FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer with reason for all why the option is correct and why the other options are incorrect.... Accounting type Question: Prepaid rent is associated

Please answer with reason for all why the option is correct and why the other options are incorrect....
Accounting type Question:
Prepaid rent is associated with:
A. Nominal account
B. Personal account
C. Tangible real account
D. Intangible real account
E. Representative personal account

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contemporary Auditing Real Issues And Cases

Contemporary Auditing Real Issues And Cases

Authors: Michael C. Knapp, Loreen Knapp

4th Edition

0324048610, 9780324048612

More Books

Students also viewed these Accounting questions

Question

★★★★★
Go to the asset allocation tool provided at the following internet site: www.ipers.org/calcs/AssetAllocator.html. Enter assumptions that fit your current and anticipated situation and produce an...

Answered: 1 week ago

Question

★★★★★
Convert to an equation in polar coordinates of the form r = (). x 2 + y 2 = 5

Answered: 1 week ago

Question

★★★★★
Suppose that you arrive at a single-teller bank to find five other customers in the bank, one being served and the other four waiting in line. You join the end of the line. If the service times are...

Answered: 1 week ago

Question

★★★★★
Copenhaver wrote a will in ink, which was found with her other papers in her bedroom at her death. Pencil lines had been drawn through every provision of the will and the signature. There was no...

Answered: 1 week ago

Question

★★★★★
Everything Bikes is owed $550 rent which has not been received by 31 December... Everything Bikes is owed $550 rent which has not been received by 31 December 2018, the last day of the accounting...

Answered: 1 week ago

Question

★★★★★
On July 1, 20X7, the first day of its fiscal year, the City of Taupe issued serial bonds with a face amount of $5,000,000 and having maturities ranging from one to twenty years to make certain street...

Answered: 1 week ago

Question

★★★★★
The system below is in balance. In the CB string, the force modulus is 2400 N. The mass suspended from point D is 60 kg. The centre of mass of the rod shall be 2,0 m from point A. wwwwww B 0.5 m D 3...

Answered: 1 week ago

Question

★★★★★
Telehealth is increasingly being used by counselors. Counselors report they struggle with providing quality counseling to children through telehealth. Read "A Randomized Controlled Trial of...

Answered: 1 week ago

Question

★★★★★
Solville Motors Co. makes motorcycles Managment wants to estimate overhead costs to plan its operations. A recent trade publication revealed that overhead costs tend to vary with machine hours. to...

Answered: 1 week ago

Question

★★★★★
Employment Law Garcia v. Spun Steak Co., 998 F.2d 1480 (9th Cir. 1993) The defendant, Spun Steak Co., employs 33 workers, 24 of whom are Spanish-speaking. Two of the Spanish speakers speak no...

Answered: 1 week ago

Question

★★★★★
Solve the symbolic expression for the bending moment in case III. Also, solve the expression for the bending moment in case II in range of [0, L/2]. I II III 11111 x y L/2 * q 2q L/2 B *

Answered: 1 week ago

Question

★★★★★
1 Should HR managers adopt an approach to ethics in which there are absolute rights and wrongs, or is it ethically acceptable to take a contingent perspective that could, for example, justify low...

Answered: 1 week ago

Question

★★★★★
1 Do you believe that companies should use an ethical investment policy in investing their pension funds, or is financial performance alone the most important issue? The London Pensions Fund...

Answered: 1 week ago

Question

★★★★★
1 Given the necessity of worldwide economic reform due to the recession, what are the advantages and disadvantages of unionised activity for employees and employers? In the US, labour unions are...

Answered: 1 week ago

Previous Question Next Question