Answer:
The insurance expense for year 1 is $2,200.
Explanation:
The insurance expense for the year 1 is $2,200, which is for 11 months in the first year. The balance of $2,600 will be carried forward to the next year as prepaid insurance. The first entry is a debit to the Prepaid Insurance account for the sum of $4,800 and a credit to the Cash account for the same amount, in order to record the cash payment. In year 1, Insurance Expense account will be debited with $2,200 while Prepaid Insurance will be credited with the same amount, in order to record the expense.
Answer: B- Purchase of the company's own stock
Explanation:
Stock repurchases is a transactions that causes a negative cash flow from financing activities
Answer: COGNITIVE DISSONANCE
Explanation: Cognitive dissonance refers to a mental state in which a person holds two or more values or beliefs that are contradicting with each other. Such individuals changes their values according to the situation.
In the given case, Anna Jonas strongly believes that rights of workers should be supported but when her firm got into distress she herself violated them.
Hence from the above we can conclude that she is most likely be experiencing cognitive dissonance.
Under the basic dwelling form, when is damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.
<h3>
What is dwelling policy ?</h3>
A dwelling policy is a substitute to a homeowners insurance. Dwelling insurance can cover more than just fire only. It is the part of homeowners insurance policy that helps pay for the rebuilding, repair of physical structure of one's home if the damage is by covered hazard. But Dwelling policy isn't for all, so it can be beneficial for: Vacation homes, Vacant homes, Rental properties, Older homes, and Seasonal homes.
The damage caused by vandalism is covered under the basic DP-1 form when a Premium for Extended Coverage is mentioned in the Declarations. perils such as Vandalism, Hail or Windstorm, Explosion, Riots, Smoke, Vehicles, and Volcanic Eruption can be included.
Therefore Under the basic dwelling form, Damage caused by vandalism included as covered peril when a premium for extended coverage is mentioned in the declaration.
Learn more about Dwelling policy here:
brainly.com/question/14319237
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The answer is D. Please don't discriminate if I'm wrong.
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