Answer:
False.
Explanation:
Creating a budget is not about your wishes and hopes for what you want your income to be, but must be done by having a realistic perception of the income and expenses that each person has from month to month. In this way, you can project responsibly, avoiding incurring debts or other negative consequences.
Answer:
Option "D" is the correct answer to the following statement.
Individual
Expectation:
Rule 144A permits the resale of licensed shares by the public and tests them if Restricted shares are securities purchased from private, unregistered transactions from companies or organizations. Additional securities that the issuer purchases do not affect the Authority allows market place trading.
So, SEC rule 144A does not permit the resale of non registered securities of the individual.
Answer:
Journal Entry
Date Particulars Debit Credit
Mar. 17 Cash $275
Bad Debts $ 1000
Accounts Receivable( Shawn McNeely) $1275
As cash is received and also bad debts are written off from the same person a combined entry can be made for the accounts receivable.
When direct write off method is used the allowance for uncollectibles is not created. The bad debts are directly written off against the accounts receivable.
John Maynard Keynes believed that governments should increase spending in order to increase demand .
The correct answer is increase demand
