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Answer:
a. Journal entries to record the reinstatement of the account receivable
Account Title and Description                           Debit     Credit
Account receivable account                                $600
        Allowance for Doubtful Accounts account                $600
(Reinstatement of the account receivable)
b. Journal entries to record the receipt of cash
Account Title and Description             Debit     Credit
Bank Account                                        $600
         Account receivable account                        $600
(Receipt of cash)
 
        
             
        
        
        
Answer:
Annual rate 0.017
Explanation:
Computation of the annual rate on the real bond. 
Using this formula 
Annual rate = Par Zero coupon inflation index/(1+r) ^Numbers of years =Inflation-indexed bond
Let plug in the formula 
Annual rate=100 / (1 + r) ^10 = 84.49
Annual rate= (100 / 84.49)^1 /10 − 1 
Annual rate=(1.18357)^0.1-1
Annual rate=1.016-1
Annual rate=0.017
Therefore the annual rate of return will be 0.017
 
        
                    
             
        
        
        
Answer:
See below
Explanation:
The computation of carrying value on the balance sheet of the ending inventory of finished goods under variable costing is seen below;
Before that, we have to determine the unit cost
Unit fixed manufacturing overhead = $120,400 ÷ 6,020 units = $20
Then, the difference will be;
= Unit fixed manufacturing overhead × change in inventory in units
= $20 × (6,020 units - $5,920)
= $20 × 100 units
= $2,000 less than absorption costing