Yes, they are. You can just cut off the end and use it like nothing happened! :)
Answer:
Capital Gains Yield = 10.45%
Explanation:
The capitals gain yield represents the percentage appreciation or increase in the value of an investment. It is simply calculated by calculating the increase in the value of an investment or stock/bond and divide it by its initial cost.
The formula for CG Yield is,
CG Yield = (P1 - P0) / P0
Where,
P1 is current price
P0 is initial price paid
Thus CG Yield = (54.01 - 48.9) / 48.9 = 0.10449 pr 10.449%
The software that automates these tasks is called ________. I would say Excel or some other application using spreadsheets.
Answer:
The journal entries are shown below:
Explanation:
According to the scenario, the journal entries for the given data are as follows:
(1). Jun.30 Bad Debt expense A/c Dr $12,800
To Allowance for Doubtful A/c $12,800
(Being the bad debt expense is recorded)
(2). July Allowance for Doubtful A/c Dr $6,400
To Accounts Receivable A/c $6,400
(Being the customer balance written off is recorded)
