Answer:
the amount of the adjustment in the Allowance for
Bad Debts account $3.000
Explanation:
Initial Balance
Allowance for Uncollectible Accounts $ 9.000
END Balance
Allowance for Uncollectible Accounts $ 12.000
The adjustment entry in the accountig will be
Bad debt expense $ 3.000
Allowance for Uncollectible Accounts $ 3.000
I believe the answer to this question is "<span>A discrete random variable". </span>
Answer:
D) enforce the contract.
Explanation:
Neither party knew about the gold mine before the deal was made, Byron and Charity even thought it was worthless. If Charity by accident, chance or luck discovered the gold mine, then she is entitled to it. Even f Byron wants to cancel the deal, he can't because Charity acted on good faith and the discovery of the gold mine was not something planned or intended.
For example, if I like an antique at a yard sale and I purchase it at $5, and then by chance someone that knows about antiques tells me that it is really expensive, a made a lot of money and the previous owner doesn't have the right to cancel the sale.
Answer:
The 1-year HPR for the first stock is 16.18%
Explanation:
The computation is shown below:
For investment 1 -
The formula is shown below:
= (Income × quarter ) +Value at the end - Value at the beginning ÷ (Value at the beginning) × 100
= {($0.38 × 2) + $29.25 - $25.83} ÷ ($25.83) × 100
= ($0.76 + $29.25 - $25.83) ÷ ($25.83) × 100
= ($4.18 ÷ $25.83) × 100
= 16.18%
