Answer:
(a)Income statement:
Insurance expense - understated
net income - overstated
(b) balance sheet:
prepaid insurance - overstated
stockholders equity - overstated
Explanation:
Answer and Explanation:
The journal entries that are required to adjust merchandise inventory is given below:
Income Summary $121,000
To Inventory $121,000
(Being eliminate Beginning inventory balance is recorded)
Inventory $116,500
To Income Summary $116,500
(Being the cost of ending inventory is recorded)
These two entries should be recorded for adjusting merchandise inventory
<h3>SDLC is a way to deliver efficient information systems that fit with an organization's strategic business plan
</h3>
Explanation:
Software Development Life Cycle (SDLC) is a method used by the software industry for designing, producing and reviewing applications of high quality. The SDLC strives to create a high-quality product that meets or exceeds customer requirements, completes in time and estimates of costs.
A life cycle of software development is close to that of a life cycle of a project. In fact, in many situations, SDLC is considered to be a phased project model that matches the organizational business plan, personnel, policy, and budgeting constraints of a huge scale systems project.
Answer:
In the ozone layer.
Explanation:
The ozone layer holds the evaporator and the condenser.
The answer is virtual team. This is otherwise called a geographically dispersed team, remote team , or distributed team for the most part alludes to a gathering of people who cooperate from various geographic areas and depend on correspondence innovation, for example, email, FAX, and video or voice conferencing administrations keeping in mind the end goal to team up.
