Courts that apply the governmental interest doctrine will make no choice of law unless asked to do so by the parties

Saturn, Inc. paid the rent for the current month in cash. Which of the following accounts will be used to record the transaction?

A) Prepaid Rent B) Rent Payable C) Rent Revenue D) Rent Expense

In a manufacturing operation parts used to produce the finished product are considered:

A. appreciation expense. B. a variable cost. C. depreciation expense. D. a fixed cost.