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

Author Question: Munoz Co prepays cash in October for insurance that covers only the month of November. Munoz Co ... (Read 124 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
on: Jul 6, 2018
Munoz Co prepays cash in October for insurance that covers only the month of November. Munoz Co records the expense in October. Which method of accounting is Munoz Co using?
 a. accrual basis of accounting
   b. cash basis of accounting
   c. hybrid basis of accounting
   d. consolidated basis of accounting

Question 2

Digital evidence can be time sensitive, because some data are intended for only temporary storage and may be overwritten on a regular basis.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

TRUE


jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

jordangronback

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

7 month history of gradual, painless swelling and redness of both eyes 7 month history of gradual, painless swelling and redness of both eyes
Mars from Hubble Space Telescope October 28, 2005 with dust storm visible. Mars from Hubble Space Telescope October 28, 2005 with dust storm visible.
That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Fetal development from 1 month to 9 months Fetal development from 1 month to 9 months
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
Philip wants to supplement his pension by $415 per month with income from his investments. His ... Philip wants to supplement his pension by $415 per month with income from his investments. His ...
Video: Transmission Across a Synapse

For a complete list of videos, visit our video library