« previous next »

Author Question: In constructing a pro forma balance sheet, which of the following fills the role of being the plug ... (Read 21 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
on: Jul 11, 2018
In constructing a pro forma balance sheet, which of the following fills the role of being the plug figure to balance the balance sheet?
 
  A) external financing
  B) the change in retained earnings
  C) accounts payable
  D) accounts receivable

Question 2

Gail lives near a fault line. She added an earthquake endorsement to her Homeowners 3 policy. All of the following statements about the endorsement are true EXCEPT
 
  A) The deductible is expressed as a percentage of the coverage limit rather than as a dollar amount.
  B) The endorsement also covers landslides and volcanic eruptions.
  C) Aftershocks occurring within 72 hours of an earthquake are considered part of the same occurrence.
  D) The endorsement also covers flood losses.


Kimmy

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jul 11, 2018
Answer to Question 1

A

Answer to Question 2

Answer: D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Ecosystem and Balance Ecosystem and Balance
cheat sheet for cuts of beef. cheat sheet for cuts of beef.
A spark tester looks like a regular spark plug with an alligator clip attached to the shell. This ... A spark tester looks like a regular spark plug with an alligator clip attached to the shell. This ...
Vitamin K plays a major role in blood coagulation, or clotting Vitamin K plays a major role in blood coagulation, or clotting
Role of calcium in muscle contraction Role of calcium in muscle contraction
Constructing a Three-Point Recombination Map Constructing a Three-Point Recombination Map
Video: Febrile Seizure

For a complete list of videos, visit our video library