Answer:
C) $1,500.
Explanation:
The computation of the insurance expense is shown below:
The insurance expense would be equal to the expired amount of the prepaid insurance i.e $1,500
The adjusting entry is as follows
Insurance expense A/c Dr $1,500
To Prepaid Insurance $1,500
(Being insurance expense is recorded)
Therefore, the balance of the prepaid insurance is ignored.
Answer:
best example of a particular category.
Explanation:
A prototype can be defined as an early release or model of a product that has been built to practicalise a concept or process. A concept can be defined as a collection of similar ideas, objects, or events. For example an office chair, dentist chair, and barber chair are all for seating.
When you have a prototype you can compare new items with the prototype so that they can be grouped into categories.
Prototype is the original model of a product, that determines future versions of that product. That is future products are patterned according to the prototype.
Answer:
correct option is a. $25,000
Explanation:
given data
Form 1099-MISC = $24,600
other firm = $400
solution
we get here Laura income report under Self employed that is express as
Laura income report under Self employed = total income of ( Form 1099-MISC + other firm ) ..........................1
here we Form 1099 MISC receipt so her income will be treat as self employed income
so put here value we get
Laura income report under Self employed = $24,600 + $400
Laura income report under Self employed = $25000
so correct option is a. $25,000
Answer:
4.23%
Explanation:
For computing the rate of return on the fund, we need to do following calculations
1. The fund after deducting the front-end load is
= $21,600 - $21,600 × 4%
= $21,600 - $864
= $20,736
2. Now number of bought is
= $20,736 ÷ $18 per share
= $1,152
3. The closed NAV is
= $18 + $18 × 10%
= $18 + $.8
= $19.8
4. So, the end year asset value is
= Closed NAV × number of shares bought
= $19.8 × 1,152
= $22,809.60
5. Now the year end investment value after considering the expense ratio is
= $22,809.60 × (1 - 1.3%)
= $22,513.0752
6. Now the rate of the return is
= ($22,513.0752 - $21,600) ÷ ($21,600)
= 4.23%
Answer:
The following statements are true:
c. A potential energy function can be specified for a conservative force.
e.A conservative force permits a two-way conversion between kinetic and potential energies.
f. The work done by a non-conservative force depends on the path taken.
Explanation:
- The statement a is incorrect as the work done by a conservative force does not depend upon the the path taken instead work done by a non- conservative force depend upon the path taken.
- The statement b is incorrect as the potential energy function can not be specified for a non-conservative force but it is specified for a conservative force.
- The statement d is also incorrect as the non-conservative force doesn't permits a two way conversion between Kinetic and Potential energies but the conservative force permits this conversion.