User Account

All Pages

How much is the earned portion of the premium

Assignment Help Accounting Basics
Reference no: EM133182550

Question - SPECIALIZED INDISTRY - On January 1, 2021, FI Co. issues a one-year, fire insurance contract for a total premium of P12,000. Applying the 24th method, how much is the earned portion of the premium for the year ended December 31, 2021?

On March 1, 2021, FU Co. issues a one-year, fire insurance contract for a total premium of P12,000. Applying the 24th method, how much is the unearned portion of the premium for the year ended December 31, 2021?

Reference no: EM133182550

Questions Cloud

Difference between fieldwork and theory : Consider the difference between fieldwork and theory. How might a theorist of everyday life use one to enrich the other? Are there any differences between socio
Do you think ivan complaint under pipeda : b. Do you think Ivan's complaint under PIPEDA would be successful? Explain your answer.
Calculate the net income for the year : The following information is taken from the accounting records of James' Scooters Limited for the current year.
Importance of the issue for the employer : In response to the pandemic, organizations are ought to serve their employees more than just a normal medical plan. Being able to support the financial wellbein
How much is the earned portion of the premium : On January 1, 2021, FI Co. issues a one-year, fire insurance contract for a total premium of P12,000. Applying the 24th method, how much is the earned portion
Nce between intrinsic and extrinsic motivation applying theo : Explain the difference between intrinsic and extrinsic motivation applying theoretical concepts. two pages APA format
What is the contribution margin per unit : What is the contribution margin per unit? Assume the company monthly target profit is 17,080. Determine the unit sales to attain the target profit
What are signs of a successful agency : How can an agency provide incentives to motivate its workforce with a goal to invent workplace culture of meeting or exceeding the standard of mission execution
How to explain the reverse discrimination : How to explain the reverse discrimination? Explain with examples each of the steps in the strategic planning process.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd