subject
Mathematics, 19.09.2019 19:00 RicoGonza

The balance in the unearned rent account for jackson co. as of december 31 is $1,500. if jackson co. failed to record the adjusting entry of $500 of rent earned in december, the effect on the balance sheet and income statement for december would be
a. liabilities overstated $1,000; net income overstated $1,000.
b. assets understated $500; net income overstated $500.
c. liabilities overstated $500; net income understated $500.
d. liabilities understated $500; net income understated $500

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 18:00
The center of the circumscribed circle lies on line segment and the longest side of the triangle is equal to the of the circle.
Answers: 2
question
Mathematics, 21.06.2019 20:40
Reduce fractions expressing probability to lowest terms. in 3,000 repetitions of an experiment, a random event occurred in 500 cases. the expected probability of this event is?
Answers: 3
question
Mathematics, 21.06.2019 23:10
Aramp rises 4 feet over a distance of 10 feet. what is the length of the ramp?
Answers: 3
question
Mathematics, 21.06.2019 23:30
Jane has 5 nickels.john has 3 dimes.jane says she has a greater amount of money.with the information given,is she correct?
Answers: 3
You know the right answer?
The balance in the unearned rent account for jackson co. as of december 31 is $1,500. if jackson co....
Questions
question
English, 20.03.2021 14:00
question
Business, 20.03.2021 14:00
question
English, 20.03.2021 14:00