want to hire
•their customers' preferences

Answers

Answer:

•mystery shopper

false

Explanation:

Appropriate body language during a presentation includes

A. Avoiding eye contact with the audience
B.Dressing as formally as possible
C.Avoiding unnecessary movements.
D. Refraining from any facial expressions.

HELP ASAP

Answers

Answer:

B

Explanation:

Other Questions
Read this student sample, then answer the question about evidence.Gianna has an amazing ability to be calm in an emergency. One time her younger brother was hurt so badly in a bike accident that he had to see a doctor. He had torn his pants in the fall. Gianna managed to calm him down and make him feel better until they could go to the clinic.Which of these details about Giannas brother is not relevant to the passage?He was hurt badly in a bike accident.He managed to calm down.He had torn his pants in the fall.He had to be taken to the clinic. YOUR CREDIT HISTORY IS CALLED WHAT? Simplify the expression (2 + 33) Identify the limiting reactant when 2.20 g of calcium reacts with 4.5 g of chlorine gas to produce calcium chloride. Write a balanced equation before starting. I"LL GIVE YOU 30 POINTS AND NAME YOU BRAINLIEST IF YOU ANSWER THIS FOR MEEEEE PLZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ ITS FOR MY STUDY GUIDE!!!!!! A deer has all white fur with the genotype (ff). This white deer mates with a grey deer (Ff). What is the chance that they will give birth to grey colored deer?Question 1 options:a. 0%b. 100%c. 50%d. 75% What is the area in square centimeters of the trapezoid below Question 5How do increases in the carrying capacity of Earth for people affect the carrying capacity of Earth for other species?Select one:It increases for most species.It decreases for all species.It decreases for most species.It increases for all species. What message the painting manifests destiny communication to the viewer hello please help ill give brainliest [tex] {x}^{2} + 3x + 2[/tex] When did Czechoslovakia become a communist country Please hurry Im on a test Question: According to a Honda press release on October 23, 2006, sales of the fuel-efficient four-cylinder Honda Civic rose by 7.1% from 2005 to 2006. Over the same period, according to data from the U.S. Energy Information Administration, the average price of regular gasoline rose from $2.27 per gallon to $2.57 per gallon. Using the midpoint method, calculate the cross-price elasticity of demand between Honda Civics and regular gasoline. According to your estimate of the cross-price elasticity, are the two goods gross complements or gross substitutes Point A is located at -0.75 and point B 1/4 is located at on a number line.Part A: Which expression shows how to find the distance between points A and B? What are the main differences between cellwalls and cell membranes? Bab in need of help HELP WILL MARK BRAINLIEST i dont know if its B or C what do you guys think? middle school math (05.02)The area of the parallelogram below is square meters. 6 m 8 m 2 m Numerical Answers Expected! (Picture included) Hi, I'm writing a blog post but I can't come up with a catchy title for child poverty and how bad it was in the 1880s please help! What condition(s) make space a harsh environment for humans?A. Lack of oxygenB. All of theseC. Cosmic radiationD. Lack of pressure