Select the correct text in the passage. Which sentence shows that Sebastien will need to attend entrance counseling and sign a promissory note? Sebastien wants to take a certificate course in Computer Graphics. He has a brother who is in junior high school. Although Sebastien’s parents have saved a lot of money to fund their sons’ education, Sebastien will need some help to get the education he wants. As advised by his mother, Sebastien filed the FAFSA in January. He was happy to learn that he would be given a loan to cover all college expenses. Sebastien wanted to opt for the work-study program too but his family advised him against it. They were worried that it may not leave him enough time to study. Sebastien had applied for a scholarship along with his friend. While his friend was awarded the scholarship, Sebastien was denied it.

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?