Please check my answers and let me know if I am correct thank you.
1. Depreciation expense is located on the accounts receivable documentation
A. income statement
B. accounts payable documentation
C. balance sheet
My answer is A. income statement
2. When are annuity due payments made?
A. At the end of the period
B. Yearly
C. At the beginning of the period
D. Monthly
My answer is C. At the beginning of the period
3. At the beginning of each year, Mary invests $1,400 semiannually at 8% for nine years. Determine the cash value of the annuity due at the end of the nineth year.
A. $37,939.86
B. $37,339.68
C. $37,339.68
D. $37,399.68
My answer is C. $37,339.68