Set up T accounts for Cash; Accounts Receivable; Supplies; Accounts Payable; Clay Potter, Capital;
Clay Potter, Drawing; Professional Fees; and Operating Expenses.
(a) In the T accounts, record the following transactions of Potter Pool Services for June 2007, identifying each entry by number:
(1) Potter invested $12,500 cash in the business.
(2) Purchased supplies on account, $6,250.
(3) Paid operating expenses, $5,500.
(4) Billed clients for fees, $7,440.
(5) Received cash from cash clients, $4,700.
(6) Paid creditors on account, $1,400.
(7) Received $3,100 from clients on account.
(8) Withdrew $1,500 cash for personal use.
(b) Prepare a trial balance as of June 30, 2009 for Potter Pool Services.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Which of the following has the largest impact on opportunity cost

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve