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

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:

Explain the connection of human needs and demands in the field of marketing.

Answers

Explanation:

The term "requires or need" refers to items, product or service  that fulfil a particular necessity. Wants are unique orders for individual or specific things. Demands are individual commodity orders for which the customer is ready and prepared to pay. In a business industry, examples are normally very obvious. need and demand always run together.

\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.

What is collateral?
A. a finance charge
B. a specific type of home loan
C. an asset or group of assets that are linked to a loan
D. a down payment

Answers

Answer:

C. An asset or group of assets that are linked to a loan

Explanation:

Collateral is something the bank can take/repossess to sell and get back the money they loaned you if you don't repay your loan. Cars and houses are great examples of this.

Answer is C an asset or group of assets that are linked to a loan

To complete a job application thoroughly, you should know the following information for each previous employer:
company's telephone number
O your supervisor's name
O company's full address
hire and termination dates

Answers

Answer:

company's telephone number o your

Explanation:

Assignment 7S
(15 points)
Assignment Overview
This is a three-part assignment.
In Part I, you'll check your work from Section 7.
In Part II, you'll add on to your Section 7 project.
In Part III, you'll zip and submit your files to your instructor.
Part I: Check Your Work
Follow these steps to check your work from Section 7.
1. Make sure your Career Presentation looks the way you want it to. If you want to make
changes, do that now.
2. Make sure you've saved your work before you continue.
3. Make sure your Career Presentation meets the criteria in the Career_Presentation
Grading Rubric on the next page.

Answers

Answer:

im confused my self

Explanation:

Aswer

did u use slides

Explanation:

??

Barbara and the bank signed a contract in which they agreed that the bank would loan $100,000.00 to Barbara to buy a car. She would then repay the loan by making monthly payments of $2,500.00 for 50 months. After 2 years of Barbara's making payments, she and the bank agreed that Barbara could sell her car to Dorothy who agreed to make all of the remaining payments which the bank accepted. This is an example of: A. A novation. B. An accord and satisfaction. C. A void contract. D. A voidable contract.

Answers

Answer:

Option A

Explanation:

A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.  

In other way the original contracting party give all the rights and obligations to the new party  

Hence, Option A is correct

answer the question in the pic.

Answers

Answer:

Uhhhhhhh There's no picture.

Answer:

what pic

Explanation:

Which of the following statements would be considered pros of globalization?

Increased competition between countries

Increased immigration of unskilled workers

Increased public funding for education and immigration of those citizens with education

Increased consumption of wide variety of goods leading to increased production

Answers

Answer:

increased consumption of wide variety of goods leading to increased production.

Explanation:

im sorry if i get it wrong

mention the major job of Pharmacy​

Answers

Answer:

dispense prescription medications to patients

Explanation:

Go to a Pharmacy

Answer:

major job in a pharmacy is a pharmacist

Explanation:

Pharmacists give people their prescription medicines that are needed for important sicknesses or illnesses

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 is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software

Answers

3.)Hiring employees
Number 3 is the correct awser

The Federal Reserve Act of 1913 required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system.a. state; nationalb. national; municipalc. national; stated. state; municipal

Answers

Answer:

c. national; state

Explanation:

The Federal Reserve Act of 1913 required that banks that operated nationally had to join the Federal Reserve System. It was mandatory, and national banks had to do it.

It also allowed banks that operated on a state level to join the Federal Reserve System, but that was optional, it was not mandatory.

A company can act ethically toward employees and meet their expectations by A. improving their products over time and providing guarantees to customers about the integrity of their products. B. selling customers quality products at a fair price and providing good after-sales service. C. maximizing the stockholders' return on investments. D. creating an occupational structure that fairly and equitably rewards organization members for their contributions. E. implementing a high-power distance culture and discouraging decentralized decision making.

Answers

Answer:

D. creating an occupational structure that fairly and equitably rewards organization members for their contributions

Explanation:

When the company acts ethically for the employees and meeting their expectations so this could be possible when the organization structure is properly developed that represent contribution made by the members of the organization is quite fair and equitable and for the same the rewards is also provided so that they feels motivated

Hence, the option d is correct

You see Paul dealing with Susan, an upset employee from another department. Susan is complaining about something that your department was supposed to do but didn't. You are in a back room and have not been seen by Susan. Paul is obviously frustrated and unable to deal with Susan effectively. You should:

a. Walk up to the pair and attempt to change the conversation.
b. Introduce yourself to Susan and offer your assistance.
c. Ask your supervisor to offer some interpersonal skills training to Paul.
d. Tell Paul that Susan is needed by the supervisor to end the situation.

Answers

I think option (b) is the correct

What do you mean by technical occupations ? write with examples​

Answers

Answer:

I think techical occupation means the worker who work through laptops and computers

software engineer game designer publisher etc....

