Answer:
1 Plum company has paid USD 7500 for management service to be performed for next two year to be treated as prepaid on the date of payment i.e. July 1
2 Payment made on July 1 for two year means for coming 24 months.
3 Hence USD 7500/24 equals to USD 312.5 which should be charged in Expense account on monthly basis.
4 Period Between July to December is of 6 months
5 Hence the amount to be transferred to expense account would be USD 312.5*6 equivalent to USD 1875
6 Hence E would be correct choice for adjustment entry of prepaid
The answer to this question is: Effective manager
in business, effectiveness refers to the ability for a person to make use of all resources that available to him/her in order to accomplish the goal.
This trait is considered as the most desired trait that most of the shareholders seek when they're choosing the leader for their company.
Answer: "building footprint" .
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