Calculation of amount of prepaid insurance and insurance expense shown on the year 2 financial statements;
It is given that on June 1 of year 1 the company paid $1,800 cash for an insurance policy for one year.
Hence the insurance expense for the first year shall be calculated for 7 months (June to December) = 1800*7/12 = $1050. The balance in the prepaid instance as on December 31 of the first year shall be (1800-1050) = $750
In the second year the insurance expense shall be $750 and at the end of the second year, the balance in the prepaid insurance shall be nil.
Gary Kelly, ceo of southwest airlines, talks to a group of reservation agents to acknowledge their contributions to the company’s success.
planning
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leading
The chief executive officer of Southwest Airlines, Gary Kelly, addresses a gathering of reservation representatives to thank them for their contributions to the company's success. Leading
What do reservation agents do?
A reservation agent assists consumers in making decisions about their travel by providing information, helping them choose hotels, and then making bookings for rooms or tickets.
What does a travel agent for airlines do?
Job Description airline reservation agent's primary responsibility is to help passengers with making reservations and handling ticketing tasks via phone or in person.
To know more about reservation representatives
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keeping it clean is important, do not leave your work tools out when you are finished put your stuff in its proper place
Answer: (B)
Explanation: so you can save your money that is the wi way
Answer:
e. All of the above are tax deductible.
Explanation:
As per IRS time or service donated is not tax deductible.
