Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2016, and charged the $4,320 premium to Insurance expense. At its December 31, 2016, year-end, Yummy Foods would record which of the following adjusting entries?
Insurance expense
900
Prepaid insurance
3,420
Insurance payable
4,320
Insurance expense
900
Prepaid insurance
900
Prepaid insurance
900
Insurance expense
900
Prepaid insurance
3,420
Insurance expense
3,420
Answers: 1
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Financial information that is capable of making a difference in a decision is
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The common stock of ncp paid $1.35 in dividends last year. dividends are expected to grow at an annual rate of 5.30 percent for an indefinite number of years. a. if ncp's current market price is $22.57 per share, what is the stock's expected rate of return? b. if your required rate of return is 7.3 percent, what is the value of the stock for you? c. should you make the investment? a. if ncp's current market price is $22.57 per share, the stock's expected rate of return is
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Yummy Foods purchased a two-year fire and extended coverage insurance policy on August 1, 2016, and...
Mathematics, 19.03.2021 22:30