Queenlatifah8995 Queenlatifah8995
  • 17-11-2021
  • Business
contestada

Somerset Leasing received $60,000 for 12 months' rent in advance. How should Somerset record this transaction

Respuesta :

sspain1978
sspain1978 sspain1978
  • 17-11-2021
+ Credit 60,000 month received
- Debit 5,000 month received
- Debit 5,000 month for the next 11 months
Answer Link

Otras preguntas

Choose the appropriate form of the preterite or imperfect verb in each sentence: Por fin, yo (terminar) este (this) examen. please help will mark brainliest.
Why are theories that are wrong as important as theories that are correct? science Dont put whatever OR else ill report
How does Neutral Shipping relate to both World War One and its aftermath?
PLEASE HELP CHOOSING BRAINLIEST
what is the Acid name for HArO3
Question 6 of 10 The slope of the line below is -3. Which of the following is the point-slope form of the line? 5 (2,-2) O A. y-2 = 3(x+2) O B. y + 2 = -3(x - 2
What MOST LIKELY represents the negative space in this work? Select one: a. the pearl earring b. the girl c. the black background around the girl d. the girl’s
3. The weight of cell phones is normally distributed. The mean weight of a sample of 300 cell phones is 112 grams, with a standard deviation of 2 grams. With a
Min draws an isosceles triangle. Which attributes describe his triangle? Choose each correct answer. not a polygon no angles the same measure three sides two ob
Order the steps to solve the equation log(x^2-15)= log(2x) form 1 to 5 x^2-2x-15=0 Potential solutions are -3 and 5 x^2-15=2x x-5=0 or x+3=0 (x-5)(x+3)=0