Answer:
The journal entries are as follows:
(i) Insurance expense A/c Dr. $160
To prepaid insurance $160
(To record the insurance expense)
Workings:
Insurance expense = cost of insurance policy ÷ 36 months
= $5,760 ÷ 36 months
= $160
(ii) Advertising expense A/c Dr. $1,160
To prepaid advertising $1,160
(To record the advertising expense)
Workings:
Advertising expense = cost of advertisement ÷ 24 months
= $27,840 ÷ 24 months
= $1,160
The Apex answer is: You will likely find the cheapest college textbook prices at an ONLINE BOOKSTORE
Hope this helps :)
<span>Boolean is the answer. Every decision
you make in a computer program involves evaluating one or more Boolean expression.
The code behind a computer program is basically composed with a lot of Boolean expressions.
This is entirely important because computers work in binary </span><span>and Boolean logic </span>fits
nicely with the binary numbering system, in which each bit has a value of
either 1 or 0.
<span>Trial balance, Ofcourse !</span>
Answer:
The answer is letter A.
Explanation:
The true statement is Annual data on the distribution of income will indicate that the degree of income inequality in the two cities is identical.