Complete the Following by Filling in the Blanks

question 95

Essay

Complete the following by filling in the blanks:
(1) The Prepaid Insurance account had a $545 debit balance at the beginning of the current year;
$650 of insurance premiums were paid during the year; and the year-end balance sheet showed $420 of prepaid insurance; consequently, the income statement for the year must have shown $________ of insurance expense.
(2) The Office Supplies account began the current year with a $235 debit balance; the income statement for the year showed $475 of office supplies expense; and the year-end balance sheet showed the current asset, office supplies, at $275; consequently, if all supplies were accounted for,
$ of office supplies must have been purchased during the year.

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Definitions:

Psychological Disorders

Mental disorders that significantly affect one's thinking, emotional state, and behavior, disrupting daily functioning.

Humane Treatments

Actions or practices that show compassion and respect towards others, including animals, often in contexts that could permit harshness.

Childhood Feelings

Emotions or affective responses experienced during one's childhood years.

Client-Centered Therapy

A humanistic therapy, developed by Carl Rogers, in which the therapist uses techniques such as active listening within an accepting, genuine, empathic environment to facilitate clients’ growth. (Also called person-centered therapy.)