On april 1, 2016, the premium on a one-year insurance policy was purchased for $3,000 cash with the insurance coverage beginning on that date. the books are adjusted only at year-end. which of the following correctly describes the effect on the financial statements of the december 31, 2016 adjusting entry? a. prepaid insurance will decrease $750.b. insurance expense will increase $750.c. insurance expense will increase $2,250.d. prepaid insurance will increase $2,250.
Answers: 2
Business, 22.06.2019 20:00, kylewinfrey2638
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
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Business, 22.06.2019 23:00, lekylawhite16
Which of the following is true of website content? it should be refreshed periodically to keep customers coming back. once the content has been written and proofread it shouldn't be changed. grammatical errors are not a problem because the customer visits the site to purchase a product, not check the site's grammar. it should be limited to text and shouldn't include multimedia.
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Business, 23.06.2019 07:00, TheMixingToad
Will mark you the which of the following groups has caused ongoing conflicts in afghanistan? a. the sinhalese majority b. natalitesc. kashmir sikhsd. the taliban
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Business, 23.06.2019 11:00, maguilarz2005
What are the factors that affects on the process of planning
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On april 1, 2016, the premium on a one-year insurance policy was purchased for $3,000 cash with the...
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