Use This Information to Answer the Following Question If as of December 31,2010,the Rent of $100 for December

question 148

Multiple Choice

Use this information to answer the following question. The trial balance for Tsung Corporation appears as follows:
$\begin{array}{c}\text {Tsung Corporation}\\\text {Trial Balance}\\\text {December 31, 2010}\\\begin{array}{|l|r|r|}\hline\text { Cash } & \$ 200 \\\text { Accounts Receivable } & 500 \\\text { Prepaid Insurance } & 50 \\\text { Supplies } & 150 \\\text { Office Equipment } & 400\\\text { Accumulated Depreciation-Office Equipment } & & \$ 200 \\\text { Accounts Payable } & & 300 \\\text { Common Stock } & &600 \\\text { Service Revenue Earned } & & 500\\\text { Salaries Expense } &100 \\\text { Rent Expense } & 200 & \\&\underline{\$ 1,600} &\underline{\$ 1,600} \\\hline\end{array}\end{array}$
If as of December 31,2010,the rent of $100 for December had not been recorded or paid,the adjusting entry would include a

• A) debit to Rent Expense for $100.
• B) debit to Rent Payable for $100.
• C) credit to Cash for $100.
• D) credit to Accumulated Rent for $100.

Understand the historical development and significance of the civil service system.

Describe the impact of specific laws and acts on the organization and behavior of bureaucracies.

Identify the components and models of bureaucracy as analyzed by sociologists and political scientists.

Comprehend the differences between public and private bureaucracies.

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Definitions:

API Gravity

A measure used to quantify the density of petroleum liquids relative to water, indicating how heavy or light the petroleum is.

Population Slope

The slope of the regression line that represents the relationship between two variables across the entire population.

Linear Relationship

A type of relationship between two variables where a change in one variable is associated with a proportional change in the other variable.

API Gravity

A measure of the density of petroleum liquids relative to water, used in the petroleum industry to classify oils.