Answer:
December 31, 2015, bad debt written off
Dr Bad debt expense 1,200
Cr Accounts receivables 1,200
September 15, 2016, write off is partially reversed and a partial payment is collected
Dr Accounts receivable 600
Cr Bad debt expense 600
Dr Cash 600
Cr Accounts receivable 600
<span>This is outstanding stock. The stock has been given out to a buyer and is now "outstanding" in the general population, including those being held by the company's investors. The stock in this case represents a share in the ownership of the company.</span>
Emphasizing your qualifications or adding new information.
Answer:
when you do a one time payment you only pay once. When you set up a reaccuring payment you will pay mulitpul times.
Explanation:
Answer:
Expected return = 9%
Explanation:
<em>A portfolio is a collection of assets/ investment. The expected return on the stock would be the weighted average of all the return of the possible return weighted according to their probability.</em>
Expected return on portfolio:
E(R) =( Wa*Ra) + (Wb*Rb) + (Wc*Rc)
R- possible return,W- probability
E(R) = (30%× 0.25) + (12%× 0.5) + (-18%× 0.25) = 9
%
Expected return = 9%
Note that the negative sign in the last possible return implies a loss.
