Using the Form Below, Record Each of the Following 2013

question 36

Essay

Using the form below, record each of the following 2013 transactions for Morris Corporation:
a) Nov. 1. Received cash from clients for services to be performed over the next six months, $6,000.
b) Nov. 1. Paid $600 for a 12-month insurance policy.
c) Dec. 31. Recorded expiration of two months of the insurance.
d) Dec. 31. Earned $2,000 of the amount received from clients in November.

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Definitions:

Modern Environmental Movement

Beginning in the 1960s, the second major stage of the environmental movement; focused on the environmental consequences of new technologies, oil exploration, chemical production, and nuclear power plants.

Conservation Era

A period in US history, notably the early 20th century, focused on the conservation and responsible management of natural resources.

Environmental Racism

The practice of placing environmentally hazardous sites, such as toxic waste facilities, near minority or lower-income communities.

Pollution Exposure

The condition of being subjected to or affected by pollutants in the environment, which can lead to health hazards and ecological damage.