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3 years ago

1.

Business

2 answers:

Ann [662]3 years ago

4 0

Answer: Hello!

The most common forms of business enterprises in use in the United States are the sole proprietorship, general partnership, limited liability company (LLC), and corporation.

Explanation:

You Can Give the other person brainest..

-Anna♥

lys-0071 [83]3 years ago

3 0

The answer is sole proprietorship I hope it’s right!! :D

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3 years ago

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2 years ago

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3 years ago

What types of information are found on a balance sheet ? (Select all that apply.)

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C) Interest expense.

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3 years ago

Read 2 more answers

On April 1, a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What amount

inn [45]

Answer:

$337.50

Explanation:

the premium on a three year policy = $1,350

premium per year = $1,350 / 3 = $450

premium per month = $450 / 12 = $37.50

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The journal entries should be:

April 1, purchase a 3 year insurance policy:

Dr Prepaid insurance 1,350

Cr Cash 1,350

December 31, accrued insurance expense:

Dr Insurance expense 337.50

Cr Prepaid insurance 337.50

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2 years ago