Answer:
Explanation:
Direct Method
Aug
a
Dr Accounts Receivable 55,000
Dr Cash 13,900
Cr Sales 68,900
b
Dr Cash 45,100
Cr Accounts Receivable 45,100
c
Dr Bad Debt Expense 1,680
Cr Accounts Receivable 1,680
d
Dr Accounts Receivable 300
Cr Bad Debt Expense 300
Dr Cash 300
Cr Accounts Receivable 300
Allowance Method
a
Dr Accounts Receivable 55,000
Dr Cash 13,900
Cr Sales 68,900
b
Dr Cash 45,100
Cr Accounts Receivable 45,100
c
Dr Allowance for Doubtful debts 1,680
Cr Accounts Receivable 1,680
d
Dr Accounts Receivable 300
Cr Allowance for Doubtful debts 300
Dr Cash 300
Cr Accounts Receivable 300
The correct answers are:
<span>A.)mutual funds are more strictly regulated than hedge funds
</span><span>D.)mutual funds collect money from investors while hedge funds from companies
Mutual funds are investment programs that are funded by shareholders while hedge funds are invested funds from borrowed money. In terms of an investment program, mutual funds are more effective.</span>
Answer:
$10,800
Explanation:
Alice's gross income must include the money she received from Richard as part of their divorce settlement, excluding the amount set for child support:
Alice's gross income = 12 x ($1,500 - $600) = 12 x $900 = $10,800
The extra money that Richard gave Alice that was not part of the divorce settlement is not included in her gross income, since it is included in Richard's gross income.
Answer:
c. percentage change in price and percentage change in quantity demanded.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
The price-elasticity of demand coefficient, Ed, is measured in terms of percentage change in price and percentage change in quantity demanded.
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
For substitute products (goods), the price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
If the price elasticity of demand for a product equals 1, as its price rises the total revenue does not change because the demand is unit elastic.
I believe that you would get a statement for your checking account monthly because you need to know how much money get withdraw ed and how much is left.
