Answer: $1,350
Explanation:
The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.
The expense to be recorded for the first month will therefore be:
= 32,400 / 24 months
= $1,350
I think at least 3-4
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Original jurisdiction gives certain lower level courts the right to hear a case first. Original jurisdiction means that a case is to be heard by a specific court and the case could later be reviewed by an appellate court.
Answer:
Dr. Cr.
Salaries Expense $8,000
Salaries payable $8,000
Explanation:
Four days of the week passed until December 31. So, the accrued expense will be as follow:
Payroll for 5 days = $10,000
Payroll for 1 days = $10,000 / 5 = $2,000
Payroll for 4 days = $2,000 x 4 = $8,000
Accrued Expense of $8,000 should be recorded and a liability will be made against this expense as payment has not been made.
Answer:
Write convert() method to cast double to int Complete the convert() method that casts the parameter from a double to an integer and returns the result. Note that the main() method prints out the returned value of the convert() method.
Ex: If the double value is 19.9, then the output is: 19
Ex: If the double value is 3.1, then the output is: 3
Explanation:
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