XYZ had stock returns of -0.05, 0.44, -0.28, 0.18 over the past 1 yr. What is XYZ's cumulative return over that time period
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Ответ:
Date Account Title Debit Credit
Jan, 2 Cash $100
Accounts Receivable $700
Service revenue $800
$100 will be debited to Cash to show that $100 was received. The rest of the bill will go to the Accounts Receivables to shows that it is still owed. Then finally the entire $800 will go to Service revenue to show that services were performed for a client up to $800 worth.