On October 1, Year 1, Jason Company paid $3,600 to lease office space for one year beginning immediately. What is the cash outflow for rent that would be reported on the Year 1 statement of cash flows

Answers

Answer 1

The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

What is cashflow?

This is the amount of cash , which a company receives or gives out by the way of payments to its creditors.

Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.

The duration of the payment is 12 months, hence  

Monthly amortization

= $3,600 / 12

= $300

Rent expense for year 1

= $300 × 3

= $900

The ending balance in the prepaid rent account will be  

= $3,600 - $900

= $2,700

This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.

Hence, the cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

Learn more about cashflow here : https://brainly.com/question/14723642

#SPJ1


Related Questions

In the context of the career stage model, _____ are sequences of job experiences along which employees move during their careers.

Answers

The sequence of job experiences along which employees move during their careers in the career stage model is known as the career path.

What is a Career?

When an individual chooses his profession based on his interest and opportunities in the profession to achieve success is known as his career.

The career path is referred to as a sequence of jobs an individual did to achieve his personal and professional goals. For example, when anyone starts his job from fresher level to managerial level. The journey and the experience he had from beginner to experience will be considered a career path.

This carrer path helps an individual to grow, learn skills, develop new interests and take on challenges to achieve growth in life. This career path helps to change the field if you are not satisfied with the work or growth you are seeking.

Learn more about Career, here:

https://brainly.com/question/2160579

#SPJ1

Select the correct answer.
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
A.
confidence
B.
honesty
C.
responsibility
D.
resourcefulness
E.
punctuality

Answers

According to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

What is responsibility?

It is the quality of that individual who fulfills his obligations and assumes the consequences of his acts.

Through it, individuals make decisions consciously and take responsibility for the consequences that may arise from them, in addition, it implies the commitment to fulfill agreements and obligations.

Therefore, we can conclude that according to the research, Joana is demonstrating responsibility for delivering a last-minute presentation on behalf of her team.

Learn more about responsibility here: https://brainly.com/question/12656357

#SPJ1

Answer:

i don't think its B C D or E. quite stumped myself.

Explanation:

A business's budget estimates yearly sales of $735,650. if the business plans to spend 38%
of sales on salaries and wages and 24% of sales for other expenses, how much should it
budget for total expenses?
o $456,103
o $279,547
o $176,556
o $529,668

Answers

The amount that it should budget for total expenses is: $456,103.

Budgeted total expense

Using this formula

Total expenses=(Yearly sales×38%)+ (Yearly sales×24%)

Let plug in the formula

Total expenses=$279,547+$176,556

Total expenses=$456,103

Therefore the correct option is A.

Learn more about total expenses here:https://brainly.com/question/25317819

#SPJ1

Select the correct answer from each drop-down menu. which sector dominates developed economies such as the united states? in developed economies such as the united states, the sector dominates the economy. examples include legal firms, , and so on.

Answers

Legal firms and hospitals are the that dominates the economy is the consumer service sector.

Which sector dominates developed economies such as the United States?

In the Unites State which is a developed country is highly dominated by the service sector, in US about 80% of the country's output. The US service sectors companies are technology, financial services, healthcare and retail, that dominated maximum economy.

Thus, Legal firms and hospitals

For more details about sector dominates developed economies, click here:

https://brainly.com/question/26634414

#SPJ1

Why should investors know the difference between nominal and real interest rates?.

Answers

Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

Nominal and real interest rates

It is important or paramount that  investors know the difference between nominal and real interest rates as this will enable them to know the effect of inflation which occur when their is  increase in the price of goods and service.

Nominal interest rates will  help tell investors about the current situation in the market  while Real rates will tell investor  the returns they can gain so as to increase their capital.

Therefore Why should investors know the difference between nominal and real interest rates is: To be able to to recognize the effects of inflation.

