Question: Please advise of correct answer (a, b, c or d) any help is appreciated: On February 1, 2010, Zeus Company received $36,000 in advance for

Please advise of correct answer (a, b, c or d) any help is appreciated:

On February 1, 2010, Zeus Company received $36,000 in advance for a three-year rental of land, and credited Rent Revenue. The correct December 31, 2010 adjusting entry would be

a)

Unearned Rent 25,000

Rent Revenue 25,000

b)

Rent Revenue 25,000

Unearned Rent 25,000

c)

Unearned Rent 11,000

Rent Revenue 11,000

d)

Rent Revenue 11,000

Unearned Rent 11,000

Which of the following is not an acceptable way of reporting a company's comprehensive income?

a) on the face of the income statement.

b) in a separate statement of comprehensive income

c)

in the statement of changes in stockholders' equity

d)

in the statement of cash flows

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