Answer:
Under the allowance method writing of uncollectible account will only affect Balance sheet accounts
Explanation:
Uncollectibles when write of under allowance method will create reduce account receivable one side and also results in reduction of allowance for receivable on other side created previously, thus having impact only on balance sheet:
Entry will be:
Dr: Allowance for Doubtful Debts (Balance Sheet Item)
Cr: Account Receivable (Balance Sheet Item)
Answer:
The answer is 60%
Explanation:
Labor force is the total number of people that have job(employed) and the number of people who are willing, able and actively searching for job(unemployed) in a population.
Labor force participation rate is calculated by dividing the labor force by the noninstitutionalized population.
Labor force = employed + underemployed + unemployed
= 96 + 31 + 8
=135 million
So we have:
(135 ÷ 243) x 100 percent.
60% (the nearest whole percentage)
honestly you would need all of them because they are very important to have as you get older
Value judgments and factual uncertainties
The call in this scenario is known as Out of the money (OTM).
Out of the money is when an option has no intrinsic value but rather, has an extrinsic value.
- Here, the current stock price is below the strike price of 201,then, we say that the call is out of money.
- A call option is called Out of the money when the underlying price is trading below the strike price of the call.
Hence, the call in this scenario is known as Out of the money (OTM)
Read more about Out of the money (OTM):
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