Learn more about Nominal and real interest rates here:https://brainly.com/question/13324776

#SPJ1

What is opportunity cost? ( selext the best answer)

Answers

Answer: the loss of potential gain from other alternatives when one alternative is chosen

Explanation:

Which of these is the MOST accurate way to describe a typical manager from one hundred years ago?
OA gentle and kind
OB. strict and enforcing
OC. busy yet friendly
OD. talkative and bored

Answers

Answer:

The answer is strict and enforcing.

Explanation:

This is because the manager would keep all their workers in place, and prevent them from breaking any rules.

I’m going to go with strict and enforcing because back then was a different time period that we are in rn

Installation and start-up costs for utilities are called.

Answers

Installation and start-up costs for utilities are called seed or start-up capital. This is further explained below.

What is start-up capital.?

Generally, start-up capital. is simply defined as the money an entrepreneur raises to cover the startup expenses of a new business until it is profitable.

In conclusion, It is termed seed or start-up funding for utility installation and startup expenditures.

Read more about start-up capital.

https://brainly.com/question/22447523

#SPJ1

Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the _______, the anticipation of receiving a highly desirable option only to have it become inaccessible.

Answers

Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.

What is classic dilemma?

Classic dilemma is a type of dilemma where an individual does not have a choice to pick or select.

The individual is faced with just a choice from the option.

Therefore, Jennifer bought an AirFryer online and chose an in-store pick-up option. When she went to pick up the AirFryer, she was told that the product was sold out. Jennifer's dilemma is referred to as the classic dilemma, the anticipation of receiving a highly desirable option only to have it become inaccessible.

Learn more on dilemma below,

https://brainly.com/question/484220

#SPJ1

cash flows earlier in a project's life are more valuable than Blank______ cash flows later on. Multiple select question. Higher; lower Lower; higher Higher; higher Lower; lower

Answers

Cash flows earlier in a project's life are more valuable than Higher cash flows later on Lower. Option A. This is further explained below.

What is the project?

Generally, the project is simply defined as company that is well organized to accomplish a certain goal.

In conclusion, A project's early cash flows are more valuable than its later cash flows that are higher, but later on.

Read more about the project

https://brainly.com/question/15999858

#SPJ1

Natasha is listening to dominick talk about his plans to build his kids a tree house. although he has been talking for some time, she hasn't been able to extract the main point. she has asked questions to clarify what he says. she still isn't sure about what he's saying, so she repeats what he said to see if she has it right. she makes sure not to judge what he's saying since she didn't understand. she decided that she would take notes the next time. which part of this description exemplifies analytical listening?

Answers

The part that has to do with analytical listening is, she has asked questions to clarify what he says.

What is analytical listening?

This is the type of listening that is done in such a way that what is being said would be properly analyzed.

This is not just about understanding what is being said. It has to do with division of questions to get to the main points.

Read more on analytical listening here:

https://brainly.com/question/20841873

#SPJ1

__________ involves the review and evaluation of the records and processes that are used to prepare the organization's financial statements.

Answers

Answer:

this is a Financial audit

The market price of a security is $50. Its expected rate of return is 14%. The risk-free rate is 6%, and the market risk premium is 8.5%. What will be the market price of the security if its correlation coefficient with the market portfolio doubles (and all other variables remain unchanged)

Answers

The market price of a security is $50. Its expected rate of return is 14%, and the market price of the security  is mathematically given as

MR=27.368

What will be the market price of the security if its correlation coefficient with the market portfolio doubles?

Generally, the equation for expected rate return is mathematically given as

RR=(Rf+beta*(Rm-Rf)

Therefore

RR=(Rf+beta*(Rm-Rf)

Beta= (13-7)/8

Beta=0.75

In conclusion, the market price of a security

MR=DPs/RR

Where

Po=DPS/RR'

DPS=40*0.13

DPS=$5.23

and

RR=&+1.5*8

RR=19%

Hence

MR=$5.23/0.19

MR=27.368

Read more about market price

https://brainly.com/question/17205622

#SPJ1

Outline any other THREE qualities of a successful entrepreneur​

Answers

Answer:

Robust Work Ethic.

