Asked by kelli

1. Quarter Corporation had the following transactions during the quarter ended June 30, 2010:
Loss from tsunami damage (extraordinary) $985,000
Payment of fire insurance premium for the period April 1, 2010 - March 31, 2011 480,000
Answered by Ms. Sue
I suggest you hold your questions until the ones you've posted are answered.

Very few of our accounting questions are answered. We don't have any accountants who volunteer to help students here.

Answered by kelli
Okay, thank you
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