Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. jan 1. the salon rented a place that cost 12,000 a

Jan 1. The salon rented a place that cost 12,000 annually to start the business....

70.2K

Verified Solution

Question

Accounting

Jan 1. The salon rented a place that cost 12,000 annually to start the business. The full payment due in Dec. 31, 2020.
How will be recording the transaction in Jan 31. ??

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Finance
1.2K views

9.1 . Describe 10 best practices for managers to identify information technology, regulations, and risk management...

Accounting
1.2K views

SecuriCorp operates a fleet of armored cars that make scheduled pickups and deliveries in the Los...

Biology
1.2K views

7 The 3 types of lacrosse are men s 3 9 T F The team...

Physics
1.2K views

0 A ball is dropped from a height of 20 m above the surface of...

Basic Math
1.2K views

For the statement below, write the claim as a mathematical statement. State the null and...

Statistics
1.2K views

for voters in Rising Falls County is approximately normally distributed An article for the newspaper...

Accounting
1.2K views

Price / Unit VC / Unit CM / Unit Total Fixed Costs = $20,000...

Accounting
1.2K views

.Which statutory deductions apply to taxable allowances?

Accounting
1.2K views

A business purchased a new truck at a cost of $200,000 with a useful life...

Accounting
1.2K views

As the recently appointed auditar far Ivanhoc Corporation, you have been asked to cxaminc selected...

Accounting
1.2K views

On August 1, Express Fashion Store counted its inventory to be $35,000. During August, the...

Accounting
1.2K views

Setups, material handling, and inspection are all possible examples of _________.: 1) product diversity 2)...