<span>Certification information is the security objective that allows trusted entities to endorse information.
Certification information is what credits people to be certified in teaching information to other employees and allowing the information to be accredited. To make sure the information is given out properly and is trusted, accurate information we need to make sure its certified and verified. </span>
Answer:
Total cash= $265,000
Explanation:
Giving the following information:
Sales:
July $200,000
August $300,000
September $250,000.
40% of the sales are for cash, and 60 percent are on credit. For the credit sales, 50 percent are collected in the month of sale and 50 percent the next month.
We need to determine the cash collection for September:
Cash collection:
Sales in cash September= 250,000*0.4= 100,000
Sales on account September= (250,000*0.6)*0.5= 75,000
Sales on account August= (300,000*0.6)*.5= 90,000
Total cash= $265,000
Answer:
The balance in Eve's prepaid insurance account as of December 2021 is $18000 as shown below.
Explanation:
The balance of prepaid insurance would be the balance left after 12 months expense has taken from both amounts
Liability policy $36000*6/18=$12000
Crop damage policy $12000*12/24=$6000
Balance of prepaid insurance $18,000
The balance of $18000 would be left in the prepaid insurance account,whereas the balance damage crop policy account would be enough for the coming year, there is a need for 6 months insurance policy payment in respect of liability policy in the year 2022
