Explanation:
The Journal entry is shown below:-
On Jan 31
Allowance for doubtful accounts $2,800
To Accounts receivable - C. Green $2,800
(Being the uncollectible amount is recorded)
Mar 09
Accounts receivable - C. Green $2,300
To Allowance for doubtful accounts $2,300
(Being the written off amount is recorded
Mar 09
Cash $2,300
To Accounts receivable - C. Green $2,300
(Being the payment is received is recorded)
Answer:
I would prefer Asset B
Explanation:
A risk averse investor is the one who prefers lower amount of returns with known or specific risks instead of the higher amount of returns with unknown risks. So, from among the various level of risks, the investor will be preferring the alternative with the least interest.
So, in this case,
In Asset A: pay a return of $2,000 and at 20% of time and the $500 at 80% of time.
In Asset B: pay a return of $1,000 and at 50% of time and the $600 at 50% of time.
So, I would prefer, Asset B as it has low return but have a known risk that is of 50 -50.
Answer: I found Optimum Internet advertisement effective.
Explanation: I found optimum internet effective because not only does it cost less but it's a good deal.
I really don't know if this is will help but that's what I find effective.
Correct answer: "<span>C. a situation in which quantity demanded is greater than quantity supplied"
Shortage is also referred to as excess demand - meaning that there is a greater demand than what there is to give. The opposite concept would be economic surplus.
</span>Example: when the need for food in a certain village is greater than what is supplied or produced in that village, there a shortage of food.
