On July 1 of the current calendar year, Plum Co. paid $7,500 cash for management services to be performed over a two-year period beginning July 1. Plum follows a policy of recordin cash payment. The adjusting entry on December 31 of the current year for Plum would include: 11) g all prepaid expenses to asset accounts at the time of A) A credit to a liability and a debit to a prepaid expense for $1,875. B) A debit to a prepaid expense and a credit to Cash for $5,625. credit to a prepaid expense for $5,625. debit to a prepaid expense and a credit to an expense for $1,875. E) A debit to an expense and a credit to a prepaid expense for $1,875.

1Plum company has paid USD 7500 for management service to be performed for next two year to be treated as prepaid on the date of payment i.e. July 1

2Payment made on July 1 for two year means for coming 24 months.

3Hence USD 7500/24 equals to USD 312.5 which should be charged in Expense account on monthly basis.

4Period Between July to December is of 6 months

5Hence the amount to be transferred to expense account would be USD 312.5*6 equivalent to USD 1875

6Hence E would be correct choice for adjustment entry of prepaid

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself