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ehidna [41]
4 years ago
11

Auto insurance is needed primarily because of __________. (points : 2)

Business
1 answer:
yan [13]4 years ago
7 0
<span>Auto insurance is needed primarily because of </span>potential liability claims.

If you don't have it and you don't have insurance, you have to fix your car out of your own money, as well as pay for repairs of other cars if it is proven that it was your fault.

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True or fales Data entry in the patient record is a combination of structured and unstructured dat
gtnhenbr [62]
False patient records are very structured so that they know what they have done and when they did it to make further progression
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3 0
3 years ago
Read 2 more answers
Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $45,500 f
lbvjy [14]

Answer:

The Solution is given below in the

Explanation:

Requirement 1: Solution

Entries                                                    Debit         Credit

Employee Benefits Expense             $55,500

Medical insurance payable                                     $45,500

Retirement program                                                 $10,000

Requirement 2: Solution

As the retirement program money is paid after 5 years it should be classified as a non-current liability as per the International accounting standard(Presentation of financial statements).

3 0
4 years ago
Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
natta225 [31]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are as follows

On August 4

Account Receivable   $610

    To Sales Revenue       $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances   $60

      To Accounts Receivable   $60

(Being the sales allowance is recorded)

On August 12

Sales Discount      $11    

Cash $539

   To  Accounts Receivable  $550

(Being the amount paid is recorded after considering the 2% discount

4 0
3 years ago
An attestation engagement is one in which a CPA is engaged to:________.
diamong [38]

Answer:

D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

Explanation:

An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.

It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

5 0
4 years ago
Using the overdraft protection line. Isabella Harris has an overdraft protection line. Assume that her October 2015 statement sh
vagabundo [1.1K]

Answer:

$45

Explanation:

Calculation for what would be the minimum amount that Isabella Harris have to pay on her overdraft protection line

Using this formula

Percentage of monthly payment requirement × The new balance

Let plug the formula

5% * 862 = 43.1

Now we are going to round it to nearest $5

Thus, to the nearest $5 will be $45.

Therefore what would be the minimum amount that Isabella Harris have to pay on her overdraft protection line would be $45

3 0
3 years ago
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