Maurice Tutor

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About Maurice Tutor

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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: 401 Weeks Ago, 2 Days Ago
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Education

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

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 06 Aug 2017 My Price 4.00

unexpired insurance

The prepaid insurance account had  a  balance  of  $7,000  at  the  beginning  of  the  year. The  account  was  debited  for  $24,000  for  premiums  on  policies  purchased  during       the

year. Journalize the adjusting entry required under each of the following alternatives

for determining the amount of the adjustment: (a) the amount of unexpired insurance applicable to future periods is $8,500; (b) the amount of insurance expired during the year is $22,500.

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Aug 2017 08:08 PM My Price 4.00

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