5 Things to Consider When ChoosingYour Health Coverage
Type of plan and provider network. Do the health care providers, hospitals and pharmacies you prefer fall within the plan's network?
Premiums. How much will you pay per month for coverage?
Deductibles. What is the amount you must pay out of pocket before your coverage kicks in?
Copay or coinsurance
Coverage of Medicines
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Answer:
Yes it does as the company expect to pay for the warranty but doesn't know as it may occur or don't dependion upon the notebook hardware and software performance over the 90-days period
Warranty expense 29,500 debit
Warranty Liability 29,500 credit
Explanation:
We will record a warrant liability for the 5% of the mount sold. As the warranty liability is generated at the time of sale which occur in December
Briar Co. disposed of a $6,000 piece of equipment on December 31 with $4,500 in accrued depreciation as of that date. Then $1,500 will be debited from the Loss on Equipment Disposal account.
<h3>What is loss on Equipment Disposal account?</h3>
Gain/Loss on Asset Disposal is a common account name of the Equipment Disposal account.
The net difference between the initial asset cost and any cumulative depreciation (if any) is debited to the disposal account, while the balances in the fixed asset account and the accumulated depreciation are reversed.
On December 31, the debited amount is calculated as:
Therefore, $1,500 will be the amount of loss on disposal of the Equipment.
Learn more about the depreciation, refer to:
brainly.com/question/14682335
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Answer:
Deferred tax asset $174000
Explanation:
The computation of the amount of deferred tax asset or liability for the year 2021 is shown below:
= Income in the year 2021 × enacted tax rate for the year 2021
= $870,000 × 20%
= $174,000
By multiplying the income for the year 2021 with the enacted tax rate for the year 2021 we can get the deferred tax asset and the same is shown above
Answer:a) --A -$50.00
Explanation:
Using days of year = 360 days
Interest due = Principal x rate x period
= $1500 x 10% x 120/360
= $50
The total interest due on the maturity date is:__$50.00___
