Caesar & Co. paid $1,000 cash for a two-year insurance policy. The journal entry would require a:
A) debit to Prepaid Insurance and a credit to Cash.
B) debit to Insurance Expense and credit to Cash.
C) debit to Insurance Expense and a credit to Accounts Payable.
D) debit to Insurance Expense and a credit to Retained Earnings.
A) debit to Prepaid Insurance and a credit to Cash.
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In the performing stage of group development, members
A. prepare for disbandment. B. develop close relationships. C. test the leader's policies. D. concentrate on solving problems and completing tasks. E. hold back to see what will happen.
Which of the following is true of a seller's right to dispose of goods from a breach of contract?
A) Any profit made on the resale or release of the goods has to be shared with the original buyer. B) Incidental charges can be recovered from the original buyer. C) The seller cannot resell the goods unless the original buyer agrees to it. D) The buyer can only dispose of goods that have already been delivered.
Successful companies devote time and resources to value chain management, using CRM, TQM, and other techniques to improve goods and services. Describe the primary motivation for this investment and distinguish which general product attributes or qualities these techniques strive to achieve.
What will be an ideal response?
To monitor your financial plan over time, it is important to store finance-related documents in a safe and accessible place
Indicate whether the statement is true or false.