all four sub parts

On January 1, 2010. Ryan Company the premium on a two year insurance policy in the amount of $8.600. At that time, the famourt pad was recorded as prepaid insurance Aer recording the adjusting entry for the unce policy on December 3139. what would be the balance in Ryan Company's prepaid insurance account? Multiple Choice 54300 o $3200 50 50 Pro O Which of the following statements is correct? Multiple Choice Current assets we resources of a company that might include cash and copyrights Current abilities are debts expected to be paid within one year Parents goodwill and deferred revenues are classified as rengible assets on the balance sheet Accumulated depreciation is the amount of depreciation on the income statement ere to search o ti c Saved E The CHS Company Dad 30.000 cash to its landlord on November 2016 for rent covering the ste-month period from November 1 2019 through April 30 2020. The books are adjusted only at yewend Which of the following does not correctly describe the effect on CHS Company's financial statements of the December 31 2019 adjusting entry Moe Choice en een $2.000 O Sociere ennyie 12,000 O Met income decreases $2.000 Prepelido decres 50,000 Ne> 3 Seved Which of the following is true? Multiple Choice Gains and losses on the sales of investments are included in cooperating income Income from operations would increase the income Income tax expense is shown as part of operating expenses Income before income this would be shows a component of operating income on the income watement 47 of 50 HEE Nad > De here to search o 3