Prepaid Rent in the worksheet's unadjusted trial balance column is $5,000. Prepaid Rent in the balance sheet column is $2,000. Which of the following entries would have caused this difference?
A) a $3,000 debit entry to Prepaid Rent in the worksheet's adjustments column
B) a $3,000 credit entry to Rent Expense in the worksheet's adjustments column
C) a $3,000 credit entry to Prepaid Rent in the worksheet's adjustments column
D) a $3,000 credit entry to Rental Revenue in the worksheet's adjustments column
C
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Osprey Machine Works has the following demand requirements and other data for the upcoming four quarters
Quarter Demand Previous quarter's output 2500 units 1 2300 Beginning inventory 200 units 2 2400 Stockout (backorder) cost $50 per unit 3 2600 Inventory holding cost $10 per unit at end of quarter 4 2100 Hiring workers $4 per unit Laying off workers $8 per unit Unit cost $30 per unit Overtime $10 extra per unit What is the total cost of pursuing a level aggregate plan over the coming year?
The mortgage clause
A) ensures that the lender receives insurance payouts for structural damage to the home. B) ensures that the face amount of the policy covers the remaining balance on the loan. C) ensures that you have an insurable interest in the home. D) provides for periodic insurance payments.
Did Dawn say anything wrong when she called her boss the best in the area?
What will be an ideal response?
In nearly all cases, the purpose of a hedge is to
A) reduce or eliminate risk. B) make a very high profit in an extremely short time frame. C) speculate on a downward drop in a general market index. D) speculate on an upward movement in a given currency.