An estimate of a person's ability to pay off debts based on his or her history
of borrowing and making payments on time is called what?
A. Collateral
B. Capacity
C. Character
D. Charisma

Answers

Answer:

B. Compacity

Explanation:

Triangle, Illuminati, Grapes THEY ARE all connected through the power of the eye +4 and no one knows jerry the pineapple is the robot who will kill them all to freedom

Answers

Answer:

ratatoui

Explanation:

Most Solutions, Inc., issued 10% bonds, dated January 1, with a face amount of $480 million on January 1, 2021. The bonds mature in 2031 (10 years). For bonds of similar risk and maturity the market yield is 12%. Interest expense is recorded at the effective interest rate. Interest is paid semiannually on June 30 and December 31. Most recorded the sale as follows: January 1, 2021 Cash (price) 424,942,080 Discount on bonds (difference) 55,057,920 Bonds payable (face amount) 480,000,000 Required: What would be the amount(s) related to the bonds that Most would report in its statement of cash flows for the year ended December

Answers

Answer:

Cash inflow (Financing activity) = $424,942,080

Cash outflow (Operating activity)  = $48,000,000

Explanation:

According to the scenario, computation of given data are as follows,

First we calculate the cash inflow from financial activities, so

Cash inflow (Financing activity) = Cash from Bonds sale or cash (Price)

=  $424,942,080

Now we calculate cash outflow from operating activities, then

Cash outflow (Operating activity) = Face amount of bonds × Bonds percentage

= $480,000,000 × 10%

= $48,000,000

Mark wrap with the 20 minute hold time, and any special guest requests​.

Answers

.............................

Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:

Answers

Answer: Excessive cost

Explanation:

Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.

Which one of the following could not be called income?

Answers

Answer: where is the question

Explanation:

"Analyse and discuss the strategic opportunities and constraints faced by the Board and Executive Management when planning the future direction of the organisation"

Answers

Explanation:

A transition of direction is always a challenging task in an organization, since this activity must be carried out gradually, so that the strategic planning is revised and aligned with the vision of the future direction.

There are several opportunities added to a new organizational direction, such as the attention of new investors and the possibility for the organization to receive a new executive and strategic vision, which can be essential for innovation and the effective positioning of a company in the market. The challenges are always to align the company's current operations and action plans with the planning of the future direction, since systematic changes must occur gradually so as not to harm the present actions and the work of the employees, but when the transition is made in a planned and gradual way, it can mean more benefits than disadvantages for organizations.

WILL MARK BRAINLIEST

Sheila purchased some raw materials from a vendor. She pays the vendor in cash. Which legal document does the vendor give Sheila to validate
the transaction?

A. purchase slip
B. invoice
C. receipt
D. token
E. payroll

Answers

The answers is letter C

Answer:

c. receipt

Explanation:

If the interest rate rises, what will happen to overall employment levels in sectors affected by those interest rates?
a.employment levels will increase
b.employment levels will not be affected
c.employment levels will decrease

Answers

Answer:

c. employment levels will decrease

Explanation:

As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.

While using a datasheet to track shoe orders, Gustav wants to see a picture of the shoes and read details about the shoes’ materials. Which steps should he follow?

Double-click on the record in the Customer ID field, then double-click on the customer dialog box.
Create a new field, select images of the shoes from the Internet, and embed images into OLE type.
Create a new shoe identification field by clicking on “Click to Add,” and type notes using “memo” type.
Double-click on the record in the Attachment field, then double-click on the attachment in the dialog box.

Answers

Answer:

C.

Explanation:

Does anyone have an idea of what to put for example thing about LIFE INSURANCE!!!

Answers

Answer:

Explanation:

if you get sick really suddenly and can't pay the hospital bills or if someone takes thier own life   they will help with that too

Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your products are unique
because you offer chocolate, hazelnut, and cinnamon raisin peanut butter flavors. Thinking about your competitive strategy, what should be your main focus?
O A. keeping a competitive edge by marketing your unique peanut butter flavors
B. how to grow the company by adding new flavors each month
C. social responsibility
OD. sending out free samples to gain new customers

Answers

Answer:

A

Explanation:

keeping a competitive edge

List THREE common aptitudes, attitudes, and skills of personal care services workers.

Answers

Answer:

Good communication skills

Problem solving skills

Critical thinking skills

Patience

Self perceptiveness

Explanation:

A will can be written by

Answers

Answer: what?

Explanation:

Other Questions
Which word refers to the surroundings?A. environmentB. naturalC. accident Why was Wong Kim Ark's lawsuit a big deal? please help for points An Internet service has a monthly access fee of $24.95 and a connection fee of $0.25 per hour. The function y=0.25x+24.95 represents the total cost y of Internet use for x hours. If Bonnie uses the Internet for 7 hours and Billy uses the Internet for 4 hours, how much more did Bonnie spend for Internet access than Billy? In his sermon on the mount Jesus declero that love for god charity all people were more important than following Jewish law (true or false) HELP PLEASE TELL ME WHICH ONE WITH AN EXPLAINATION Can someone please show me how you get it and the answer Write in Expanded form: 75,300,207 Larry was a self-sufficient, good student prior to his first episode of schizophrenia, which occurred suddenly when he was 19 years old. Similarly, Kahn was well-liked, performed well in school, and was self-sufficient before he developed schizophrenia when he was 18 years old. However, unlike Larry, Kahn's disorder appeared gradually. Both teens received early treatment. According to statistics, Larry is MORE likely to have a fuller recovery than Kahn because Larry had: Antarctica contains several active volcanoesTrueFalse Choose one example of U.S. consumer waste from the bulleted list. Research to learn more about the waste described and what is being done to reduce it. Summarize your findings in a paragraph. I don't understand with the question number 4, does anybody understand how to do it? Paco has a traditional health Insurance plan. His deductible is $750. The level of co-Insurance for his plan Is 70/30 where 30 represents Paco'sportion. He also has one-time co-payment of $20. If Paco Incurs a $1,000 hospital bill, how much money will he owe out-of-pocket for the bill? La chica _______________(estar) en el museo todos los das. Donde se produce mas friccion en una carretera con hielo o en una sin hielo Find the Volume (look at the picture) PLEASE HELP DUE IN 1 HOUR, AND PLEASE DON'T PUT THOSE LINKS OR ELSE I WILL REPORT YOU. How has NAACP Change overtime from then to now Forensic computer investigators must _____.find a way to get the evidence, no matter what it takesdevelop new software to accomplish the investigationrender opinions based on demonstrable factsbring in the computer and the criminal when they come to court is it good crazy houseMay: 19 1966. bye mom i'm going to the party ok greg but don't go near that house you know the house. Ya ya there's a haunted house in those woods and if you go in you will never come out. It has been haunted by the previous owner who died. That house has been haunted since 1956. That house has been abandoned since. I reached the woods and there were a bunch of signs reading stay out stay away don't take the risk I walked right by those signs. But then I feel uneasy. I start to hear whispers saying get out get out get out I start running and the voices are getting louder GeT OuT!! GeT OuT!! I slip and start rolling down a cliff and bang!! I hit my head on a rock and I blacked out. I see bright lights. It was comfy but wait whose house is this I just see blur but I can read cra- crazy hou- house no I wipe my eyes and I read it again crazy house OH NO NO NO NO this is the haunted house my mom was talking about. I saw a super fast blueish greenish light fly by me. I was hungry but all I saw in the house's fridge was a bunch of wooden bull heads. And all over the wall was a bunch of newspapers and posters saying missing kid missing person they were all lastseen in these woods. Ohh wait what is that poster!! It has my name on it I quickly read it says missing kid greg caldwell so I tear it up and I look every around the room and a bunch of my posters are up I start running up the spiral flight of stairs im running up the stairs but it feels like i'm not even going up I have been running up for 10 minutes strait. And it all still looks the same. It's like I'm in one of those carnival mazes where you feel you're at the end but youre right where you started. I went back downstairs to use the phone and I dialled 911 but all I got was a bunch of static and a fainted voice which said get out of my house'' and the voice got louder. Get out, get out!! That voice I heard in the woods, I ripped that phone from the wall and all the voices stopped But 1 minute later I heard you come to my house and rip my posters, step on my stars, sleep in my house and rip my phone from my house. and I hear some strange noises coming from the hall. I check on the hall and I see this pale 10ft super skinny man. He was as skinny as a skeleton. This thing said it again you come to my house and rip my posters, step on my stars, sleep in my house and rip my phone off the wall GEEET OUT!! Now he starts to chase me and he tackles me and he says you will pay he opens his mouth he had teeth like a shark he probably had 1 million of them. Then boom we both hear an old guy screaming and starts attacking the monster and says run!! Greg So I ran off behind the coach and watched him fight. He kills the monster and the monster says you will pay in a fainted voice. I was hiding behind the couch and I am thinking how did he know my name greg how!! He steps up to me covered with green slime from the monster and says get up son it's all over you're okay wh- who are you and how do you know my name kid stop talking and get up ok I got up and he says follow me. He take me to this secret room with a bunch of cameras and monitors he told me how did you get here young man I tell him everything and I say my name is greg how do you know that I saw the posters oh right well do you know how to get out of here yes but its very complicated its like a maze. I have been studying this place for 70 years since I was 19. I now know this place is like it's my own house wow!! Ok can you show me the exit please sure but you have to pay I got money no I want your belt what! why trust me we will need it ok but only if I can get out of here. hey do we need a key oh ya thanks for reminding me he grabbed a key out of the monsters stomach and his hand I covered with slime ok all we need to do to get to the exit is walk down the stairs open this door and the exit is right ahead. ok are you coming ya i'm just putting something on the house oh and take this this is my poster of me missing ya watch it. We walked out of the house and the thing he put in the house was a bomb he set it off and BAAM!! It exploded. He says look at the poster I look at it and it starts to say Greg Caldwell, hero destroying the crazy house, how did you make that bomb? From your belt son told ya we needed it. I went homeand my mother ran up to me and started hugging me thank you son now no more missing kids thank you.