Deep Passion.

Creativity. ...

Motivated Self-Starters. ...

Easygoing Attitude. ...

Eager to Learn.

you can choose any three you want :)

An effect of changing legislation on human resources professionals is that: Multiple select question. they must update company HR policies and procedures to stay current with legal changes it reduces the cost of managing human resources they must stay current with changes in the law they must automatically increase compensation for all employees

Answers

They must update company HR policies and procedures is An effect of changing legislation on human resources professionals.

What is human resources?

Human resources is the recruiting department in the organization, that has many roles and responsibilities like payroll, fill the vacant position of the company, ensure the company's harmony, arranging the events in the organization.

Thus, option A is correct.

For more details about human resources, click here:

https://brainly.com/question/13190588

#SPJ1

The main benefit of a technical school certification
is (4 points)
Select one:
a. more limited choices for careers
b. more time spent perfecting skills compared to college
c. reduced costs compared to other degree options
d. reduced earning potential compared to college

Answers

Explanation:

more time spent perfecting skills compared to college

Select the correct answer.
Which equation is the correct fundamental accounting equation?
OA owner's equity = liabilities -assets
OB.
assets liabilities - owner's equity
=
OC. assets = liabilities + owner's equity
O D.
assets + liabilities = owner's equity

Answers

Answer:

Assets=liabilities+owner's equity

As the number of stocks in a portfolio rises, a. neither firm-specific risks nor market risk falls. b. market risk falls; firm-specific risks do not. c. firm-specific risks fall; market risk does not. d. both firm-specific risks and market risk fall.

Answers

The correct statement is if the number of stocks in a portfolio rises then the firm-specific risks fall; market risk does not. .

What happened if number of stock would be increased in the portfolio?

If the number of the stocks increases in the portfolio, then the total overall return from the portfolio will decreased.

it usually happens because some stock in the stock market generally outperforms the other stock. On the other hand, most of the stocks provides an average return on them.

The risk in the portfolio can be reduced by adopting the diversification in the portfolio.

Learn more about the portfolio here:-

https://brainly.com/question/17165367

#SPJ1

Define the term teamwork

Answers

Answer:

helping and communicating

Explanation:

word done by several associates with each doing a part but all subordinating personal prominence to the effeciency of the whole

hope it helps

source: merriam webster

Answer:

the combined action of groups ,especially when effective and efficient

According to Forrester's Social Technographics Model a ______ score measures how common it is for a target segment to share product and service experiences, such as sharing what songs they're listening to on Spotify or comparing their workouts to that of other Fitbit users.

Answers

According to Forrester's Social Technographics Model a Use score measures how common it is for a target segment to share product and service experiences.

What is Forrester Social Technographics Model?

This is the model that was developed by this person which focuses on social behaviors.

The model is one that helps commercial business peiople to target the behaviors of their audiences for the sake of building customers relationships.

Read more on Forrester's Social Technographics Model here:

https://brainly.com/question/13649774

#SPJ1

Resources (such as land) and technology (such as the ability to draw water from a well):Multiple choice question.influence the likelihood that consumers will purchase the product.cannot be influenced by producers.are the most expensive inputs that producers use.contribute to how a good or service is produced for the market.

Answers

Resources and technology contribute to how a good or service is produced for the market.

What is Resources and technology used for?

The resources serves as the Primary factor of production while the technology forms part of the secondary factor of production.

They are both essential factor on how a good or service is produced for the market.

Therefore, the Option D is correct.

Read more about production factor

brainly.com/question/17518033

#SPJ1

Products whose demand rises when another product’s price increases are called.

Answers

Close Substitutes.

When the price of a commodity rises, the demand for its close substitute is likely to rise because the price of the close substitute remains the same.

