Solved: Demaet cruise lines purchased a five-year insurance policy, Accounting Basics

+44 141 628 6080
[email protected]

Demaet cruise lines purchased a five-year insurance policy

kindly answer the following with full explanation and not only the answer:

- Demaet Cruise Lines purchased a five-year insurance policy for its ships on April 1, 2013 for $100,000. Assuming that April 1 is the effective date of the policy, the adjusting entry on December 31, 2013 is?

- Gardner Company purchased a truck from Kutner Co. by issuing a 6-month 8% note payable for $37500 on November 1. On December 31, the accrued expense adjusting entry is?

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Demaet cruise lines purchased a five-year insurance policy

Reference No:- TGS02580306

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

How do you define being an adult

Based on information provided in Ch. 11 & 12, how do you define "being an adult"?

Problem concerning consensual sexual relationship

Question: Jena and Ben are employees of Big City Electronics. They began to have a consensual sexual relationship.

Identify a true statement about validity

Question: Identify a true statement about validity as applied to a test. Multiple choice question

Why you feel unpleasantly hot and sweaty

Working in the yard, you feel unpleasantly hot and sweaty when you come in the house, so you take a shower and begin to feel better.

Discuss social worker working with foster children

You are a social worker working with foster children. You are making a home visit to Katie, age nine, and her foster family.

Describe the results, including any scores

Describe the results, including any scores. Result: E6% Extraverted Action oriented, Outgoing, Expressive, Hands-On S17% Sensing Traditional,

What is a behavioral indicator related to family

Which of the following is a behavioral indicator related to Family? A) Developing school readiness and transition strategies B) Developing collaborative

Solution Preview :

Prepared by a verified Expert

Accounting Basics: Demaet cruise lines purchased a five-year insurance policy

Reference No:- TGS02580306

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Cash of 2000 had been set aside for the plant expansion how

Q : Discuss with reasons and justifications whether you would

Q : Prior to java 15 if you needed a list of strings there were

Q : Write a cover letter to a prospective employer the letter

Q : Demaet cruise lines purchased a five-year insurance policy

Q : A company has 7 percent coupon bonds on the market with 9

Q : On the basis of this information how many units would the

Q : Question does g contain a directed path that touches every

Q : What do you think kozlowskis motivation was in regards to