On January 1, Power House Co prepaid the annual rent of $10,140 . Prepare the journal entry to record this transaction
Jan. 1 Prepaid Rent 10,140
Cash 10,140
Prepaid annual rent.
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Natural resources are anything:
A. any raw material that becomes a component in a manufactured good. B. that is alive in the natural world. C. provided by nature on which people depend. D. that is used for food or fuel.
Future value can be found if the interest rate (i), the number of periods (n), and the present value (p) are known.
Answer the following statement true (T) or false (F)
Kofi Nkrumah ran a restaurant booth at a beach during the summer. He sold two cans of Zowie Cola to Iona Green, who gave one to her boyfriend, Dennis Vigay
When Dennis was almost finished drinking, he saw the partly decayed body of a mouse at the bottom of the can. He became violently ill. Which of the following is FALSE? A) Dennis can successfully sue Zowie and Kofi for negligence B) Kofi is not liable in contract to Dennis because he sold the pop to Iona. C) Kofi owed a duty of care to Dennis but did not breach it, since he could have no idea there was a mouse in the can. D) Dennis can sue Zowie in a products liability action. E) Ioan is not liable for Dennis's injuries
In the context of foreign direct investment, a _____ is a voluntary agreement under which two or more people act as co-owners of a business for profit.
A. franchisee B. partnership C. sole proprietorship D. golden parachute