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2 years ago

Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.

1 answer:

6 0

The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS).

<h3>What is medicare advantage plan?</h3>

Medicare advantage plan is a health insurance coverage that help to cover the medical expenses of those under the plan.

The type of medicare advantage plan that cover some benefit out of network are:

Private Fee-for-Service (PFFS)
Medicare Supplement Insurance Plan
Preferred Provider Organization (PPO)
Point-of-Service (POS) Plan(right)

Learn more about medicare advantage plan here:brainly.com/question/1909464

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3 years ago

Prepare journal entries to record each of the following four separate issuances of stock. A corporation issued 5,000 shares of $

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Answer and Explanation:

1. Cash Dr, $120,000

To Common Stock $100,000 (5,000 × $20)

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3 years ago

Prepare the general journal entries for Culver Company for____________.(a) The 2020 adjusting entry.(b) The sale of the Gordon s

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Answer:

a) Debit fair value loss $7,900 Credit Investment $7,900

b) Debit Bank $66,300, Debit Fees $1,200 Credit investment $67,500

c) Debit investment $53,800, Credit Fees $1,300 Credit Bank $52,500

d) Debit Fair value loss $10,400 Credit Investment $10,400

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the completed question

E17-15

(Equity InvestmentsTrading) Culver company has the following securities in its trading port- folio of securities on December 31, 2020.

Investments (Trading) Cost Fair Value

1,500 shares of Gordon, Inc., Common $73,500 $ 69,000

5,000 shares of Wallace Corp., Common 180,000 175,000

400 shares of Martin, Inc., Preferred 60,000 61,600

$313,500 $305,600

All of the securities were purchased in 2020.

In 2014, Culver completed the following securities transactions.

March 1Sold the 1,500 shares of Gordon, Inc., Common, @ $45 less fees of $1,200

April 1 Bought 700 shares of Earnhart Corp., Common, @ $75 plus fees of $1,300

Culver Companys portfolio of trading securities appeared as follows on December 31, 2021

Investments (Trading) Cost Cost Fair Value

5,000 shares of Wallace Corp., Common $180,000 $175,000

700 shares of Earnhart Corp. Common 53,800 $50,400

400 shares of Martin, Inc. Preferred 60,000 $58,000

293,800 283,400

Instructions

Prepare the general journal entries for Culver Company for:

(a)The 2020 adjusting entry.

(b) The sale of the Gordon stock.

(c)The purchase of the Earnhart stock.

(d) The 2021 adjusting entry for the trading portfolio

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