Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. on december 1, 2015, the insurance for the company

On December 1, 2015, the insurance for the company's building was paid for $12,000 which...

80.2K

Verified Solution

Question

Accounting

On December 1, 2015, the insurance for the company's building was paid for $12,000 which will cover the period December 1, 2015-November 30, 2016.

The adjusting journal entry on December 31, 2015 is:

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Problem 6-21 (Algorithmic) The Centers for Disease Control and Prevention Office on Smoking and Health (OSH) is...

Statistics
Q

The automobile fuel called E85 consists of 85% ethanol and 15% gasoline. E85 can be used...

Chemistry
Q

The motion of an harmonic oscillator is governed by the differential equation 2¨x + 3 ˙x...

Physics
Q

In what way has the development of auditing and accounting in Japan been different from...

Accounting
Q

c. Income Statement Particulars Amount($) Sale 860 ...

Accounting
Q

All favorable variances are good and all unfavorable variances are bad. Write a brief paragraph...

Accounting
Q

Happy Ten Co. produces sports socks. The company has fixed costs of $75,000 and variable...

Accounting
Q

On January 1, 2014, Ballard Company spent $12,000 on an asset to improve its quality....

Accounting
Q

Percent of Sales Method At the end of the current year, Accounts Receivable has a...

Accounting
Q

Cosgrove Company manufactures two products, Product K-7 and Product L-15. Product L-15 is of fairly...

Accounting
Q

! Required information [The following information applies to the questions displayed below.] ...

Accounting
Q

simple answer calculation numerical approximatly Task 2 You are requested to suggest another capital...

Finance