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
So you are more experienced when making future investments, you have more positive spending habits and can afford things other may not be able to at that age.
A because you need to put people to practice
The statement is that "all the primary types of project life cycle models contain a sequence of precisely four phases with tasks. It must be finished and permissions must be obtained before the project can go on to the next phase, despite differences in the specifics" is true.
<h3>What is a model?</h3>
A model is an artificial 3D representation of a process of objects. Models can be small and large. Models are made to give information about things that are very big or undone in reality.
Here, the model of the project life cycle is given that contains four phases with their tasks.
Thus, the statement is true.
To learn more about model, refer to the link:
brainly.com/question/14918649
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Answer:
2.4 times
Explanation:
The formula to compute the times interest earned ratio is shown below:
Times interest earned ratio = (Earnings before interest and taxes) ÷ (Interest expense)
= $600 ÷ $250
= 2.4 times
In order to find out the times interest earned ratio, we divide the operating profit or earnings before interest and taxes by the interest expense so that it could come
