User Account

All Pages

Prepare Marins August journal entry

Assignment Help Accounting Basics
Reference no: EM132562295

Question - On August 1, Marin Inc. paid $12,576 for an insurance policy that is for two years and is effective August 1.

Prepare Marin's August 1 journal entry and the December 31 adjusting entry, treating the expenditure as an asset.

Prepare Marin's August 1 journal entry and the December 31 adjusting entry, treating the expenditure as an expense.

Reference no: EM132562295

Questions Cloud

Identify the npv : Which is depreciated straight-line to a zero book value over three years. The required rate of return is 14.5 percent, identify the NPV.
What per unit inventory cost that acceptable for reporting : Variable costs per unit. What is the per unit inventory cost that is acceptable for reporting on the company balance at the end of the year?
Describe the biological and integrative theories : This week you examined personality theories from the biological and evolutionary and integrative theoretical orientations. Supported by the information.
What some consider to be acts of terror for the above reason : Provide at least three examples of known groups who have committed what some consider to be acts of terror for the above reasons.
Prepare Marins August journal entry : Prepare Marin's August 1 journal entry and the December 31 adjusting entry, treating the expenditure as an asset
Calculate the january price and efficiency variances : Whangaratta Ltd manufactures ceramic lamps. Calculate the January price and efficiency variances of direct materials and direct manufacturing labour.
Examine the reasons for confidentiality of the IGCE : Examine the reasons for confidentiality of the IGCE. Propose two actions that should be taken in order to maintain the confidentiality of the IGCE.
What is a main difference between theoretical orientations : Post one key idea from the biological or evolutionary theoretical orientation and one from the integrative theoretical orientation.
What is the rationale behind the NPV method : What is the rationale behind the NPV method? According to NPV, which franchise or franchises should be accepted if they are independent

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