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klemol [59]
3 years ago
8

The maximum the insurance guaranty association will pay to an individual for life insurance death benefits is

Business
1 answer:
DaniilM [7]3 years ago
8 0
The most would be 500,000$
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Explanation:

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Answer:

1.

Dr Bonds 940,000

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Explanation:

Hoosier Company Journal entries

1.

Dr Bonds 940,000

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($985,000-$940,000)

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Cr Net Unrealized holding gains & Losses 45,000

3.

Dr Investment in bonds 985,000

Cr Discount on bond investment 45,000

Cr Cash 940,000

8 0
3 years ago
You are an insurance salesman. If you make 12% on all insurance sales and sold an average $35,000 / month, how much money did yo
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2 years ago
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