subject
Business, 19.02.2021 03:30 michellectucker1982

In making adjusting entries at the end of its accounting period, chao consulting mistakenly forgot to record: 1.) 3,700 of insurance coverage that had expired (this $3,700 cost had been initially debited to the prepaid insurance account). 2.) $2,250 of accrued salaries expense. As a result of these two oversights, the financial statements for the reporting period will:

Please answer

Picture above

Thank you


In making adjusting entries at the end of its accounting period, chao consulting mistakenly forgot

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 04:50
Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65
Answers: 3
question
Business, 22.06.2019 08:30
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
question
Business, 22.06.2019 14:30
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
question
Business, 22.06.2019 17:40
Because the demand for wheat tends to be inelastic. true or false
Answers: 1
You know the right answer?
In making adjusting entries at the end of its accounting period, chao consulting mistakenly forgot t...
Questions
question
Chemistry, 08.07.2019 18:00
question
Biology, 08.07.2019 18:00
Questions on the website: 13722367