subject
Business, 27.09.2019 01:00 actived

On may 1, a two-year insurance policy was purchased for $9,600 with coverage to begin immediately. what is the amount of insurance expense that would appear on the company's income statement for the first year ended december 31?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
question
Business, 22.06.2019 11:10
Use the following account numbers and corresponding account titles to answer the following question. account no. account title (1) cash (2) merchandise inventory (3) cost of goods sold (4) transportation-out (5) dividends (6) common stock (7) selling expense (8) loss on the sale of land (9) sales which accounts would appear on the income statement?
Answers: 3
question
Business, 22.06.2019 18:00
On september 1, 2016, steve loaned brett $2,000 at 12% interest compounded annually. steve is not in the business of lending money. the note stated that principal and interest would be due on august 31, 2018. in 2018, steve received $2,508.80 ($2,000 principal and $508.80 interest). steve uses the cash method of accounting. what amount must steve include in income on his income tax return?
Answers: 1
question
Business, 22.06.2019 23:00
Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.
Answers: 1
You know the right answer?
On may 1, a two-year insurance policy was purchased for $9,600 with coverage to begin immediately. w...
Questions
question
Mathematics, 18.03.2021 01:50
question
Mathematics, 18.03.2021 01:50
question
Mathematics, 18.03.2021 01:50
Questions on the website: 13722361