A check was received for $1,090.00 from the Sierra Jet Set for storage fees on personal watercraft

Fantastic news! We've Found the answer you've been seeking!

Question:

A check was received for $1,090.00 from the Sierra Jet Set for storage fees on personal watercraft and equipment. This check prepays their storage fees for June, July and August. How do I journalize this?

Related Book For answer-question

Elementary Statistics

ISBN: 978-0538733502

11th edition

Authors: Robert R. Johnson, Patricia J. Kuby

See More Books

Posted Date: May 25, 2018 01:10 AM

See More Questions

The popularity of personal watercraft (PWCs, also known as jet skis) continues to increase, despite the apparent danger associated with their use. In fact, a sample of 54 watercraft accidents...
On June 30, 2011, Fly-By-Night Airlines leased a jumbo jet from Boeing Corporation. The terms of the lease require Fly-By-Night to make 20 annual payments of $400,000 on each June 30. Generally...
On July 1, Pine Region Dairy leased equipment from Farm America for a period of three years. The lease calls for monthly payments of $2,500 payable in advance on the first day of each month,...
What is the maximum height above ground that a projectile of mass 0.790 kg, launched from ground level, can achieve if you are able to give it an initial speed of 80.3 m/s?
A substance, with a density of 0.2 lbm/ft3, occupies 20 ft3. Calculate its specific volume, specific gravity, mass, and weight.
Determine the reactions at the truss supports A and B.The distributed loading is caused by wind. 600 lb/ft 400 lb/ft 20 ft lon co 48 ft 48 ft
A four-cylinder in-line engine has a reciprocating weight of $1.5 \mathrm{~kg}$, a stroke of $15 \mathrm{~cm}$, and a connecting-rod length of $25 \mathrm{~cm}$ in each cylinder. The cranks are...
Summarize how the electron transport chain functions to produce ATP in a bacterial cell versus a eukaryotic cell. Explain whether or not the term chemiosmosis accurately illustrates this process.
Sustainability efforts can positively impact other business areas, such as customer satisfaction or increased marketing/brand awareness. How sustainability efforts have impacted other areas of the...
Modern Kitchenware Co. specializes in the manufacturing and distribution of items used in the kitchen. Among its many products are microwave ovens, toasters, electric can openers, etc. Its home base...
Linda Fashion operates three departments: Men's, Women's, and Accessories. Departmental operating income data for the third quarter of 2018 are as follows: Linda Fashions Product Line Contribution...
True Or False Defendants are discouraged from settling when nonreleased defendants cannot seek contribution from released defendants.
With a(n) ____________ ____________ agreement the defendant agrees to guarantee the plaintiff a certain amount of money if the plaintiff loses or receives less than a designated amount. The terms of...
What effects has the tort system had on the business community?
What is the doctrine of equitable indemnity?
What social policy underlies joint and several liability?
Describe the elements of a bad-news message that uses an indirect approach. start with a neutral buffer , a statement that relates to the message, reasons for the bad news , stating it as...
You continue to work in the corporate office for a nationwide convenience store franchise that operates nearly 10,000 stores. The per- store daily customer count (i.e., the mean number of customers...
Plan an omni-channel strategy to create consumer brand experiences with a brand's different personal and non-personal brand touchpoints. Indicate where and how this strategy can support IMC with the...
Determine the bounds on the p-value that would be used in testing each of the following null hypotheses using the p-value approach: Ho: Ho: Ho: 0 vs. Ha: 0, with n :-32 and r 0.41 0 vs. Ha: > 0,...
Determine the value of the confidence coefficient z(a/2) for each situation described: a. 98% confidence b. 99% confidence
The California Department of Education gives an annual report on the Advanced Placement test results for each year. In the 20072008 school year, Hughson Unified in Stanislaus County had students with...
What is the pressure drop associated with water at $27^{\circ} \mathrm{C}$ flowing with a mean velocity of $0.1 \mathrm{~m} / \mathrm{s}$ through an $800-\mathrm{m}-$ long cast iron pipe of...
Fully developed conditions are known to exist for water flowing through a $50-\mathrm{mm}$-diameter tube at $0.02 \mathrm{~kg} / \mathrm{s}$ and $27^{\circ} \mathrm{C}$. What is the maximum...
Water at $35^{\circ} \mathrm{C}$ is pumped through a horizontal, $200-\mathrm{m}$-long, $30-\mathrm{mm}$-diameter tube at $0.25 \mathrm{~kg} / \mathrm{s}$. Over time, a 2-mm-thick layer of...

A check was received for $1,090.00 from the Sierra Jet Set for storage fees on personal watercraft

Question:

Expert Answer:

Journalize the transactions ... View the full answer

Elementary Statistics

Students also viewed these accounting questions