Barry has paid the following insurance bills in the year ended 31 December 2020: £3,000 for the 3 months ended 28 February 2020 £2,500 for the 3 months ended 31 May 2020 £3,500 for the 3 months ended 31 August 2020 £3,000 for the 3 months ended 30 November 2020 In March 2020 he received a bill for £3,000 for the 3 months ended 28 February 2021 What is the charge to P/L for rent for the year ended 31 December 2020? a) £10,500 b) £12,500 c) £14,000 d) £12,000

Q: If Yolanda's insurance company cancels her fire insurance policy after 204 days, how much of the…

A: Variables in the question:Annual premium=$682.00Coverage=204 daysAssumed 365 days in a year

Q: Chen buys a T-bill with a face value of $10,000.00 on 2021-05-12 that matures on 2021-10-29. The…

A: A treasury bill is a kind of debt security issued by the government and private companies for…

Q: QUESTION 2 Billy Bourne makes $97574 annually. How much does Billy pay for his E.I. premium for the…

A: The Employment Insurance (EI) premium rate for 2022 is 1.58% of insurable earnings, up to a maximum…

Q: What is the annual insurance expense considering the following costs: Semiannual car insurance…

A: Insurance is agreement between insurer and insured where insurer agrees to compensate insured for…

Q: Man - Duen wants to buy a $28, 000.00 T-bill that matures on 2019-12-08. His target price is $…

A: Face value=28000Price=27729.66Simple interest=3.12%

Q: On December 31, 2019, Don accepted a note receivable from Mike’s Builders for $1,000 as a good faith…

A: Interest accrued on March 31, 2020 = Face value of Note x rate of interest x No. of Days / 360 days…

Q: Pedro sells investment land on September 1, 2020. Information pertaining to the sale follows:…

A: Net Income is the difference between total revenue and total expenses of the business. Gain is the…

Q: Margo borrowis 51700 , agreeing to pay it back with 48 annual interest after 11 months. How much…

A: Principal Amount = p = 51,700Interest Rate = r = 48%Time = t = 11 / 12 Years

Q: In 2018 Freddie, a cash basis taxpayer, borrowed an amount from Roger amounting to 13,000 pesos…

A: Interest is a amount which is paid by a borrower to the person from the money has been taken by him…

Q: Your employer pays 70% of your total insurance premium of 8000 per year. How much do you pay as an…

A: Total insurance premium = $8000 Employer contribution = 0.70 (70%)

Q: Suppose a life insurance company sells a $230,000 one-year term life insurance policy to a…

A: First we need to calculate the probability for not survival of female. We know total is 1 in…

Q: On 1st of January 2018 an individual knows that she will retire in 10 years and will receive a state…

A: Present value is a financial concept that represents the value of a future sum of money in terms of…

Q: Annuity due. Reginald is about to lease an apartment for 12 months. The landlord wants him to make…

A: The rate of return on borrowing money to purchase a commodity on the spot market and selling it on…

Q: Employee B has the opportunity to contribute to a payroll deduction 401(k) plan at work. This…

A: Compound = monthly = 12Interest rate = r = 3 / 12 = 0.25%Monthly payment = p = $250Time = t = 10 *…

Q: The rent is $1200 per month. The landlord requires first and last month’s rent, security deposit…

A: Amount payable = First month rent+Last month rent+ security deposit+credit fee

Q: find the simple interest rate

A: Interest charged on the principal amount at a fixed rate for a fixed period of time is known as…

Q: During the 2019/20 FBT year, Tesla Ltd gave an employee a personal loan of $50,000. The loan existed…

A:

Q: Fully furnished accommodation with monthly rent of $5,000.  Ms Tan contributed a total rent of…

A: For recognizing the accommodation benefit provided by the employer to report it as in taxable…

Q: ments ing & heating expense' in Angela's Income St (b) Belinda is a sole trader. Her business's…

A: Given that: Annual maintenance costs = $325

Q: On December 31, 2019, Don accepted a note receivable from Mike’s Builders for $1,000 as a good faith…

A: Total interest on Note = Face value of note x rate of interest x No. of days /  360 = $1,000 x 7% x…

Treasury Market

On-the-run securities are the most recently issued securities in the market depth and are therefore traded at some premium. The off-the-run securities are the ones issued just before the most recent ones. The on-the-run securities have a lower yield to the investor than the off-the-run securities.