Never gunna give you up never gunna let you down, sorry I don’t know the answer, oops…
Answer:
The cost of gasoline is higher in the U.S. than anywhere else in the world.
Explanation:
Explanation:
The adjusting journal entry to record the given adjustment is shown below:
At the year-end
Insurance expense A/c Dr. A/c $800
To Prepaid Insurance A/c $800
(Being insurance expense is recorded)
The computation is given below:
= Prepayment done for 6 months insurance policy - expired insurance
= $1,200 - $400
= $800
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<span>Businesses Management and Administration</span>