On April 1 the ABC Inc. paid $20,400 to Acme Realty for 12 months Rent beginning May 1. The company did the correct recording on April 1. If financial statements are prepared on December 31st, what is the adjusting entry needed on the balance sheet?



Decrease PrePaid Rent 20,400 / Increase Rent Expense 20,400


Decrease PrePaid Rent 13,600 / Decrease Rent Expense 13,600


Decrease PrePaid Rent 13,600 / Increase Rent Expense 13,600


Decrease Cash 20,400 / Increase PrePaid Rent 20,400

Answers

Answer 1

Answer:

Decrease PrePaid Rent 13,600 / Increase Rent Expense 13,600

Step-by-step explanation:

Given that:

The total amount paid = $20400  to Acme Realty for 12  months;

Thus, for each month rent; we get = $20400/12 = $1700

Now, the moth expired from May 1 to Dec 31 = 8 months

The rent expense for the year will be: monthly rent × number of months

= 1700 × 8

= $13,600

Thus, the balance sheet's adjusting entry will be to record 13,600 as the expense and decrease the total 20400 rent paid with 13600 and book it as prepaid rent as of December end.


Related Questions

Five more than a number is equal to seven-halves of the number What is the number?
HELP

Answers

Answer:

The number is 2

Step-by-step explanation:

To attempt this question, we need to represent the number with (x).

Let the number be x

Five more than the number is:

5 + x

Seven-halves means 1/2 × 7 = 7/2

Mathematically, the question is saying:

5 + x = 7/2 × x

5 + x = 7x/2

Cross multiply;

2(5 + x) = 7x

10 + 2x = 7x

We collect like terms;

10 = 7x - 2x

10 = 5x

x = 10/5

x = 2

The number represented by x is 2

We want to convert the given sentence into an equation, and then solve it. We will see that the number is 2.

Finding the equation

We start with the sentence:

"Five more than a number is equal to seven-halves of the number"

if we define x as the number, we can write:

5 + x = (7/2)*x

Now we can solve this equation for x, we will get:

5 + x = (7/2)*x

5 = (7/2)*x - x = (7/2 - 1)*x

5 = (7/2 - 2/2)*x = (5/2)*x

(2/5)*5 = x

2 = x

So the number is 2.

If you want to learn more about linear equations, you can read:

https://brainly.com/question/4074386

3x+8
What is the solution of
3x+8 /X-4>_
0?

oxs-orx>4
x 8
*<-3 or x>4
Osx<4
0 - 3 < x <4

Answers

Answer:

a

Step-by-step explanation:

The solution of the inequality 3x + 8 / (x -4 ) ≥ 0 is x≥ -8/3.

What is Inequality?

Inequalities are mathematical formulas in which neither side is equal. Unlike equations, we compare two values in inequality. In between, the equal sign is substituted by a less than (or less than or equal to), greater than (or greater than or equal to), or not equal to sign.

We have the inequality,

3x + 8 / (x -4 ) ≥ 0

Now, simplifying the inequality

3x + 8 ≥ 0

3x ≥ 0-8

3x ≥ -8

x ≥ -8/3

Learn more about Inequality here:

https://brainly.com/question/30231190

#SPJ5

2= n/3 n=?
In "One-strp multiplication &division equations

Answers

2 = n/3
Multiple both sides by 3
n = 6

How do u write 342 hundredths

Answers

Answer:

Since 342 hundredths is 342 over one hundred, 342 hundredths as a Fraction is 342/100. If you divide 342 by one hundred you get 342 hundredths as a decimal which is 3.42. To get 342 hundredths as a Percent, you multiply the decimal with 100 to get the answer of 342 percent.

Answer:3.42

Step-by-step explanation:

Tall Mountain is 8,678.37 feet higher than Mt. Might. What is the elevation of Tall Mountain?
The elevation of Tall Mountain is
feet.

Answers

Answer:

i wont give u a direct answer but i will tell u this.. Look up Mt. Mights height  and subtract 8,678.37 with a cauculator. The answer will tell you

Answer: 28,979.87

Step by step explanation: I GOT THE ANSWER CORRECT!!!!!! For any one wondering I am doing this question right no and what the other guy said about subtracting is wrong because i tried doing tat and it said it was wrong.

