On September 1, Lopez Company received $24,000 for six months of rent in advance. Lopez Company recorded the transaction by debiting Cash and crediting Deferred Rent Revenue. Required:
Journalize the adjusting entry on December 31.

The text states, “the committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market….” why would the committee raise the federal funds rate as the labor market improves?

Describe how to write a main idea expressed as a bottom-line statement

Amazon inc. does not currently pay a dividend. analysts expect amazon to commence paying annual dividends in three years. the first dividend is expected to be $2 per share. dividends are expected to grow from that point at an annual rate of 4% in perpetuity. investors expect a 12% return from the stock. what should the price of the stock be today?