Acompany paid $1500 cash for an insurance policy providing flood protection for a three-year period. this transaction should be recorded by which of the following entries:

a) $1500 debit to accrued expense and a $1500 credit to cash.

b)$1500 debit to unexpired insurance and a $1500 credit to cash.

c)$1500 debit to withdrawals and a $1500 credit to cash.

d)$1500 debit to accounts payable and a $1500 credit to cash.

Partnerships are the most common type of business firms in the world. t/f

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Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.