-4q= 52
HELP!!!!!!!!!!!!!!!!!!!!!
Algebra 1

Answers

hi

-4q= 52

   q = 52/ -4

    a =  -13

Answer:

-13

Step-by-step explanation:

-4q=52

divide both side by -4

-4q/-4=52/-4

q=-13

Find the equation of the line.
The perpendicular bisector to the line segment with endpoints (-8,5) and (4,1).
The equation of the line is
y =

Answers

Answer:

y = 3x + 9

Step-by-step explanation:

The perpendicular bisector to the line segment is passing through the midpoint of the line segment. Coordinates of midpoint are ( [tex]\frac{x_{1} +x_{2} }{2}[/tex] , [tex]\frac{y_{1} +y_{2} }{2}[/tex] )

Formula of slope is m = [tex]\frac{y_{2} -y_{1} }{x_{2} -x_{1} }[/tex]

Slopes of perpendicular lines are opposite reciprocals. So, if AB ⊥ CD , then [tex]m_{AB}[/tex] × [tex]m_{CD}[/tex] = - 1

y - [tex]y_{1}[/tex] = m ( x - [tex]x_{1}[/tex] )  

~~~~~~~~~~~

(- 8, 5)

(4, 1)

m = ( 5 - 1) / ( - 8 - 4) = - [tex]\frac{1}{3}[/tex]

Opposite reciprocal to ( - [tex]\frac{1}{3}[/tex] ) is 3

Coordinates of midpoint are ( - 2 , 3 )

y - 3 = 3 ( x + 2 )

y = 3x + 9  

What is the total area of this composite figure rounded to the nearest hundredth?

18.53 ft2
43.07 ft2
39.53 ft2
20.07 ft2​

Answers

Answer:

B) 176 ft²

Step-by-step explanation:

Answer:

39.53 ft2

Step-by-step explanation:

If you are having a hard time with this it is most likely due to the semicircle. First you need to divide the diameter (3) by 1/2, next you multiply the now radius (radius is always 1/2 of the diameter) and pi to get 3.53.

Now you have to find the area of the rectangle, 3*12 = 36.

36 + 3.53 = 39.53 rounded.

Solve for y
y + 2 = -2(x + 2)

Answers

Step-by-step explanation:

y + 2 = -2x - 4

y = -2x - 6

hope it helps, not 100% sure if it's right

A bell tolls every 30 minutes on the
hour and at half past the hour. How
many times does the bell toll
between the times of 11.45a.m. and
3.10p.m.?​

Answers

If the bell tolls every 30mins on the hour and at half past the hour, then the bell will toll at 12 noon, 12:30pm, 1pm, 1:30pm, 2pm, 2:30pm and 3pm which is 7 times.
It tolls 7 times, 12, 12.30, 1, 1.30, 2, 2.30, 3

Franco was is making breakfast he uses 36 eggs for12 orders. How many eggs does he use per order

Answers

Answer:36 divided by 12=3

Step-by-step explanation:

Answer:

He uses 3 eggs.

Step-by-step explanation:

Divide 36/12, and that's how much he used each order.

is 8+y=4x a linear equations

Answers

Answer:

Yes

Step-by-step explanation:

8 + y = 4x is a linear equation in two variables ( x and y) .

yes it is a linear equation

PLEASE HELP I HAVE 8 min left

Answers

Answer:

I would help but I can't see the picture... sorry good luck

Step-by-step explanation:

which two triangles are congruent? complete the congruence statement.​

Answers

The two at the top not the one at the botton

1. la señora Treviño tiene el doble de edad que su
hijo hace 9 años la suma de su edades era 30
¿cual es su edad actual?

Answers

Answer:

Daughter age = x = 16 years old

Mother's age = 2x = 2 × 16 = 32 years

Step-by-step explanation:

The computation of their current age is shown below:

Let us assume that the current age of the daughter is x

And, the current age of the mother be 2x

Now nine years ago, their ages would be

daughter age is x - 9

And, the mother age would be 2x - 9

Now the equation would be

x - 9 + 2x - 9 = 30

3x - 18 = 30

3x = 30 + 18

3x = 48

x = 48 ÷ 3

x = 16.

Therefore

Daughter age = x = 16 years old

Mother's age = 2x = 2 × 16 = 32 years

Slope=4,passing through (7,4)

Answers

Answer:

if ur trying finding the y-intercept  it's -24

Step-by-step explanation:

slope- intercept form is y=mx+b we know m is 4 (7,4) 7 is the x 4 is the y ...

then you plug them in and we know 4 times 7 is 28 and then 4-s8 is -24  

helppp whats number 1 A B and C?!

Answers

A=-4/3
B=1/5
C=-5/4
Hope that helps.

Answer:

A=-4/3

B=1/5

C=-5/4

Step-by-step explanation:

Please help me solve this i need help

Answers

Answer:

21

Step-by-step explanation:

It’s actually 18 not 21

during a sale, an appliance that costs $275.00 is being sold at a discount for $220.00. which equation can be used to find the size of discount, d during the sale?​

