Fred company paid $48,000 for a two-year insurance policy, ($2,000 per month), on october 1 and recorded the $48,000 as a debit to prepaid insurance and a credit to cash. what adjusting entry should fred make on december 31, the end of the accounting period (no previous adjustment has been made)? select one: a. debit: prepaid insurance 6,000 credit: insurance expense 6,000 b. debit : insurance expense 6,000 credit: prepaid insurance 6,000 c. debit: insurance expense 24,000 credit: prepaid insurance 24,000 d. debit: prepaid insurance 42,000 credit: insurance expense 42,000

$527.7.if the following was the question  $527.7 is the answer.students who are trying to raise funds have an agreement with a local pizza chain. the chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit. it is expected that of the 500 families in the community, at most 70% will buy pizza. based on a survey of their personal preferences, the students believe that they should order no more than 120 cheese pizzas, no more than 150 pepperoni pizzas, and no more than 100 vegetarian pizzas. they also want to make sure that at least 20% of the total pizzas are cheese and at least 50% of the pizzas are pepperoni. they make a profit of $1.45, $1.75, and $1.98, respectively, for each cheese, pepperoni, and vegetarian pizza they resell. how many pizzas of each type should they buy?

To be honest, here's what i think. i think the answer is (and i'm not exactly sure), that it is, both personal and household income.