subject
Business, 21.02.2020 19:31 angienunez2983

Yummy Foods purchased a one-year hazard insurance policy on August 1 and recorded the $4,200 premium to prepaid insurance. At its December 31 year-end, Yummy Foods would record which of the following adjusting entries? a. Debit Prepaid Insurance and credit Insurance Expense for $1,750. b. Debit Insurance Expense and credit Accounts Payable for $4,200. c. Debit Insurance Expense and credit Prepaid Insurance for $2,450. d. Debit Insurance Expense and credit Prepaid Insurance for $1,750

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
How is the architecture career pathway different from the construction pathway? a. architecture involves coordinating with contractors to make sure everyone stays on schedule. b. architecture involves using tools and equipment to build something new. c. architecture involves the design process, considering the function and safety of the project. d. architecture involves evaluating the work of contractors and employees.
Answers: 1
question
Business, 21.06.2019 21:30
What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.
Answers: 3
question
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
question
Business, 22.06.2019 09:20
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
You know the right answer?
Yummy Foods purchased a one-year hazard insurance policy on August 1 and recorded the $4,200 premium...
Questions
question
Mathematics, 27.10.2020 14:50
question
Mathematics, 27.10.2020 14:50
question
Mathematics, 27.10.2020 14:50
question
Mathematics, 27.10.2020 14:50
question
Business, 27.10.2020 14:50
Questions on the website: 13722362