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8 September, 09:33

Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December. BOC Bank receives a check for $10,000 in December for November's interest amount. BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January. BOC Realty leases space to a tenant for December and January. The tenant pre-paid the $20,000 rent for the two months in November.

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  1. 8 September, 09:50
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    From the given question, the following transactions would produce $10,000 of revenue in December which are:

    BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

    BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January = YES

    BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES and BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January = YES

    Explanation:

    Solution

    Given that:

    Now,

    From the question stated it says that which of these transactions would produce $10,000 of revenue in December,

    Thus,

    BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

    BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January = YES

    BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January = YES

    BOC Bank receives a check for $10,000 in December for November's interest amount = NO

    BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES
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Home » Business » Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December.
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