Indicate how each event affects the elements of financial statements. Use the following letters to record your answer in the box shown below each element. You do not need to enter amounts. Increase = I Decrease = D No Effect = NA (Note that "No Effect" means that the event does not effect that element of the financial statements or that the event causes an increase in that element is offset by a decrease in that same element.)An adjusting entry recorded as a debit to Rent Expense and a credit to Prepaid Rent.AssetsLiabilitiesStk. EquityRevenuesExpensesNet IncomeStmt of Cash Flows???????
What will be an ideal response?
(D) (NA) (D) (NA) (I) (D) (NA)
Debits increase expense accounts, which in turn decrease stockholders' equity, and credits decrease asset accounts, such as prepaid rent.
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On May 18, 2018, Fran Co. invested excess cash of $50,000 by purchasing bonds of Hans Inc. At year-end, December 31, 2018, the market price of the bonds was $52,000. The investment is categorized as a trading debt investment. Journalize the adjusting entry needed at December 31, 2018. Omit explanation.
What will be an ideal response?
Which is the only feedback orientation that will consider negative feedback?
a. avoidant b. performance prove c. learning d. motivated
Which of the following is correct concerning the chronological résumé?
a. It is a newer, alternate organizational format for résumés. b. Reverse chronological order for dates is typical in this type of résumé, although it is not always effective. c. It is especially effective for applicants who have gaps in employment or who have held various types of jobs. d. It is best for applicants who wish to emphasize work experience rather than education.
_____ of the Johari Window includes things we do not know about ourselves and others do not know about us.?
A) ?Area I B) ?Area II C) ?Area III D) ?Area IV