Answer:
E) all of the above.
Explanation:
Medicaid is an aid program in the federal and state level that assists with medical financing for people that are not able to afford it due to lack of income.
Medicaid also provides home-care nursing services and personal care.
It is available to those that are aged, blind , and those in need of Medicare premiums, deductibles and co-payments.
Depending on the type of accounting assignment you have. Actually, the owners equity is the assets<span> minus the amount of liabilities.</span>
Answer:
Explanation: If a court had to construe a contract between Wire Co and a copper company based on industry practice. Means that A legal document that will state the entire business operation would have to be drawn down before any business transaction commences between the parties.
Answer: $129,500
Explanation:
According to the Accrual Basis in Accounting, revenue and expenses should only be recognised when goods have been delivered.
On the December 31, 2020 Sandra's Boutique had 1,850 gift certificates outstanding but these had been sold already to people during the year for $70.
This means that they have been paid for a service that they have not given (they provide the service when the GIFT certificate is renewed).
They cannot therefore recognize the revenue as Revenue yet and have to defer it.
The amount to be Deferred will therefore be,
= 1,850 * $70
= $129,500
