Item 2 item 2 when castle corporation pays insurance premiums, the transaction is recorded as a debit to prepaid insurance. additional information for the year ended december 31 is as follows: prepaid insurance at january 1 $50,500 insurance expense recognized during the year 218,350 prepaid insurance at december 31 61,650 what was the total amount of cash paid by castle for insurance premiums during the year

Why has the free enterprise system been modified to include some government intervention?

You own 2,200 shares of deltona hardware. the company has stated that it plans on issuing a dividend of $0.42 a share at the end of this year and then issuing a final liquidating dividend of $2.90 a share at the end of next year. your required rate of return on this security is 16 percent. ignoring taxes, what is the value of one share of this stock to you today?

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?