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g100num [7]
2 years ago
7

Which of the following reflect the balances of prepayment accounts prior to adjustment?

Business
1 answer:
egoroff_w [7]2 years ago
6 0

Answer:

The answer is Balance sheet accounts are overstated and income statement accounts are understated.

Explanation:

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Which of the following transactions would be recorded if using the accrual basis of accounting but not if using the cash basis o
balu736 [363]

Answer:

B. Purchasing inventory on account

Explanation:

The Purchase of inventory on account is not recorded when the cash basis of accounting is recorded but where as it is recorded when accrual basis of accounting is used.

6 0
3 years ago
Read 2 more answers
Lester Moy bought two new Michelin Tires for his car at $99.55 per tire. He was also charged $4.95 per tire for mounting, $2.65
Arte-miy333 [17]
You have to do some adding and multiplying. first 99.55 times 4 tires

3 0
3 years ago
ssume that Kish Inc. hired you as a consultant to help estimate its cost of capital. You have obtained the following data: D 0 =
Rufina [12.5K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 = $0.90

Price, P0 = $27.50

Growth rate, g = 7.00% (constant)

D1 = D0 (1 + g)

    = $0.90 × (1 + 0.07)

    = $0.90 × 1.07

    = $0.963

Cost of equity, Ke = [ D1 ÷ P0 ] + g

                               = [$0.963 ÷ $27.50 ] + 0.07

                              = 0.0350 + 0.07

                               = 0.1050 i.e 10.50 %

7 0
3 years ago
What are a list of ways a family can provide enrichment for children without elaborate or expensive toys?
schepotkina [342]

Answer:

Please see below.

Explanation:

Below are some of the list a family can provide enrichment for children without elaborate or expensive toys.

1. A family can gather their children and ask them to sing their favorite songs poems. They can also be taught new songs and poems. By doing this, boredom will be eliminated hence enriches them without necessary buying them expensive toys.

2. A family can ask their children to paint any animals they like whether on papers or plywood in different colours This will enable them to develop their innate drawing skills while making fun of the whole process.

3. The family can as well play a quick game with their children. Some games like arm or thumb wrestle could be fun. There is also clapping games or the children can teach the family the clapping games they learnt at school.

4. Children could be asked to tell a story from favorite story books or the parent could create an imaginary story for them. The whole idea is to keep them busy and make it fun as much as possible.

5. There is also riddles and play and cracking of jokes. Children may be asked to crack jokes, play riddles etc. Parents may as well crack jokes and play riddles for them in order to keep them busy and make them have fun.

6. For children who are already in school, the parents could help them solve their maths home work. They may be asked to solve first, after which corrections will be done for them. They may also be given other maths puzzle to solve, just to make them busy and have fun.

6 0
3 years ago
Use two correctly labeled side-by-side graphs of the loanable funds market in the United States and China to show how a higher i
dusya [7]

Answer:

Figure is given below.

Explanation:

The graph of United states and china is as follows :

3 0
3 years ago
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