« previous next »

Author Question: The adjusting entry for expired or used insurance will increase the Insurance Expense account. a. ... (Read 119 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jul 6, 2018
The adjusting entry for expired or used insurance will increase the Insurance Expense account.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

The Public Utilities Enterprise Fund was ordered by the court to pay environmental damages of 500,000 . The fund is to pay 100,000 immediately and the remaining 400,000 in equal installments for four additional years.
 
  In the year of the judgment, the Enterprise Fund would report
  a. 500,000 in expenses.
  b. 400,000 in liabilities.
  c. 100,000 in expenses.
  d. both items a and b.
  e. both items b and c.


bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 6, 2018
Answer to Question 1

True

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

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.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Example of Index entry for an anatomic site with a cross-reference. Example of Index entry for an anatomic site with a cross-reference.
IPCC Temperature Increase Predictions Relative to 1986-2005 IPCC Temperature Increase Predictions Relative to 1986-2005
Attachment and cell entry by HIV. Attachment and cell entry by HIV.
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library