Which one of the following is part of the transaction that is recorded when an account is written off under the allowance method? allowance for doubtful accounts is debited. bad debts expense account is debited. accounts receivable account is debited. loss on accounts receivable account is debited.

Adisadvantage of corporations is that shareholders have to pay on profits.

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?

It's possible for a debt card transaction to bounce true or false