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Molodets [167]
3 years ago
14

Prepaid expenses require what type of adjusting entry?

Business
1 answer:
AleksAgata [21]3 years ago
7 0

Answer:

MATCHED

Explanation:

TOOK THE TEST

"Expenses should be matched with revenues. A deferred expense or prepayment, prepaid expense, is an asset representing cash paid out to a counterpart for goods or services to be received in a later accounting period."

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Which investment product falls under the category of limited investment securities?
lukranit [14]

Answer:

The answer is B.) Mutual Funds on PLATO (:

Explanation:

8 0
4 years ago
Packard Corporation reported pretax book income of $500,000. Included in the computation were favorable temporary differences of
melomori [17]

Answer:

The corporation's current income tax expense or benefit would be $170100.

Explanation:

income tax expense or benefit = $500,000 + $100,000 - $10,000 -$80,000)*21%

                                                   = $107,100

Therefore, the corporation's current income tax expense or benefit would be $170100.

3 0
3 years ago
Which of the following transactions does not take place in a market for a factor of production? Select one:
galina1969 [7]

Answer:

b. Juanita works as a marriage counselor and her clients pay her on a per-hour basis for her services.

Explanation:

Factor of production ,capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery. Capital is an important factor of production because it's what allows labor and land to be purchased

5 0
4 years ago
The issues that are important for tangible and intangible assets, include determining:________.
Licemer1 [7]

The issues that are important for tangible and intangible assets include determining how to record the disposal of the asset, what amounts to include in the cost, and how to expense the cost of the asset over its life.

Tangible properties are the primary type of assets that groups use to provide their product and carrier. Intangible property is non-physical assets that have a financial cost on account that they constitute ability sales. Intangible belongings include patents, copyrights, and a company's emblem.

The primary distinction between tangible and intangible is that tangible is something that someone can see, sense, or touch and as a consequence, they have got the physical lifestyle, whereas, the intangible is something that someone cannot see, feel or touch and therefore do now not have any of the bodily existence.

Examples of exact assets are equipment, construction, cars, and land. Examples of intangible belongings are intellectual assets rights, copyright, corporation logo, goodwill, patents logos, and many others.

Learn more about the tangible assets here: brainly.com/question/21885644

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4 0
2 years ago
The reason that we want to develop a confidence interval for the population mean is because:_____.
Bogdan [553]

Answer:

3. the sampling distribution of the sample mean is normally distributed.

5. the value of the sample mean varies from sample to sample.

Explanation:

We develop confidence interval for population mean because

a. the sampling distribution of the sampling mean is normally distributed. For us to do this we must first ensure that the sample mean is large enough

B. The value of the sample mean is not the same for all samples it varies from sample to sample. Therefore it it is better that an internal is given with the probability that the parameter falls into it.

4 0
3 years ago
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