Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Explanation:
The adjusting entry is shown below:
Insurance expense Dr $1,800
To Prepaid insurance $1,800
(Being the insurance expense is recorded)
For recording the adjusting entry for advance purchase of insurance policy we debited the insurance expense and credited the prepaid insurance account so that the correct posting could be done
Answer:
#include <iostream>
using namespace std;
int main()
{
double number1, number2, sum;
cout<<"Enter a number: ";
cin >> number1;
cout<<"Enter another number: ";
cin >> number2;
sum = number1 + number2;
cout <<"The sum of two numbers is "<< sum <<endl;
return 0;
}
Explanation:
The correct program can be seen above.
You need to add #include <iostream> and using namespace std; before your main function. Other issues are following;
Line 4, 5, 6, 7, 9 -> cout and cin must start with a lowercase letter
Line 5 -> cin >> number1;
Line 7 -> cin >> number2;
Line 8 -> sum = number1 + number2;
Line 9 -> cout << "The sum of two numbers is " << sum << endl;
Answer:
Explanation:
Before recording the journal entry, first we have to determine the total cost which is shown below:
= Purchase price + sales tax + Shipment of machine + Installation of machine
= $63,000 + $5,400 + $880 + $1,760
= $7,1040
Now the journal entry would be
Equipment A/c Dr $7,1040
Prepaid insurance A/c Dr $580
To Cash A/c $3,220 ($880 + $1,760 + $580)
To Accounts payable $68,400 ($63,000 + $5,400)
(Being the expenditure and equipment value is recorded)
Answer:
Operations manger i think someone said that
