The Following Information Is Available at Balance Date of 31/12/X1;ignore

question 15

Essay

The following information is available at balance date of 31/12/X1;ignore GST:
1.Bad debts to be written off are $4,500.
2.Buildings depreciation rate is 2% straight line for the whole year.
3.Machinery depreciation rate is 20% diminishing value for the whole year.
4.Insurance was commenced and paid on 1 April 20X1 for a whole year.
5.The last rent received was for 3 months in advance on 1/11/X1;rent is $1,000 per month.
6.The term deposit interest rate is 10%;interest was last received on 30/06/X1 to cover up to and including that date.
7.Sales salaries are $8,000 per month;they were last paid on 31/10/X1 to cover up to that date.
State the names of accounts affected by these adjustments,the type of account,whether the account increases or decreases,the adjustment amount,and any necessary calculation.
Below is an example of how to set out your

Differentiate between various health insurance plans and hybrids.

Understand the difference between reimbursement and indemnity policies in health insurance.

Calculate the ideal benefit amount for disability income insurance based on gross pay.

Identify services included and not included in home health care coverage.

---

Definitions:

Negative Symptoms

Features often found in psychiatric conditions, such as lack of pleasure in everyday life, lack of ability to start and sustain planned activities, or speaking little even when forced to interact.

Responsiveness

The quality of reacting quickly and positively, especially to the needs, problems, or wishes of others.

Treatment

The management and care of a patient for the purpose of combating a disease or disorder.

Hallucinations

Sensory experiences that appear real but are created by the mind, such as seeing, hearing, or feeling something that isn't actually present.