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

Author Question: A property tax millage rate is calculated by: a. dividing the required tax levy by the total ... (Read 91 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jul 5, 2018
A property tax millage rate is calculated by:
 
  a. dividing the required tax levy by the total assessed value of property
  b. multiplying the required tax levy by the total assessed value of property
  c. dividing the required tax levy by the net assessed value of property
  d. multiplying the required tax levy by the net assessed value of property

Question 2

Smokey Company purchases a one-year insurance policy on July 1 for 3,600 . The adjusting entry on December 31 is
 a. debit Insurance Expense, 1,800; credit Prepaid Insurance, 1,800
  b. debit Insurance Expense, 1,500; credit Prepaid Insurance, 1,500
  c. debit Insurance Expense, 2,100; credit Prepaid Insurance, 2,100
  d. debit Prepaid Insurance, 1,800; credit Cash, 1,800


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ciecieme

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

a


nautica902

  • Member
  • Posts: 591
Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Effects of Living in Total Darkness on Monoaminergic Systems Effects of Living in Total Darkness on Monoaminergic Systems
Rate of Residential Change, Past Year, in the United States Rate of Residential Change, Past Year, in the United States
Generally, the total tax burden in the United States is much lower than that of other industrialize Generally, the total tax burden in the United States is much lower than that of other industrialize
Distribution of the Property of Americans Distribution of the Property of Americans
The rate of global emissions is rising rapidly, especially in India and China The rate of global emissions is rising rapidly, especially in India and China
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Video: Integumentary Anatomy

For a complete list of videos, visit our video library