On october 1, goodwell company rented warehouse space to a tenant for $2,200 per month and received $11,000 for five months’ rent in advance on that date. the collection was credited to the unearned rent account. the company’s annual accounting period ends on december 31. the unearned rent account balance at the end of december, after adjustment, should be:
Answers: 1
Business, 22.06.2019 00:10
Which of the following is a problem for the production of public goods?
Answers: 2
Business, 22.06.2019 03:30
Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.
Answers: 1
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
On october 1, goodwell company rented warehouse space to a tenant for $2,200 per month and received...
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