1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MariettaO [177]
2 years ago
11

ste Styles Editing А у А - Аа Aa A A ΑΑ' 1 H - 21 Paragraph board 19 Font 1 Styles 67 2 4 5 I Question 6: (1.5 marks) Ramond Com

pany has hired you to prepare financial statements for the year ending 12/31. On your first day of work, your assistant comes to you with several items that could be classified as expenses or could be classified as assets. Based on your knowledge of accounting so far, determine whether the following items should be recorded as an expense or an asset. +On 12/31, Ramond paid $14,000 to rent office space for the next twelve months, +On 10/1, Ramond paid $40,000 for insurance that covered the company's property for the last quarter of the year. +On 6/1, Ramond purchased $27,000 in supplies, all of which were used by 12/31. + On 12/31, Ramond purchased $5,000 worth of supplies for the coming month.​
Biology
1 answer:
ahrayia [7]2 years ago
3 0

The fact that Ramond paid $14,000 to rent office space for the next twelve months and paid $40,000 for insurance that covered the company's property are expenses.

<h3>What is an asset?</h3>

It should be noted that an asset simply means an item that has economic benefit to a company.

In this case, Ramond paid $14,000 to rent office space for the next twelve months and paid $40,000 for insurance that covered the company's property are expenses.

The assets are that Ramond purchased $27,000 in supplies, all of which were used by 12/31 and he also purchased $5,000 worth of supplies for the coming month. They're assets because they're beneficial to him as they can be used to provide further value.

Learn more about insurance on:

brainly.com/question/25855858

You might be interested in
2. There is a mouse inside a cage. Within the cage, there is a light bulb and a lever. You want to teach the mouse to step on th
vivado [14]

Answer:

Instrumental learning

Explanation:

Associative learning is a form of learning which is performed when two or more events or stimuli controls the learning behaviour. The instrumental learning is a  type of learning in which the learning process is associated with the consequence or result of the action.

In the given question, the mouse learns how to step on the lever as a result of the received food in the form of reward or he learned because he received the treatment, therefore, this act of learning will be considered the instrumental learning.

Thus, Instrumental learning is correct.

3 0
4 years ago
Bacteria are important in the nitrogen cycle because they
PSYCHO15rus [73]
Bacteria are important in the nitrogen cycle because they help the nitrogen change between states so it can be used. When nitrogen is absorbed by the soil different bacteria help it to change states so it can be absorbed by plants. Animals can then get there nitrogen from the plants.

Let me know if you need any more detail :)
3 0
4 years ago
Read 2 more answers
What would happen to the flow of energy if autotrophs did not produce more sugars than they need?
Elena-2011 [213]

Answer:

Your body would not have alot of energy

Explanation:

3 0
3 years ago
Identify the components of carbohydrates
Vanyuwa [196]
C- carbon, h -hydrogen, 0- oxygen
5 0
4 years ago
Can someone help me with this test please??
Amanda [17]

Answer:

R masks —or covers— r, so it only needs one copy to express its phenotype. This means it is the <u>dominant</u> allele.

Explanation:

In genetics, alleles are the members of an allelic pair that contain the genetic information related to a specific characteristic.

The dominant allele is one whose presence is sufficient to mask the expression of a recessive allele, so the phenotype shown is the dominant one.

A recessive allele needs to be present in both components of the allele pair in order to be expressed in the phenotype.

3 0
3 years ago
Other questions:
  • If someone told you they had a career in either ecology, paleontology, or botany, what area of science is this? A) physics B) ch
    9·2 answers
  • What is the difference between cleavage Furrough and cell plate
    9·1 answer
  • A directory is defined as an organized list of
    13·2 answers
  • Changes in genes occur when organisms produce
    11·1 answer
  • What are two functions performed by blood in the human body
    7·2 answers
  • What are the features of Inhalation Toxicity?
    14·1 answer
  • Test Group 1
    10·1 answer
  • If a red snap dragon is crossed with a white snap dragon,what is the phenotype of the offspring?what are the possible genotypes
    14·2 answers
  • What are the simularitys of owls and chloroplast
    11·1 answer
  • What are the functions of leaves? (Select all that apply.) PLEASE ANSWER ASAP AND GET 25 POINTS
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!