On July 1 2014 the Indigo Ltd Rented Out Part

question 61

Multiple Choice

On July 1 2014 the Indigo Ltd rented out part of its property and collected $9000 in advance for a nine-month period. The receipt was credited to a liability account. At 31 December 2014, Indigo Ltd's year-end, which of the following adjusting journal entries should be made?

• A) DR Cash $6000; CR Rent income $6000
• B) DR Rent income $3000; CR Unearned rent income $3000
• C) DR Unearned rent income $6000; CR Rent income $6000
• D) DR Rent receivable $6000; CR Rent income $6 000

---

Definitions:

Problem-Focused Coping

A type of coping that aims at reducing or eliminating stressors by attempting to understand the problem and seeking practical ways in which to resolve it.

Stressors

Events or situations that cause stress, triggering physical or emotional reactions.

Wellness Programs

Initiatives implemented by organizations to promote healthy behaviors and improve the overall well-being of their employees.

Hospital Admissions

The process of registering and entering a patient into a hospital for medical care and treatment.