Read the Description of Following Adjustments That Are Required at the End

question 10

Essay

Read the description of following adjustments that are required at the end of the accounting period for Hubbard Repair Services. Determine the account and amount to be debited and the account and amount to be credited.
A. Prepaid rent for the year on April 1, 2019. Rent expired during the month of April 2019, $3,500. Record the adjustment on April 30, 2019.
B. Purchased supplies for $2,000 on April 1, 2019. Inventory of supplies was $1,600 on April 30, 2019. Record the adjustment for the amount of the supplies that were used during the month of April 2019.
C. Depreciation is computed using the straight-line method. Equipment purchased on April 1, 2019, for $18,000 has an estimated useful life of 5 years with no salvage value. Record the adjustment on April 30, 2019.
D. Signed a 6-month contract for $2,400 of prepaid advertising on April 1, 2019. Record the adjustment for the amount of the contract that expired during the month of April 2019.

Analyze the composition of a global minimum variance portfolio.

Calculate the expected rate of return and standard deviation of a portfolio.

Understand and calculate covariance between two securities.

Understand and calculate the correlation coefficient between two securities.

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Definitions:

Air Pollution

The presence of toxic chemicals or compounds in the air, at levels that pose a health risk to humans and the environment.

Maturation

The process of development in which an individual matures or reaches full functionality or potential, often biologically driven.

Genetic Program

The set of instructions encoded in the DNA of an organism that directs the development, functioning, and reproduction of that organism.

Developmental Norm

A benchmark in child development that outlines typical milestones or behaviors at various ages.