It appears as though D is the correct answer
(Though (as a sub note) diversification of portfolios is a common method to reduce risk)
Answer:
Record the cash collection on September 9
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Explanation:
<em>When Barnes writes off a customer account on May 7</em>
Bad Debts $6,100 (debit)
Account Receivable $6,100 (credit)
<em>When the customer unexpectedly pays the $6,100 balance on September 9</em>
Bank $6,100 (debit)
Bad Debt $6,100 (credit)
Recognise the Assets of Cash Flowing in the entity and De-recognise the Bad Debts expense account.
I think it is monetary policy.
a trade surplus is a country's exports exceeding the cost of its imports. a trade deficit is the opposite