The journal entry to record the entry of a customer's nonsufficient funds check would include a:
A) debit to Revenue.
B) credit to Cash.
C) debit to Accounts Payable.
D) credit to Accounts Receivable.
Answer: B
Business
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Deceptive, unfair business practice regulations and false advertising regulations would come from:
A) FTC. B) CFPB. C) FCC. D) SEC.
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The standard deviation for the return on an portfolio of 20 type S firms is closest to ________
Consider an economy with two types of firms, S and I. S firms always move together, but I firms move independently of each other. For both types of firms there is a 70% probability that the firm will have a 20% return and a 30% probability that the firm will have a -30% return. A) 13.75% B) 22.91% C) 5.00% D) 4.58%
Business