Squeaky shine provides car washing services in jersey city, new jersey. a three-month pass for automatic car wash sells for $60, which entitles the customer for an unlimited number of car washes during the contract period. squeaky shine estimates that pass holders wash their cars equally throughout the three-month period. on december 1st, customers purchased $1,260 of the three-month passes, with purchases of the passes occurring evenly throughout december. required: 1. prepare the journal entries that squeaky shine would record on december 1 and on december 31, 2016, with respect to this transaction. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations.) 2. state the account titles and amounts that will be included in squeaky shine’s 2016 income statement and balance sheet.

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $

Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?