Rent collected in advance is:
(a) a liability account in the balance sheet. correct
(b) a temporary account, not in the balance sheet at all.
(c) an asset account in the balance sheet.
(d) a shareholders' equity account in the balance sheet.

What are ways individuals may reduce their total education and training costs?

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk