subject
Business, 06.03.2020 07:09 genyjoannerubiera

On December 1, a company pays $3,600 for a 36-month insurance policy. After one month, accrual accounting requires $

(100/3,600) of insurance expense be reported on the income statement ending December 31. However, if cash basis accounting is used, $

(100/3,600) of insurance expense would be reported at the time of purchase.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 02:00
Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f
Answers: 1
question
Business, 22.06.2019 02:00
Ineed : ): will mark brainliest! describe sinek's golden circle. what does he use this for? sinek argues that "people don't buy 'what' you do; people buy 'why' you do it." what does he mean by this? do you agree or disagree with him? why? what are the advantages of hiring people who share the same beliefs and visions in terms of the company's 'why' or purpose? why wasn't tivo successful as a company? what is the difference between leaders and those who lead? how does safety contribute to trust and cooperation? what are some ways that leaders can make the company environment safe? what are the advantages of companies where employees feel safe and protected?
Answers: 2
question
Business, 22.06.2019 10:00
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
question
Business, 23.06.2019 05:10
Explain the chemical change the causes corrosion
Answers: 1
You know the right answer?
On December 1, a company pays $3,600 for a 36-month insurance policy. After one month, accrual accou...
Questions
question
Mathematics, 08.02.2021 19:00
question
Mathematics, 08.02.2021 19:00
question
Business, 08.02.2021 19:00
question
Mathematics, 08.02.2021 19:00
Questions on the website: 13722362