subject
Business, 17.04.2020 16:21 astultz309459

On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000. Three months' rent was paid in advance on December 1, the first day of the lease term. The adjusting entry needed on December 31 is:

A. Debit Prepaid Rent $6000, credi Cash $6.000
B. Debit pent Expense $2000, credit Accounts Payable 32000
C. Debit Rent Espense $2000 credit Plepaid Rent $2000

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 23:00
Employees of dti, inc. worked 1,600 direct labor hours in january and 1,000 direct labor hours in february. dti expects to use 18,000 direct labor hours during the year, and expects to incur $22,500 of worker’s compensation insurance cost for the year. the cash payment for this cost will be paid in april. how much insurance premium should be allocated to products made in january and february?
Answers: 1
question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 17:00
Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.
Answers: 2
question
Business, 23.06.2019 02:30
Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.
Answers: 2
You know the right answer?
On December 31, Winters Company's Prepaid Rent account had a balance before adjustment of $6,000. Th...
Questions
question
Mathematics, 26.03.2021 19:30
question
Social Studies, 26.03.2021 19:30
question
Mathematics, 26.03.2021 19:30
Questions on the website: 13722363