Scott is a 15-year-old student who works at a part-time job and gets paid every two weeks. His paycheck goes directly to his prepaid debit card. Due to some unexpected expenses, Scott is applying for a payday loan. After visiting the storefront payday lender, Scott was denied the loan because he

Answers

Scott was denied the loan because he was not old enough to qualify.

What is the Payday loan?

Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.

According to the above situation, Scott is cannot get the payback loan because he is  minor to sanction a loan. He must have the age of 18 years or above.

Learn more about payday loan here:

https://brainly.com/question/3949419

#SPJ1

Accounting information is categorized as inputs, processing, or outputs. Select the appropriate category for each type of accounting information listed. 1. Sales Documents (Click to select) 2. Journal Entries (Click to select) 3. Payroll Records (Click to select) 4. Travel Records (Click to select) 5. Income Statement (Click to select) 6. Posting to Accounts (Click to select) 7. Balance Sheet (Click to select) 8. Summarizing Accounts (Click to select) 9. Statement of Cash Flows

Answers

There are various accounting information which can be grouped under input, processing and outputs.

Correct grouping of accounting information

1.) Sales Documents: Processing

2. Journal Entries: inputs

3. Payroll Records: inputs

4. Travel Records: outputs

5. Income Statement: outputs

6. Posting to Accounts: outputs

7. Balance Sheet: processing

8. Summarizing Accounts: processing

9. Statement of Cash Flows: processing

Learn more about account statement here:

https://brainly.com/question/24696035

#SPJ4

What makes a business unique

Answers

Answer:

A lot of things can make a business unique since every entrepreneur has different ideas when starting a new business it depends on the persons approach to their business.

Answer:

the people, their approach, the intangible elements.

The __________ market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.

Answers

The B2B market consists of individuals and organizations that want goods and services in order to produce goods and services or to sell, rent, or supply those goods to others.

What is B2B marketing?

B2B marketing can be regarded as business-to-business marketing which is a kind of marketing used to focus on other business.

It involves focusing on the process of selling a product or service to a business as well as the affairs of that other business.

learn more about B2B market at https://brainly.com/question/25754149

#SPJ1

Gross domestic product tracks economic growth by measuring all goods and services

exported by an economy.
produced by an economy.
imported by an economy.
purchased by an economy.

Answers

Gross domestic product tracks economic growth by measuring all goods and services option B: produced by an economy.

What is Gross domestic product?

Gross Domestic Product is refers to as the measurement of the total value of the output of all the goods and services produced within a Financial year by the country.

Moreover, the term GDP does not include Intermediate goods and services because it is only concerned with the New and Current production.

Therefore, correct option is B.

Learn more about Gross domestic product, refer to the link:

https://brainly.com/question/14290457

#SPJ1

Answer:

B just got it right

Explanation:

Bill was 150 pounds overweight but his insurance premiums significantly dropped after he lost weight by going to a local health club and sending his insurance company recored of his monthly visits with a personal trainer what kind of measures did bill take that led for his insurance premiums to drop

Answers

The kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

What is a preventative measure?

In insurance, a preventative measure can be defined as a kind of measure that typically involves reducing the degree of risk associated with an insurance object, and mitigating (decreasing) the negative impact of potential insurance-related accidents on the insured.

In this context, we can infer and logically deduce that the kind of measures that Bill took which made his insurance premiums to drop is a preventative measure.

Read more on insurance here: https://brainly.com/question/16789837

#SPJ1

Visit the web site for a different well-known company, and find the section that lists the company's values. what are the company's values? how do they relate to the products the company sells? did anything surprise you about the company's values? why or why not?

Answers

Person can visit the website of Microsoft is the well known company to find the section that lists the company's values.

What are the core values that Microsoft has?

Innovation - People think that technology can and should be used for good, and that meaningful innovation can and will help to make the world a better place in both large and little ways.Inclusion and variety Diverse voices allow us to thrive. To inform, challenge, and push our thinking, we draw on the experiences, strengths, and perspectives of our workers and customers.CSR- people think that technology has the potential to be a great force for good, and we are working to ensure that everyone has access to the benefits and opportunities that technology provides. Artificial Intelligence- AI, we believe, can enhance your capabilities, free you up for more creative and strategic pursuits, and help you or your organization achieve more when it is created with humans at the heart

Thus, Microsoft is company that have a solid values.

