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Nina [5.8K]
4 years ago
8

​Murphy, Inc. prepaid $ 3 comma 600$3,600 on October​ 1, 2018 for a oneminus−year insurance premium. Coverage begins October 1.

On January​ 1, 2019​ (after December 31​ adjustments), the Prepaid Insurance account will have a debit balance of​ ________. (Round any intermediate calculations to two decimal​ places, and your final answer to the nearest whole​ number.)
Business
1 answer:
ahrayia [7]4 years ago
5 0

Answer:

Prepaid Insurance account will have a debit balance of 2700

Explanation:

Prepaid               3600 balance  

October 31         300 3300  

November 30         300 3000  

December 31          300 2700 January 1

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Why is it difficult for the federal government to increase or decrease spending
vovangra [49]

Answer:

here you go bruv

Explanation:

The New York Times published a chart today that succinctly explains why it is so hard to cut the federal government's spending: the programs that people want to cut don't cost very much, and the programs that cost a lot people don't want to cut.

5 0
3 years ago
At December 31, 2020 Bramble Corp. had 298000 shares of common stock and 9800 shares of 6%, $100 par value cumulative preferred
Vika [28.1K]

Answer:

the earning per common share is $3.83 per share

Explanation:

The computation of the earning per common share is shown below

= Net income ÷ weighted number of outstanding shares

= $1,143,000 ÷ (298,000 shares)

= $3.83 per share

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hence, the earning per common share is $3.83 per share

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3 years ago
How does marketing differ from advertising
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Answer: marketing is a product is held in stores. Advertising or ad is to persude some to try somthing or buy it.

Explanation:

6 0
3 years ago
In 2016, the population of the United States was approximately 325 million people, with an annual growth rate of approximately 0
Tpy6a [65]

Answer:

The population would be 1318 million

Explanation:

Acording to the formula

<h2>Nt =Noe^{T * r}</h2>

Nt = population size in generation t

No =  initial population size.

e= number e

T= number o years

r = rate

<h2>Nt =325 x ( e^{200 * 0.007})</h2><h2></h2><h2>Nt =  1318 millions</h2>

4 0
3 years ago
Which of the following statements regarding uncertainty in liabilities is not correct? Group of answer choices Liabilities can i
nadya68 [22]

Answer: A company can only record a liability when it knows whom to pay, when to pay, and how much to pay

Explanation:

A liability is simply defined as the amount that a particular company owes. Liabilities consist of loans, accrued expenses, defered revenue, and accounts payable.

We should note that liabilities can involve uncertainty in whom to pay. Also, a company can have an obligation of a known amount to a known creditor, but not know when it must be paid.

Based on the options given in the question, the answer will be "a company can only record a liability when it knows whom to pay, when to pay, and how much to pay".

5 0
3 years ago
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