If an Entity Paid $200 for Two Months' Rent in Advance

question 4

Multiple Choice

If an entity paid $200 for two months' rent in advance on 1 June and recorded it all as prepaid rent on that date, which of the following would be the necessary adjusting entry at 30 June?

• A) Debit rent expense $100 and credit prepaid rent $100
• B) Debit prepaid rent $100 and credit rent expense $100
• C) Debit rent expense $200 and credit prepaid rent $200
• D) Debit prepaid rent $200 and credit rent expense $200

Comprehend the effects of temperature and pH on enzyme activity and cellular processes.

Understand the role of ATP in cellular energy transfers and the concept of phosphorylation.

Appreciate the biophysical processes behind diffusion and the principles governing movement across membranes.

Understand the characteristics of different managerial styles according to Blake and Mouton's framework.

---

Definitions:

Bureaucracy

A system of administration characterized by strict policies, procedures, and hierarchy, typically found within large organizations and governments.

Group Size

The number of individuals participating in a social group or gathering, affecting its dynamics and interactions.

Group Dynamics

The study of the behaviors and psychological processes occurring within a social group, or the effects the group has on individual behavior.

In-Groups

Social groups to which an individual feels they belong, where members often share similar interests or identities.