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taurus [48]
3 years ago
12

Wilson company paid 6,700 for a 4-month insurance premium in advance on November 1, with coverage beginning on that date. The ba

lance in the prepaid insurance account before adjustment at the end of the year is 6,700, and no adjustments had been made previously. The adjusting entry required on December 31 is:
Business
1 answer:
Angelina_Jolie [31]3 years ago
6 0

Answer:

Given that,

Total prepaid insurance = $6,700

Monthly insurance:

= Total prepaid insurance ÷ 4 months

= $6,700 ÷ 4 months

= $1,675

Insurance expense for two months:

= $6,700 - $1,675

= $5,025

Therefore, the adjusting entry required on December 31 is as follows:

Insurance expense A/c Dr. $5,025

          To Prepaid insurance           $5,025

(To record the adjusting entry for the insurance)

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When several systems operate in parallel, total system capacity is the largest value of the individual system capacities. a. Tru
Fed [463]

Answer:

b. False

Explanation:

It is the opposite, when several systems operate in parallel, total system capacity is the lowest value of the individual system capacities.

For e.g., sectors A, B and C operate in parallel. Sector A can handle 100 units per hour, sector B can handle 150 units per hour and sector C can handle 75 units per hour. The system's capacity is 75 units per hour. If you want to operate at 100 units per hour, a queue will in sector C.

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When its sales were declining, canadian airline conducted a marketing survey to understand the expectations of the business trav
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Answer:

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Explanation:

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Patriot Tools, a company that manufactures industrial tools, incurs higher costs because of its refusal to outsource its manufac
lina2011 [118]

Answer:

The options for this question are the following:

A) economic

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D) demographic

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3 0
3 years ago
Please help worth 100 points
UNO [17]

Answer:

19.) b, d

20.) d, a

21.) d, c

22.) a

23.) c

Hope This Helps!  Have A Nice Day!!

4 0
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