Answer:The capital cost is $1 million
Explanation: This is one time expenses on production if goods and services , purchase of land and construction. It is the total cost required to bring a business to a commercially operable status.
<span>I would say A)minimum dollar amount that can be in an account wouldn't want an account with just a dollar in it, it would be a waste of time and space.</span>
Answer:
Letter A is correct.<u> </u><em><u>Unsystematic</u></em><em> </em>risk.
Explanation:
Unlike systematic risk, which is an inherent market risk, unsystematic risk is inherent in a specific sector or company.
The case in point concerns the investment of former AlphaEnergy employees, which is a unsystematic risk, as the investment risk in single-company shares includes regulatory changes, management changes, loss of market due to competition and withdrawal of the product from the market.
To reduce this type of risk, investors should seek diversification in their stock portfolio.
Answer: The journal entries are as follows:
Explanation:
Given that,
On January 1,
Credit balance in allowance for doubtful accounts = $36,000
(a) On February 1,
Allowance for doubtful accounts Dr. $8000
To Accounts receivable-Oakley co. $1500
To Accounts receivable-Brookes Co. $6500
(b) On June 5,
(i) Accounts receivable- Oakley A/c Dr. $1500
To Allowance for doubtful accounts $1500
(ii) Cash A/c Dr. $1500
To Accounts receivable- Oakley $1500