Chapter 16—Prob. 6

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017-2020 are as follows:

                          Service Revenue                 Collections                     Pretax Accounting

                                                                                                                                Income

2017                       $610,000                              $590,000                              $150,000

2018                          710,000                                720,000                             215,000

2019                      675,000                             650,000                            185,000

2020                       660,000                            685,000                            165,000

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%. (Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017-2020,)

Required:

1. Prepare the appropriate journal entry to record Alsup’s 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (Enter your answers in thousands. e.g. 150,000 should be entered as 150).)

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017–2020 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%.

(Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017–2020.)

Required:
1. Prepare the appropriate journal entry to record Alsup's 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017–2020 are as follows: Service Revenue Collections Pretax Accounting Income 2017 $ 610,000 $ 590,000 $ 150,000 2018 710,000 720,000 215,000 2019 675,000 650,000 185,000 2020 660,000 685,000 165,000 There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%. (Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017–2020.) Required: 1. Prepare the appropriate journal entry to record Alsup's 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)

Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2017–2020 are as follows:

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 40%.

(Hint: You may find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2017–2020.)

Required:
1. Prepare the appropriate journal entry to record Alsup's 2018 income taxes, Alsup’s 2019 income taxes and Alsup’s 2020 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.)

Calculate the pH for each of the following cases in the titration of 50.0mL of 0.160M HClO(aq) with 0.160M KOH(aq).

a) before addition of any KOH

b) after addition of 25.0 mL of KOH

c) after addition of 40.0 mL of KOH

d) after addition of 50.0 mL of KOH

e) after addition of 60.0 mL of KOH

Calculate the pH for each of the following cases in the titration of 50.0ml of 0.110M. HCLO with 0.110M KOH. The ionization constant for HCLO= 4.0*10^-8. a) before adding KOH b) after adding 25ml KOH c) after adding 30ml KOH d) after adding 50ml KOH e) after adding 60ml KOH

A clinical trial was conducted to test the effectiveness of a drug for treatment insomnia in older subjects. Before treatment, 13 subjects had a mean wake time of 102.0 min. After treatment, the 13 subjects had a mean wake time of 92.4 min and a standard deviation of 22.1 min. Assume that 13 samples value appear to be from a normally distributed population and construct a 99% confidence interval estimate of the mean wake time for a population with drug treatments. What does the result suggest about the mean wake time of 102.0 min before the treatment? Does the drug appear to be effective?

-----min < u <----- min. What does the result suggest about the mean wake time of 102.0 min before the treatment? Does the drug appear to be effective?

The confidence interval -------------------the mean wake time of 102.0 min before the treatment, so the means before and after the treatment --------------------this result suggests that the drug treatment ------------------a significant effect.

Calculate the pH of each of the solutions and the change in pH to 0.01 pH units caused by adding 10.0 mL of 3.63-M HCl to 440. mL of each of the following solutions.

a.) .181 M C2H3O2 1-

ph before mixing: 9.00 (correct)

pH after mixing: ??

b.) a buffer solution that is 0.181 M in each C2H3O2 1- and HC2H3O2

pH before mixing: ??

pH after mixing: ??

Thank you!! Sincerely, a confused college student

use C++

. Compute the total cost of a meal inclusive of GST (Goods and Service Tax) and tipping. Assume that the GST is fixed at 6% but the amount to tip will depend on the customer. Your program should input the cost of the meal (before GST and tipping) and the tip amount (to be input as a percentage). Your program should display: - The total cost of the meal BEFORE GST and tipping - The total cost of the meal AFTER GST - The total cost of the meal AFTER GST and tipping