How does associative thinking help businesses consider ways to expand? <span>It is a required part of the creative process. Associative thinking is defined as the way our brains process information through relationships, patterns, modeling and unrelated elements. Thinking like this is part of the process when creating a new item or developing new advertisements for an organization. People use associative thinking everyday, they allow us to see beyond our current situations. </span>
True is the answer, because they would set up a payment plan with you first and it is much easier financially to do regular payments rather than one huge one.
<span>The adjusting entry required on December 31 is:
Debit Insurance Expense = $2,400 and credit Prepaid Insurance = $2,400.
this is how we calculate this;
Amount paid = $4,800
For months of insurance = 4
from 1st November to 31st December 2 months passed, So;
$4,800 x 2/4 = $4,800/ 2 = $2,400.</span>
Answer: I will answer your question wait for a few minutes