The Family Dental Corporation prepays the rent on its dental office. On July 1, the corporation paid $18,000 for 6 months of rent
How much Rent Expense should Family Dental Corporation record the three months ended September 30 under the cash basis? Why?
What will be an ideal response
Family Dental should report Rent Expense of $18,000 because expenses are recorded when cash is paid.
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Digital analysis is:
a. the art of analyzing the digits that make up numbers like invoice amounts, reported hours, and costs. b. a technique which calculates the average probability for each grouping of data. c. the searching for expected relationships between numbers. d. the use of numeric values for decision making.
Whilst ______ leaders work within their organizational cultures following existing rules, procedures and norms, ______ leaders change their culture by realigning it with a new vision and a revision of its shared values and norms (Bass 1085).
a. autocratic; democratic b. transactional; transformational c. autocratic; transactional d. democratic and transformational
Warehouse clubs are able to offer a broad range of merchandise because their product lines are shallow and their sales volumes high.
Answer the following statement true (T) or false (F)
Tables should be used when
a. the reader need not refer to specific numerical values. b. the reader need not make precise comparisons between different values and not just relative comparisons. c. the values being displayed have different units or very different magnitudes. d. the reader need not differentiate the columns and rows.