The roscoe company's march 31, 2016 bank statement balance was $70,000. as of march 31, 2016, outstanding on checks total $22,000 and deposits in transit total $15,000. how much was roscoe's march 31, 2016 cash balance roscoe's books (checking account in general ledger)?
a. $77,000.
b. $70,000.
c. $63,000.
d. $107,000.

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

Which of the following is considered part of a country’s infrastructure?