Murphy company sublet a portion of its warehouse for five years at an annual rental of $60,000, beginning on may 1, 2019. the tenant, sheri charter, paid one year's rent in advance, which murphy recorded as a credit to unearned rent revenue. murphy reports on a calendar-year basis. the adjustment on december 31, 2019 for murphy should be
a. unearned rent revenue 20,000 revenue 20,000
b. revenue 20,000 unearned rent revenue 20,000
c. unearned rent revenue 40,000 revenue 40,000
d. no entry

Sara bought 12 3/4 cakes sara's friends ate 3/8 how much cake is left

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?