Answer:
Debit Insurance Expense, $2,400; credit Prepaid Insurance, $2,400.
Explanation:
The journal entry is given below
Insurance expense A/c Dr $2,400
To Prepaid Insurance $2,400
(Being insurance expense is recorded)
The computation is shown below:
= Insurance premium ÷ number of months × required months
= $4,800 ÷ 4 months × 2 months
= $2,400 months
The 2 months is taken from November 1 to December 31
National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
<h3>
What is National Housing Federation?</h3>
- NHF housing association members provide homes for approximately six million people and are motivated by a social purpose: providing good quality housing at an affordable price.
- NHF assists its members in achieving that social purpose through ambitious work that results in positive change.
- The NHF offers interest-free season ticket loans and a cycle-to-work salary sacrifice scheme that covers the cost of a bike and accessories.
- NHF also provides an interest-free loan to assist you with a deposit when renting a home.
- The National Housing Federation works with financial institutions to offer homeownership programs that include down payment assistance in the form of grants and favorable terms.
Therefore, National Housing Federation establishes relationships with financial institutions to offer homeownership programs that include down payment assistance through grants and favorable terms.
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Answer:
$9,500
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
Yowell's net cash flow from operating activities
= $44,000 - $10,500 - $24,000
= $9,500
Other transactions will be stated in the investing and financing sections of the cash flow statements
Answer:
The answer is: False
Explanation:
The "behavioral approach o management" and the "human relations movement" are basically the same thing.
The human relations movement was founded by sociologist Elton Mayo in the 1930s after his famous Hawthorne experiments. He would increase or decrease the light intensity in the factory and observed how it affected productivity.
He discovered that after increasing or decreasing lights the productivity always raised. So what really altered productivity was the fact that employees felt that management cared about them.
Device queue is the answer