19) on July 1, 2020 hospitals made an advanced payment of 38 700 to cover...
70.2K
Verified Solution
Link Copied!
Question
Accounting
19) on July 1, 2020 hospitals made an advanced payment of 38 700 to cover rent for the next 18 months July 1, 2020 to December 31, 2021. What is the balance in their prepaid rent account after adjusting entries have been made April 30, 2021.20) which of the following does not represent an asset of the company? Supplies purchased for a later use in the business amounts that are owned by the customers from providing services amounts owed to the government for unpaid taxes. Security deposits, made by the company to establish utility service. 21!) how many of the following transactions are investing activities repay 50,000 borrowed from bank purchase 12,000 and supplies purchase services to customers for 27,000 pay the utility bill of 750 purchase a delivery truck for 12,000 receive 25,000 from issuing common stock hey salaries to employees of 15,000 A1 b 3 c 5 d 4 22) which of the following would not be considered a liability of the company: the cost of electricity that the company has used, but not yet been billed for the amount of unpaid interest that accumulated on a bank loan, the value of the advanced payments received by customers for a work ticket to play in the future amounts paid to employees for the work they have completed
20) which of the following does not represent an asset of the company? Supplies purchased for a later use in the business amounts that are owned by the customers from providing services amounts owed to the government for unpaid taxes. Security deposits, made by the company to establish utility service.
21!) how many of the following transactions are investing activities repay 50,000 borrowed from bank purchase 12,000 and supplies purchase services to customers for 27,000 pay the utility bill of 750 purchase a delivery truck for 12,000 receive 25,000 from issuing common stock hey salaries to employees of 15,000 A1 b 3 c 5 d 4
22) which of the following would not be considered a liability of the company: the cost of electricity that the company has used, but not yet been billed for the amount of unpaid interest that accumulated on a bank loan, the value of the advanced payments received by customers for a work ticket to play in the future amounts paid to employees for the work they have completed
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.