The Amount Of Insurance Expired During The Year Is

The Amount Of Insurance Expired During The Year Is. Total insurance expense paid = 12000. Ex.03.03.algo the balance in the prepaid insurance account, before adjustment at the end of the year, is $17,930.

[Solved] Adjusting Entries for Prepaid Insurance The
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(a) the amount of unexpired insurance applicable to future periods is $4,800; Insurance premiums expired during the year, $315. If the unexpired balance of the policies at the end of the year totals $800, what amount will.

(A) The Amount Of Unexpired Insurance Applicable To Future Periods Is $4,800;


The amount of insurance expired during the year is $13,630. In the insurance expense example above, the income statement for the end of the year would include two months of insurance premiums equal to $140 total. (a) the amount of unexpired insurance applicable to future periods is $8,500;

(B) The Amount Of Unexpired Insurance Applicable To Future Periods Is $6,750.


(a) the amount of insurance expired during the year is $20,250; Journalize the adjusting entry required at the end of the year, assuming the amount of unexpired insurance related to future periods is $4,100. Ex.03.03.algo the balance in the prepaid insurance account, before adjustment at the end of the year, is $17,930.

(B) The Amount Of Insurance Expired During The Year Is $30,700.


Depreciation of equipment during the year is $8,350. The amount of insurance expired during the year is $6,880. Adjusting entries for prepaid insurance the balance in the prepaid insurance account, before adjustment at the end of the year, is $27,000.

Journalize The Adjusting Entry Required Under Each Of The Following Alternatives For Determining The Amount Of The Adjustment:


(b) the amount of unexpired insurance applicable to future periods is $4,040. The amount of insurance expired during the year is $20,250. Journalize the adjusting entry required at the end of the year for each of the following situations:

(A) The Amount Of Unexpired Insurance Applicable To Future Periods Is $1,000;


Insurance premiums expired during the year are $1,800. If an amount box does not question : (b) the amount of insurance expired during the year is $30,700.