Maurice Tutor

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About Maurice Tutor

Levels Tought:
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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Feb 2018 My Price 4.00

Receipt of advanced payments

Receipt of advanced payments. (Obj. 1) On May 1, 20x1, an insurance company sells a three-year insurance policy to one of its customers. The cost of the premiums is $1,200. The insurance company uses the accrual basis and a calendar year

a. What amount of the $1,200 must the company include in its gross income over the term of the policy (20x1 – 20x4)?
b. Would your answer change if the company used the cash basis? Explain

 

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Feb 2018 10:02 PM My Price 4.00

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