carliefox26
11.02.2020 •
Business
On July 1, 2019, Major Co. pays $15,120 to Mesa Insurance Co. for a 4- year insurance contract. Both companies have fiscal years ending December 31 Journalize and post the entry on July 1 and the adjusting entry on December 31 for Mesa Insurance Co. Mesa uses the accounts Unearned Service Revenue and Service Revenue. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. Round answers to O decimal places,e.g. 5,275.) Date Account Titles and Explanation Debit Credit Unearned Service Revenue Service Revenue
Solved
Show answers
More tips
- W Work and Career Secrets of a Super Supervisor: Proper Team Management...
- P Photography and Videography Understanding HDR: How It Works and Why You Need It...
- G Goods and services Which TV is better - LCD or Plasma?...
- S Sport How to Learn to Pull Up on Monkey Bars?...
- L Leisure and Entertainment Scrapbooking: What is it and Why is it Becoming More Popular?...
- C Computers and Internet Where did torrents.ru move to?...
- B Business and Finance Understanding Cash Flow: What It Is and How It Works...
- C Computers and Internet What Are Peers and Seeds in Torrenting?...
- H Health and Medicine 10 Simple Techniques on How to Boost Your Mood...
- G Goods and services How to Choose the Right High Chair for Your Baby?...
Answers on questions: Business
- M Mathematics Solve the given initial-value problem. dy dx = x + 2y, y(0) = 6 y(x) = −(2x+1) 4​+ 25 4​e2x Give the largest interval I over which the solution is defined. (Enter...
- E English What does the word troth mean as it is used in line 4 of the excerpt from king arthur’s knights?...
- S Social Studies Atime lag between left and right auditory stimulation is important for accurately...
- M Mathematics Ms. Golding managed to get discount tickets to a BTS concert. At the concert venue, a hot dog costs $4 each, while bottles of soda costs $3 each. A student spent a...
- B Biology When performing surveillance at a pool with play structures...
Ответ:
170.69
Explanation:
Given that,
Anticipated total cost (Future value) = $158.82 million
= $158,820,000
Saving per month = $590,000
Interest received on savings = 6 percent (compounded monthly)
Future value = $158,820,000
Therefore,
n = 170.69 months
Company have to wait before expanding its operations for 170.69 months.