Answer:
Explanation:
The adjusting entries are shown below:
1. Insurance expense A/c Dr $1,200
To Prepaid insurance A/c $1,200
(Being prepaid insurance is adjusted)
2. Supplies expense A/c Dr $6,200
To supplies A/c $6,200
(Being supplies adjusted)
The supplies at the end of the year is computed below:
= Supplies account balance + purchase of supplies - available supplies
= $5,000 + $2,000 - $800
= $6,200
Answer:
what average for the industry
Explanation:
can i have a choise
Answer: (C) Controlling
Explanation:
The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.
The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.
According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.
Therefore, Option (C) is correct.
Answer: $15,400,000
Explanation:
The fees paid to the fund's investment managers during the year would simply be the Management fee of 0.7% of the average daily assets. The expense ratio refers to other adminstrative expenses.
= 2,200,000,000 * 0.7%
= $15,400,000
Answer:
A party wall
Explanation:
A party wall
A Party wall which sometimes also called a parting wall is referred to that wall which is used or shared by both property owners. The purpose of this wall is to separate the two adjoining owners, therefore, thickness varies from 9 to 12 inches. Party wall agreement need to signed between both sharing owners to make any repair work on the party wall.
