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lesya [120]
3 years ago
7

The unexpired insurance at the end of the fiscal period represents

Business
1 answer:
lord [1]3 years ago
7 0

Answer:

Deferred expense

Explanation:

The deferred expense is the expense that is already incurred but it does not realize.  

In other words, it is an advance payment or prepaid payment for the service to be consumed in the future. The cost is reflected in the asset side of the balance sheet.  

It could be prepaid rent, prepaid insurance, etc

Since there is unexpired insurance at the end that reflects the deferred expense.

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27, 3.7 is the correct answer....
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3 years ago
The incentive problem under communist central planning refers to the idea that:
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Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem s
Trava [24]

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8 0
3 years ago
With no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6%. But if the rate
MAXImum [283]

Answer:

The nominal interest rate which the bank will offer is of 10.24%

Explanation:

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