For further details about core values that Microsoft , click here:

https://brainly.com/question/17031465

#SPJ1

define permanent office in one sentence​

Answers

Answer:

A permanent office is also known as the long term office. It is established for the production and distribution of goods and services over a long period of time.

Explanation:

Mark me brainlist
Other Questions
situacion en la que se pueda llevar a cabo la creatividad como medio para solucionar el conflicto PLS HELP WILL GIVE BRANLIEST: Draw the image of triangle ABC under a dilation whose center is P and scale factor is 1/3 Select the correct answer.Richard reads 28.9 inches of mercury on a barometer, which is 1 inch lower than normal atmospheric pressure. The temperature is 40F. What type of weather is most likely to occur where Richard is?A. fair and dryB. droughtC. rain showerD. snowfall Is it mostly a good or bad thing to have the experiences of losing the innocence of childhood? Discuss wheter young generation be obedient to elder write both sides of the story Which point lies on the line described by the equation below? y+ 4 = 4(x-3) O A. (3,-4) O B. (2,9) O C. (0,0) O D. (1,-11) E. (1,11) OF. (-2, 3) PREVIOUS SUBMIT 22949 Which situation would be more likely to occur in the modern era than in earlier periods of human history? a. a community divides itself into social classes based on citizens' wealth and family history. b. a powerful military leader uses violence to seize control of a country's government. c. a farming community struggles to produce enough food to feed its large population. d. a factory creates a health hazard in the surrounding community by polluting a river. submit What is the value of x in the equation shown Below?2(x+4)-4x=10x-4 Which sentence from this body paragraph is most likely the concluding sentence? 10In general, what is the overall goal of people who choose to work in the Maintenance/ Operations pathway?O .Come up with the most creative way to build structures.OB.Create blueprints for workers to build structures.OC. Keep our structures in the best shape they can be.OD. Streamline the process on the shop floor.NextReset2 Which of these are factors that caused Europeans in the West Indies to use enslaved Africans? Check all of the boxes that apply. They needed many people to work on their plantations. They turned to Africans after West Indies natives planned major rebellions. They turned to Africans after West Indies natives died in large numbers. They could not afford to pay workers from the West Indies. They brought enslaved workers with them from Europe What benefits camefrom the collapse of communism in Eastern Europe? Check all that apply.greater freedom of movementbroader range of public servicesmore honesty in governmentgrowth in entrepreneurshipmore contact with Western Europe Cost of Bikes ($) at Bike Shop312, 352, 480, 392, 368, 352, 416, 640Ic. modeThe mode is. What is the concentration of hydronium and hydroxide ions in pure water at 25c. (-14,-13), (-7,-7)Can anyone help me solve this - algebra 1) H(g)+Br(g)2HBr(g) has a heat of reaction of ___ kJ.2)CH(g)+I(g)CHI(g)+HI(G) has a heat of reaction of ___kj.3)NH(I)+O(g)N(g)+ 2 HO(g) has a heat of reaction of __kj. Which of the following best describes how the Transcontinental Railroadchanged American Indian life in the mid-19th century? Daniel runs 40/5 miles in 124/ minutes. What is the unit rate in terms of miles per minute? What the answer: Drag three quotations from the excerpt into the empty boxes under the main ideas they support The brave men, living and dead, who struggled here, have consecrated it far above our poor power to add or detract. The world will little note, nor long remember, what we say here, but it can never forget what they did here. -Abraham Lincoln, Gettysburg Address, 1863 What point is Lincoln making in this passage? A. People will continue to die unless slavery is ended. B. We should always remember the people who died at Gettysburg. C. His speech should be studied and remembered. D. He should be given more power to end the war.