Business, 28.01.2021 20:40 pum9roseslump
Garcia Company had the following selected transactions during the year. Jan. 1 The company paid $6,200 cash for 12 months of insurance coverage beginning immediately. Aug 1 The company received $2,700 cash in advance for 6 months of contracted services beginning on August 1 and ending on January 31. Dec. 31 The company prepared any necessary year-end adjusting entries related to insurance coverage and services performed. a. Record journal entries for these transactions assuming Garcia follows the usual practice of recording a prepayment of an expense in an asset account and recording a prepayment of revenue received in a liability account.
Answers: 2
Another question on Business
Business, 21.06.2019 20:40
Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t
Answers: 2
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
Business, 22.06.2019 21:40
Penny poodle wanted to know which dog obedience training program was more effective: puppy pride, the approach she has been using for any years, or doggie do-right, a new approach. penny convinced 50 human companions of untrained dogs to participate in her study. the dogs and their humans were randomly assigned to complete the puppy pride or doggie do-right course. at the end of the training programs, all of the dogs were scored on their level of obedience on a standardized dog obedience checklist (scores could range from 10 to 100). the design of this study is:
Answers: 2
Business, 23.06.2019 01:00
The huntington boys and girls club is conducting a fundraiser by selling chili dinners to go. the price is $7 for an adult meal and $4 for a child’s meal. write a program that accepts the number of adult meals ordered and then children's meals ordered. display the total money collected for adult meals, children’s meals, and all meals.
Answers: 2
You know the right answer?
Garcia Company had the following selected transactions during the year. Jan. 1 The company paid $6,2...
Questions
Advanced Placement (AP), 21.11.2019 07:31
English, 21.11.2019 07:31
Mathematics, 21.11.2019 07:31
Computers and Technology, 21.11.2019 07:31
Computers and Technology, 21.11.2019 07:31
Mathematics, 21.11.2019 07:31
