Question
Please I am serious why do people (experts you call yourselves) merely copy and paste wrong answers from other wrong answer sources and pretend that
Please I am serious why do people (experts you call yourselves) merely copy and paste wrong answers from other wrong answer sources and pretend that they are right when they didnt even answer the right questions?
I dont understand why I have to keep wasting my questions asking same questions over and over again .. I have posted this same question so many times because of completely and entirely wrong answers.
Why cant I ask questions about concepts in my studyguide for my exam that I dont understand? Isnt that what Chegg is for? If not, I sincerely dont understand what I am paying for all this time..
Please, please this time help me with the steps and the right answers please.
I would really appreciate your ACTUAL and GENUINE efforts, experts.
Thank you.
Q1 \begin{tabular}{|l|lc|} \hline Business Insurance Annual Expense & $ & 12,000.00 \\ \hline Coverage Period & 04/01/2020 & 03/31/2021 \\ \hline \end{tabular} Assume no payment in March 2020 nor in April 2020. JE # 1 What GL account would you use when you record the installment 1 in the AP system? JE # 2 How much is the monthly expense? (Expense amount not payable amount) JE # 3 Do you amortize the expense in March 2020? If so, please prepare a month-end JE. Date GL Account Name Debit Credit JE #4 Do you amortize the expense in April 2020? If so, please prepare a month-end JE. Date GL Account Name Debit Credit Q1 \begin{tabular}{|l|lc|} \hline Business Insurance Annual Expense & $ & 12,000.00 \\ \hline Coverage Period & 04/01/2020 & 03/31/2021 \\ \hline \end{tabular} Assume no payment in March 2020 nor in April 2020. JE # 1 What GL account would you use when you record the installment 1 in the AP system? JE # 2 How much is the monthly expense? (Expense amount not payable amount) JE # 3 Do you amortize the expense in March 2020? If so, please prepare a month-end JE. Date GL Account Name Debit Credit JE #4 Do you amortize the expense in April 2020? If so, please prepare a month-end JE. Date GL Account Name Debit CreditStep by Step Solution
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