Explanation:
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Answer:
C. Prepaid insurance 18,000 debit
Cash 18,000 credit
Explanation:
The company will do a mistake if it reocrd this as a mistake as it will be posting an expense for an evnt that take place during the next accounting cycle (2017) As the insurance will be outstanding during that period not the one ending.
Also it is not an expense as the insurance company now has the obligation to perform if something happens So we have an asset right now, through time and as long as the insurance is not executed we will declare the expenses.
But for now, it is an asset.
Answer:
B)
Explanation:
Based on the information provided within the question it can be said that this scenario is best illustrated by the concept of Age-related changes. This term refers to changes that occur normally due to getting older. Some of these changes include decrease in vision acuity and decreased reaction time, both of which are problems that the older adult client is experiencing.
Answer:
a. True
b. False
c. True
d. True
Explanation:
Long-term interest rates are not as sensitive to booms and recessions as are short-term interest rates.
i. True
b. If the Fed injects a huge amount of money into the markets, inflation is expected to decline, and long-term interest rates are expected to rise.
ii. False
c. When the Fed increases the money supply, short-term interest rates tend to decline.
i. True
d. When the economy is weakening, the Fed is likely to decrease short-term interest rates.
i. True
These benefactors would earn around $600,000 USD per hour. Many poachers often earn a lot from wildlife trade because of its rarity. Many endangered animals like the elephants and rhinos are often hunted because of their ivory tusk which cost around $1,500 USD per pound. The greater the number they get the higher the price they received.