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urgent please answer ASAP I will thumbs up instantly, thank you! The following table shows Subway's ending balances for their Prepaid Rent account. Based on
urgent please answer ASAP I will thumbs up instantly, thank you!
The following table shows Subway's ending balances for their Prepaid Rent account. Based on the change in the Prepaid Rent balance, how would this change impact their current year cash flow? Account Title Year 1. Current Year Year 2 - Prior Year Prepaid Rent $45,000 $50,000 $5.000 decrease to operating cash nows $5.000 decrease to financing cash flows O $5,000 increase to operating cash flows O $5,000 increase to investing cash flows O $5,000 decrease to investing cash flows $5.000 increase to financing cash flows On December 1st, Orkin Pest Control received cash from a customer in the amount of $24.000 that was an advance payment for services to be provided over the next 8 months. On 12/1, when the business transaction was recorded by Orkin, what amount, if any. would be recorded for Service Revenue? Fill in the blank with your calculated number. DO NOT include commas. S signs, period, decimal points, etc., just enter the raw number Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123 The following table shows JC Penney's ending balances for their Salaries Payable account. Based on the change in the Salaries Payable balance, how would this change impact their current year cash flow? Account Title Year 1 - Current Year Year 2 - Prior Year Salaries Payable $48,000 $50,000 O $2.000 increase to investing each flows O $2.000 decrease to investing cash flows O $2,000 increase to financing cash flows O $2,000 increase to operating cash flows $2.000 decrease to financing cash flows $2,000 decrease to operating cash flows Step by Step Solution
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