Answer:
c.Insurance expense would be debited for $300.
Explanation:
Provided that
12 month insurance policy purchased on Dec 1 = $3,600
So, the adjusting entry on Dec 31 would be
Insurance expense A/c Dr $300
To Prepaid Insurance $300
(Being insurance expense is recorded)
The computation is
= $3,600 ÷ 12 months
= 300
As we have to compute for 1 month so we recorded $300 insurance expense
Answer:
The correct answer is B. arise often through application of (correct) accounting principles
.
Explanation:
Accounting analysis is an important precondition for an effective financial analysis. This is because the quality of the financial analysis, and the inferences made, depends on the quality of the implicit accounting information, the raw material for the analysis. Even though the accounting according to the accumulation principle allows to perceive the financial performance and condition of a company, which is not possible in the case of cash-based accounting, the imperfections of the company can distort the economic content of the financial reports.
Answer:
The correct answer to the following question will be Option D.
Explanation:
- A community or culture under which customers meet & connect who shares a collection of social relationships based on use or involvement in such a commodity, termed as a Brand community.
- It offers corporations the chance to communicate more often with their customers, particularly true with either the presence of social networking sites.
The other three choices are not related to this type of community. So that Option D is the right answer.
(d) health, because it can be used in different ways
Answer:
B tutor how are u???????????
