One of the Questions Posed to a Sample of 286

question 58

Multiple Choice

One of the questions posed to a sample of 286 incoming freshmen at a large public university was, "Do you have any tattoos?" Their responses are shown below in the pie chart. Please note that the values shown represent the number of responses in each category. Based on the responses shown in the pie chart, what percentage of the freshmen responded with
"Yes?"

• A) 76
• B) 26.6%
• C) 76%
• D) 73.4%

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Definitions:

Posting

The process of transferring journal entry amounts to the respective accounts in the general ledger.

Prepaid Rent

The amount paid for rent before it is due, recorded as an asset on the balance sheet and expensed over the period the payment covers.

Rent Revenue

The income earned from leasing out properties or assets to tenants under rental agreements.

Unearned Rent

Payment received for rent before the rental period has occurred, classified as a liability until earned.