Business, 03.03.2020 02:57 maskythegamer
Tumbler, Inc. bought a 3-year insurance policy on August 1 for $3,900. Assume no other adjusting entries have been done this fiscal year. The adjusting entry on December 31 would be:A. debit Prepaid Insurance, $77, credit Insurance Expense, $77.B. debit Insurance Expense, $77, credit Prepaid Insurance, $77. C. debit Prepaid Insurance, $385, credit Insurance Expense, $385. D. debit Insurance Expense, $385; credit Prepaid Insurance, $385.E. debit Insurance Expense $542; credit Prepaid Insurance $542.
Answers: 1
Another question on Business
Business, 22.06.2019 03:00
How does having a flexible mind you become a better employee? a. it you become more honest toward work. b. it you become a team player. c. it you learn new things that will better your performance. d. it you to finish your work on time. e. it you reach work on time
Answers: 1
Business, 22.06.2019 06:00
According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is
Answers: 1
Business, 22.06.2019 10:30
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 14:30
Bridge building company estimates that it will incur $1,200,000 in overhead costs for the year. additionally, the company estimates 50,000 direct labor hours will be spent building custom walking bridges for the year at a total direct labor cost of $600,000. what is the predetermined overhead rate for bridge building company if direct labor costs are to be used as an allocation base?
Answers: 3
You know the right answer?
Tumbler, Inc. bought a 3-year insurance policy on August 1 for $3,900. Assume no other adjusting ent...
Questions
Social Studies, 13.11.2019 06:31
