Answer:
$8,800
Explanation:
Calculation for What is the amount of insurance expense that would appear on the company's income statement for the first year ended December 31
First step is to calculate insurance amount per year
Insurance=$26,400/2 years
Insurance= 13,200
Second step is to calculate the insurance value per months
Insurance value=13,200/12 months
Insurance value=1,100
Now let calculate insurance expense
Insurance expense =$1,100 x 8 months
Insurance expense = $8,800
Note that May 1 to December 31 will give us 8 months
Therefore the amount of insurance expense that would appear on the company's income statement for the first year ended December 31 will be $8,800
Answer:
Janice is a public accountant
Explanation:
Public accounting refers to a business that provides its services to other firms at large. By Janice being the owner of such firm she is referred to an accountant that provides her services to the public and she can also be referred to as a certified public accountant
The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
To economist, the social cost of union depends primarily on the people. People do not start their lives with fully developed theories about systems of society where unions are formed to fight for socialism. This organize monopolies to break down competition.
8,400 is your answer all you have to do is add the 4 sales and subtract the discounts and the returns
