1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vedmedyk [2.9K]
3 years ago
8

The income statement of Dolan Corporation for 2012 included the following items:

Business
1 answer:
torisob [31]3 years ago
8 0

Answer:

C) $16,000.

Explanation:

cash paid for insurance premiums = total insurance expense + ending balance of prepaid insurance - beginning balance of prepaid insurance

cash paid for insurance premiums = $15,200 + $3,000 - $2,200 = $16,000

Generally when you purchase an insurance policy you can either pay every month or pay for several months in advance and get a discount. When you pay for several months in advance, you must debit prepaid insurance. Then as time passes, you must accrue insurance expense. For e.g. you pay $2,400 today for a 1 year insurance premium, and at the end of the month you will accrue $200 of insurance expense. But your cash payment was made today.

You might be interested in
The night before you take an exam, you should
fgiga [73]
Wow thx!!! great tips
6 0
3 years ago
Read 2 more answers
Which is needed for a w2 form?
siniylev [52]

Answer:

Form W-2, also known as the Wage and Tax Statement, is the document an employer is required to send to each employee and the Internal Revenue Service (IRS) at the end of the year. A W-2 reports the employee's annual wages and the amount of taxes withheld from their paychecks. A W-2 employee is someone whose employer deducts taxes from their paychecks and submits this information to the government.

Explanation:

8 0
3 years ago
Developing and establishing professional contacts that can assist you in finding employment is?
butalik [34]

It is called networking.

Networking is the informal social exchange of information and ideas between people who share a profession or a common interest. Networking frequently begins with a single point of commonality.

Networking is making use of personal, commercial, academic, or family relationships to help with a job hunt, attain career objectives, learn more about your industry, or another sector in which you'd like to work. Networking might help you learn about career prospects or gain access to a firm one want to work for.

Therefore, the answer is networking.

To know more about networking click here:

brainly.com/question/3639506

#SPJ4

6 0
1 year ago
Jake manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
poizon [28]

Answer:

The given condition is an example of:

A. Menu costs

Explanation:

In the given question mentioning data is that

Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.

On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.

So, he thought of buying all the items he is needing as for the next two weeks  in order of prevention of the money in his wallet from losing value due to high inflation rates.

And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.

So all this were an example of :

A. Menu costs

7 0
3 years ago
A computer accessory salesman attempts to convince you to purchase a "solar neutrino" shield for your new computer. (It's even "
Margaret [11]

Answer:

Because neutrinos rarely, if ever, interact with my computer.

Explanation:

A computer accessory salesman attempts to convince me to purchase a "solar neutrino" shield for my new computer. (It's even "on-sale" !) I turn down this excellent offer <u>because neutrinos rarely, if ever, interact with my computer.</u><u> </u>Lack of any links to stuff, neutrinos remain extraordinarily unfriendly. They simply don't desire to communicate with anything in today's material world. To neutrinos, the Sun is translucent, and huge numbers of them walk away into all ways of space at approximately the pace concerning light.

4 0
3 years ago
Other questions:
  • In a financial statement audit performed following AICPA Professional Standards, how frequently must an auditor test operating e
    8·1 answer
  • A sales firm regularly enrolls some of its employees in a six-month marketing course with a leading university. At the end of th
    7·1 answer
  • Naples Company produced 650,000 units and sold 500,000 units. Their unit selling price is $10. Cost of goods sold is $6 per unit
    5·1 answer
  • The following are national income account data for a hypothetical economy in billions of dollars: gross private domestic investm
    12·1 answer
  • Suppose you are a manager of a firm that operates in a duopoly. Recently, the state attorney general fined you and your competit
    15·1 answer
  • Control Inc. has no debt and a total market value of $100,000. EBIT are projected to be 6,000 if economic conditions are normal.
    12·1 answer
  • Ralph works in the HR department and is in charge of developing the plans for how people are paid and how the employee benefits
    5·1 answer
  • It is desired to partition customers into similar groups on the basis of their demographic profile. Which data mining problem is
    7·1 answer
  • The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis
    12·1 answer
  • When a binding price ceiling is imposed on a market to benefit buyers,
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!