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Instruction 11-3
As part of an evaluation program, a sporting goods retailer wanted to compare the downhill coasting speeds of four brands of bicycles. She recorded three trials of each brand and determined their maximum downhill speeds. The results are presented in kilometres per hour in the table below.
-Referring to Instruction 11-3,the value of MSA is _____,while MSW is ___________.
Adjusting Journal Entry
A financial transaction recorded at the closure of an accounting cycle to properly assign earnings and expenses to the corresponding period.
Performed
Carried out or executed a task or function.
Prepaid
Refers to expenses that have been paid in advance of their due date and are recorded as assets until they are actually incurred.
Annual Rent
The total amount paid or to be paid for the use of a property or space for one year.
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