Answer:
a: debit to Insurance Expense for $47
Explanation:
Based on the information given If, on December 31, 2017, the insurance still unexpired amounted to $15, the adjusting entry would contain a:
DEBIT TO INSURANCE EXPENSES FOR $47 calculated as:
Insurance expense=Prepaid Insurance -Unexpired insurance
Insurance expense=$62 -$15
Insurance expense=$47
Therefore the adjusting entry would contain a:
DEBIT TO INSURANCE EXPENSES FOR $47
You tell her that all of the following are true, EXCEPT "the access time of memory is slow compared with that of storage devices".
<u>Explanation:</u>
A computing hardware utilized to indefinitely or temporarily store data, this device may be outer or inner to a computer, server, and other computing systems, hence common as a storage device. The memory is generally read-write random-access memory provided by semiconductors, typically Dynamic RAM or other types of fast yet temporary storage in the contemporary usage. While storage comprises of storage devices and their media that are not directly available via the processor (secondary or tertiary storage), usually hard disk drives, optical disk drives, and other devices that are slower than RAM but non-volatile.
I would do make me a millionaire
Answer:
$18.84
Explanation:
Firstly, we need to find the volume of the solid shape. We have identified the solid shape to be a cone.
The volume of a cone is v = 1/3 π r^2 h
Here π = 3.14, r = d/2 = 2/2 = 1 inch and h = 9 inches
V = 1/3 * 3.14 * 1 * 1 * 9 = 9.42 cube.inches
Total value of liquid in the container is thus 9.42 * $2 = $18.84
Answer:
False
Explanation:
In financial accounting, statement of cash flows is a financial statement that deals with only cash and cash equivalents by presenting a summary of cash and cash equivalents leave a company and also enter the company.
The cash flow statement gives an indication of the level of cash position management by the a company, which implies the level of cash generated by the company used in settling debt obligations and paying for operating expenses by the company.
The statement of cash flows therefore reveals the effect on cash and cash equivalents of changes that occurred in the income statement and balance sheet over a period of time.
In summary, the statement of cash flows presents how cash from operating, investing, and financing activities during a specific period.
