The journal entry to close the Fees Earned, $100, and Rent Revenue, $25, accounts on December 31st during the closing process would be: a. Dec 31 Fees Earned 100 Rent Revenue 25 Income Summary 125 b. Dec 31 Income Summary 125 Fees Earned 100 Rent Revenue 25 c. Dec 31 Revenues 125 Income Summary 125 d. Dec 31 Income Summary 125 Revenues 125

Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)

Which investment has the liquidity and can be converted into cash easily?