For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, (2) identify the normal balance of the account, and (3) enter debit (dr.) or credit (cr.) to identify the kind of entry that would increase the account balance. a. cash b. legal expense c. prepaid insurance d. land e. accounts receivable f. dividends g. license fee revenue h. unearned revenue i. fees earned j. equipment k. notes payable l. common stock
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Business, 21.06.2019 17:40
Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.
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Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
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Business, 23.06.2019 09:50
Frick (1991) claimed that computers would become so powerful that k-12 educators and students would be able to produce their own multimedia and web-based learning materials. he predicted that teachers and students would soon be able to use computer-video technology to produce their own learning materials. all it would require is time, know-how, and some funds.
Answers: 3
Business, 23.06.2019 17:30
Copan italia is a distributor of laboratory products and manufacturer of laboratory commodities, including transfer pipettes and flexible hematology cups used on a variety of automatic instruments to count blood corpuscle elements. copan's says that the company's business is to continually work to improve the quality of the collection and preservation of the microbiological sample in the "pre-analytical phase," as the demand for better protection of the specimen is growing day by day.
Answers: 2
For each of the following (1) identify the type of account as an asset, liability, equity, revenue,...
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