Question
Which of these transactions would produce $10,000 of revenue in December? (check all that apply) a)BOC Realty leases space to a tenant for December and
Which of these transactions would produce $10,000 of revenue in December? (check all that apply)
a)BOC Realty leases space to a tenant for December and January. The tenant pre-paid the $20,000 rent for the two months in November.
b)BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January.
c)BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December.
d)BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January.
e)BOC Bank receives a check for $10,000 in December for November's interest amount.
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