Answer:
D
Explanation:
Direct finance is when a company or individual borrows money directly from the financial market without the aid of a financial intermediary.
Examples include :
- issuing bonds
- issuing shares
Indirect finance is when a company or individual borrows money through a financial intermediary. for example, borrowing from a bank
Answer:
Bob’s realized gain on the sale is $55,000,
Explanation:
The first step is to find the Book Value of the Rental Property Sold.
<u>Book Value of the Rental Property Sold.</u>
Cost $260,000
Less Accumulated Depreciation ($37,000)
Book Value $223,000
Gain or Loss on Sale = Selling Price - Cost of Sale (Book Value) - Other Selling Expenses
= $290,000 - $223,000 - $12,000
= $55,000
<u>Conclusion :</u>
Bob’s realized gain on the sale is $55,000,
Uhhh well how much Equity has been profitable and it’s usually around 10 percent
Accounts Receivable account is debited to write off a customer's account as uncollectible.
Accounts receivable is an asset account on the balance sheet that represents money owed to a company in the short term. Accounts receivable arise when a company lets a buyer purchase its goods or services on credit.
Accounts Receivable, AR or A/R for short, is a legally enforceable claim for payment by an entrepreneur for goods delivered or services rendered ordered by a customer but not paid for.
A receivable is an amount owed by a customer to a company for billable products or services. The total amount of all accounts receivable is included as a current asset on the balance sheet and includes invoices for items or work performed on credit to customers.
Learn more about Accounts Receivable here: brainly.com/question/24848903
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