Answers

Answer:

20% discount

Step-by-step explanation:

275 - 220 = 55

55/275 = 0.2

The discount is 20%

Answer:

20% discount

Step-by-step explanation:

275 - 220 = 55

55/275 = 0.2

0.2(100)=20

There is a 20% discount.

What Is the result of adding these two equations

6x+2y =-2
3х – 2y = - 5

Answers

Answer:

x=3 y=-2

Step-by-step explanation:

There is ounce of yeast in every 2 teaspoons of yeast. A recipe for bread calls for 2 teaspoons of yeast. How many ounces of yeast are needed for this recipe?

Answers

one ounce of yeast is needed

I need help with four answers! Will mark brainliest : )!
Q.1:Which symbol replaces the box to make the statement true?

4⋅16−16□4⋅[24−2⋅(4+8)]



Q.2: Which expression has a value less than the given expression when x = 5?

3x + 15
-----------------------------------
Answers options:
2x²

x² + 5

3(x + 5)

4x + 5
Q.3:Let m = 4 and n = 5.

Select from the drop-down menu to create a true statement.

4m+4n ​ = 2m2+
----------------------------
Answer options:
M
N
MN 2
Q.4: Which expression completes the statement to form a true equation?

28–3+2=
----------------------------------------------------
Answer options:


5(4 + 2)

3² + 19

44–24

Answers

Answer:

Q1:=

Q2:4x+2

I believe question 3 is MN 2

3^3

Household incomes are normally distributed with a mean of $47,500 and a standard deviation of $12,500. What is the probability of having incomes of $60,000
or more?
a) 2.50%
O b) 5.0096
C) 15.87%
od) 7.8096

Answers

Answer:

Option C: 15.87 is the correct answer

Step-by-step explanation:

Given

Mean = $47500

SD = $12500

We have to find the probability of having $60000 or more

So,

x = $60000

The z-score will be:

[tex]z-score = z = \frac{x-mean}{SD}\\z = \frac{60000-47500}{12500}\\= \frac{12500}{12500}\\= 1[/tex]

Looking in the z-score table, we get

P(Z<60000) = 0.8413

In order to find the probability P(Z>60000) => 1-P(Z<60000)

= 1-0.8413

=0.1587

Converting into percentage: 0.1587*100 = 15.87%

Hence,

Option C: 15.87 is the correct answer

Let f(x) = 3x + 2 and g(x) = - 2x + 1 Find f(g(- 2))
is it

a: -7
b: 9
c: 17
d: 0​

Answers

Answer:

(c). 17

Step-by-step explanation:

f(g(x)) = 3( - 2x + 1 ) + 2 = - 6x + 5

f(g(- 2)) = - 6( - 2 ) + 5 = 17

If 900 square centimeters of material is available to make a box with a square base and an open top, find the largest possible volume of the box?

Answers

Answer:

1400

Step-by-step explanation:

I need help answering. Thanks.

Answers

Answer:

28

Step-by-step explanation:

C or B's so 30% + 40% = 70% so:

70/100 multiplied by 40 because 40 students

7/10 times 40 = 28

The correct answer is 28

ME NEEDS SOME MORE HELP FOR QUESTION 2




also whoever answers this question first I will mark them the brainliest :3

Answers

Answer:

C is answer I think 0, because

Answer:

C.

Step-by-step explanation:

100%sure

Because -5 in front will equal a positive because you have a positive 0 in back therefore it will be C brainliest please!

marking brainly! Identify the coefficient in the term 7x2 y3.
2
3
7

Answers

Step-by-step explanation:

If you meant 7 times 2y^3, the coefficient term for y^3 would be 2 and coefficient of y^0 term (or the constant term) would be 7

The total number of students enrolled at Twin Rivers Middle School is 2,000
students. If the ratio of boys to girls is also 3 to 2 for the school, how many students
are boys and how many students are girls at Twin Rivers Middle school?

Answers

Answer:

1200 boys and 800 girls

Step-by-step explanation:

since the ratio is 3:2 i just added the ratio to get 5 then divided that by how many total students there were giving me 400, then multiplied it by 3 for the boys and by 2 for the girls. giving me 1200 and 800

(sorry if this is confusing)

Add the ratios together: 3 + 2 = 5

Divide total students by 5:

2000 / 5 = 400

Multiply each ratio by 400:

Boys = 400 x 3 = 1200

Girls = 400 x 2 = 800

Options are:
- is
- is not

Answers

Answer:

Not constant

Step-by-step explanation:

it is not constant. lol

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