This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The cardinality constraint is used to specify both the minimum and maximum participation of one ... (Read 182 times)

Melani1276

  • Hero Member
  • *****
  • Posts: 516
on: Jul 5, 2018
The cardinality constraint is used to specify both the minimum and maximum participation of one entity in the relationship with the other entity.
  Indicate whether the statement is true or false

Question 2

Prepare journal entries to record the following transactions regarding a fire insurance policy purchased by Chang Electronics. Chang's business operates on a calendar-year basis.
 
  a. April 1, 2013 - Chang arranges to buy fire insurance. He receives a bill for 10,000 for an insurance policy that covers the period April 1, 2013 through March 31, 2014
   b. April 10 - Chang pays the insurance bill.
   c. December 31- Chang prepares financial statements for the year ended. December 31, 2013 . He prepares an adjusting entry regarding insurance.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kkenney

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jul 5, 2018
Answer to Question 1

F

Answer to Question 2

a. Prepaid insurance 10,000
Accounts payable 10,000

b. Accounts payable 10,000
Cash 10,000

c. Insurance expense 7,500
Prepaid insurance 7,500


Melani1276

  • Member
  • Posts: 516
Reply 2 on: Jul 5, 2018
Wow, this really help

mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

A wastegate is used on the first-generation Duramax diesel to control maximum boost pressure. A wastegate is used on the first-generation Duramax diesel to control maximum boost pressure.
How to quickly determine the maximum or minimum value of a quadratic equation in standard form How to quickly determine the maximum or minimum value of a quadratic equation in standard form
Paleocene-Eocene Thermal Maximum Paleocene-Eocene Thermal Maximum
The maximum acceleration a pilot can stand without blacking out is about 7.0 g. In an endurance ... The maximum acceleration a pilot can stand without blacking out is about 7.0 g. In an endurance ...
Withr this assumption, the maximum radius of M+ is Withr this assumption, the maximum radius of M+ is
The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum The surface temperature of the star is 6000 K. At what wavelength is its light output a maximum
Video: The Vestibular System

For a complete list of videos, visit our video library