Answer:
b. $21,000
Explanation:
The accounting treatment for uncollectable accounts under allowance method is: Bad debts expense Debit and Allowance for doubtful accounts credit.
In the Question carried forward balance of Allowance for Doubtful accounts is $7,000 and the current year's allowance for doubtful accounts in total is $28,000.
So the amount for of bad debts expense for the period would be:
<h3>$28,000 - $7,000 = $21,000</h3>
Question 1- First Person- First person<span> in a video game is when you see through the eyes of the protagonist. </span>
Question 2- Narrative Immersion- Narrative immersion occurs when a player becomes invested in the game and it's characters.
Question 3- Avatar- Avatars are the graphic representation of the user or their character.
Answer:
D. Debit a Stockholders' account for $800
Explanation:
In this question we use the accounting equation i.e shown below:
Total assets = Total liabilities + Total stockholder equity
where,
Debited Total assets = $1,300
Credited Total liabilities = $500
So, the total stockholder equity is
= $1,300 - $500
= $800
So, the incorrect way is to debit a stockholder equity for $800
Answer:
The portfolio rate of return is 14%
Explanation:
The portfolio's rate of return is the weighted average of the expected rate of return =s of the individual stocks that form up the portfolio. Thus the formula for rate of return of a portfolio is,
Portfolio rate of return = wA * rA + wB * rB
Where,
- wA is the weight of security A in the portfolio
- wB is the weight of Security B in the portfolio
- rA is the rate of return of Stock A
- rB is the rate of return of Stock B
So, the portfolio return is,
rP or Portfolio return = 0.5 * 0.1 + 0.5 * 0.18
rP = 0.14 or 14%
Answer:
The correct answer is letter "C": publicity.
Explanation:
Publicity is the information spread by a company, entity, or public or private organization to create a favorable atmosphere about itself. This information is transmitted through different communication mediums. Publicity is a resource that allows companies to gain a free space in communication mediums persuading consumers with news about their products or services.
