Duggan Corporation paid $600 for insurance at the beginning of December. The payment covered the months of December, January, and February. What would be the balance in the prepaid insurance account at the end of December if Duggan's accountant makes the correct adjusting entry?

As a manager of a high-end jewelry design brand, Reyhan makes strategic long-term decisions about his company’s overall direction. In addition, he creates the overall corporate goals, policies, and strategies. In light of these tasks, Reyhan must be a middle manager.

a. True b. False

A broker and seller may NOT make a binding oral agreement to extend the term of a listing.

a. true b. false