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Inessa05 [86]
2 years ago
13

Marking brainliest! What is an example of a public corporation?

Business
2 answers:
Paha777 [63]2 years ago
8 0
I think it is Library
stepladder [879]2 years ago
5 0

Answer:

Library

maybe

probably because many people

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The balance in the prepaid insurance account before adjustment at the end of the year is $27,000. Journalize the adjusting entry
Radda [10]

Answer:

(A)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

(B)  Debit Insurance expense $20,250

     Credit Prepaid insurance $20,250

     Being entries to recognize insurance amortization expense for the year.

Explanation:

Prepaid insurance account before adjustment = $27,000

(A) the amount of insurance expired during the year is $20,250

To account  for the expired amount,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

(B) the amount of unexpired insurance applicable to future periods is $6,750

Amount expired = $27,000 - $6,750

                           = $20,250

To account  for the expired amount such that the amount of unexpired insurance applicable to future periods is $6,750,

Debit Insurance expense $20,250

Credit Prepaid insurance $20,250

Being entries to recognize insurance amortization expense for the year.

4 0
3 years ago
Mr. West wishes to purchase a condominium for $240,000 in cash upon his retirement 10 years from now. How much should he deposit
Oduvanchick [21]

Answer:

He should deposit $1,744.37 at the end of each month.

Explanation:

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the of condominium = $240,000

M = Monthly payment = ?

r = monthly interest rate = 2.7% / 12 = 0.027 / 12 = 0.00225

n = number of months = 10 years * 12 months = 120

Substituting the values into equation (1) and solve for M, we have:

$240,000 = M * (((1 + 0.00225)^120 - 1) / 0.00225)

$240,000 = M * 137.585424499073

M = $240,000 / 137.585424499073

M = $1,744.37

Therefore, he should deposit $1,744.37 at the end of each month.

8 0
3 years ago
Sourcing a supply from a small, women-owned business is an example of a corporate social responsibility action to A. E) protect
topjm [15]

Answer:

promote workforce diversity.

Explanation:

Corporate Social Responsibility pertains to corporate responsibility towards society to achieve its goals, missions, and targets.

The organisation could not operate for a longer time without the company's permission because it would harm the community well-being and eventually the organisation needs to shut down its operations.

And we promote or motive or encourage the workforce diversity then it would be an example of corporate social responsibility by considering a supply from a small, owned business

7 0
3 years ago
Question 1 (1 point)
olasank [31]
Yes, look for help, your store getting robbed!
7 0
3 years ago
Companies with global structures
Ne4ueva [31]

Answer: Option B

Explanation: In simple words, global structure refers to the structure in which the operations of an entity are managed on the basis of geographic areas rather on the basis of product.

The companies having global structures operate their business on many different countries and the scale of their operations are usually huge. Therefore, they profit from the economies of scale and enjoy lower production cost than others.

Hence the correct option is B.

6 0
3 years ago
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