Green realty company received a check for 30000 on july 1

Assignment Help Accounting Basics
Reference no: EM13589010

Green Realty Company received a check for $30,000 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full $30,000. Financial statements will be prepared on July 31. Green Realty should make the following adjusting entry on July 31?

Reference no: EM13589010

Questions Cloud

A law firm received 2000 cash for legal services to be : a law firm received 2000 cash for legal services to be rendered in the future. the full amount was credited to the
A magnetic field is oriented at an angle 60 degrees to the : a magnetic field is oriented at an angle 60 degrees to the normal of a rectangular area. if the magnetic field has a
What are internal controls why do companies need them what : what are internal controls? why do companies need them? what are some examples of internal controls? who is responsible
Prepare a new segmented income statement for the company : marple associates is a consulting firm that specializes in information systems for construction and landscaping
Green realty company received a check for 30000 on july 1 : green realty company received a check for 30000 on july 1 which represents a 6 month advance payment of rent on a
A company has the opportunity to sell 1000 extra units of : a company has the opportunity to sell 1000 extra units of product to a new customer outside the us. the price at which
An asteroid of mass 59000 kg carrying a negative charge of : question an asteroid of mass 59000 kg carrying a negative charge of 12.0 muc is 170 m from a second asteroid of mass
Internet case-calpers while the examples in this have : internet case-calpers. while the examples in this have focused on a single-employer plan many states operate statewide
You purchased an mri scanner two years ago for 20 million : you purchased an mri scanner two years ago for 2.0 million. the mri has a 5-year depreciable life with no salvage

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd