Explain project control and evaluation in project management. Must be 350 words
In: Operations Management
In no more than 350 words, describe the role of a Physician Assistant (PA).
In: Nursing
The effects of the overuse of antibiotics in Humans.
APA paper with a minimum of 350-word
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Write a synopsis not to exceed 350 words on Information sources and data management
In: Operations Management
In: Math
In: Psychology
A proposed mechanism for the preparation of COBr2 from CO(g) and Br2 is:
Br2 ⇄ 2 Br (g) fast
Br(g) + CO (g) ⇄ COBr fast
COBr + Br2 → COBr2 + Br slow
The correct rate law for this mechanism is:
k [CO][Br2]
k [CO] / [Br2]1/2
k[Br2]
k [CO]2[Br2]
k [CO][Br2]3/2
In: Chemistry
Early in its fiscal year ending December 31, 2018, San Antonio
Outfitters finalized plans to expand operations. The first stage
was completed on March 28 with the purchase of a tract of land on
the outskirts of the city. The land and existing building were
purchased for $1,080,000. San Antonio paid $340,000 and signed a
noninterest-bearing note requiring the company to pay the remaining
$740,000 on March 28, 2020. An interest rate of 6% properly
reflects the time value of money for this type of loan agreement.
Title search, insurance, and other closing costs totaling $34,000
were paid at closing.
During April, the old building was demolished at a cost of $84,000,
and an additional $64,000 was paid to clear and grade the land.
Construction of a new building began on May 1 and was completed on
October 29. Construction expenditures were as follows: (FV of $1,
PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
(Use appropriate factor(s) from the tables
provided.)
| May 1 | $ | 3,300,000 | |
| July 30 | 2,200,000 | ||
| September 1 | 1,740,000 | ||
| October 1 | 2,640,000 | ||
San Antonio borrowed $5,500,000 at 6% on May 1 to help finance
construction. This loan, plus interest, will be paid in 2019. The
company also had the following debt outstanding throughout
2018:
| $3,400,000, 8% long-term note payable |
| $5,400,000, 5% long-term bonds payable |
In November, the company purchased 10 identical pieces of equipment
and office furniture and fixtures for a lump-sum price of $740,000.
The fair values of the equipment and the furniture and fixtures
were $546,000 and $294,000, respectively. In December, San Antonio
paid a contractor $355,000 for the construction of parking lots and
for landscaping.
Required:
1. Determine the initial values of the various
assets that San Antonio acquired or constructed during 2018. The
company uses the specific interest method to determine the amount
of interest capitalized on the building construction.
Early in its fiscal year ending December 31, 2018, San Antonio
Outfitters finalized plans to expand operations. The first stage
was completed on March 28 with the purchase of a tract of land on
the outskirts of the city. The land and existing building were
purchased for $1,080,000. San Antonio paid $340,000 and signed a
noninterest-bearing note requiring the company to pay the remaining
$740,000 on March 28, 2020. An interest rate of 6% properly
reflects the time value of money for this type of loan agreement.
Title search, insurance, and other closing costs totaling $34,000
were paid at closing.
During April, the old building was demolished at a cost of $84,000,
and an additional $64,000 was paid to clear and grade the land.
Construction of a new building began on May 1 and was completed on
October 29. Construction expenditures were as follows: (FV of $1,
PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
(Use appropriate factor(s) from the tables
provided.)
| May 1 | $ | 3,300,000 | |
| July 30 | 2,200,000 | ||
| September 1 | 1,740,000 | ||
| October 1 | 2,640,000 | ||
San Antonio borrowed $5,500,000 at 6% on May 1 to help finance
construction. This loan, plus interest, will be paid in 2019. The
company also had the following debt outstanding throughout
2018:
| $3,400,000, 8% long-term note payable |
| $5,400,000, 5% long-term bonds payable |
In November, the company purchased 10 identical pieces of equipment
and office furniture and fixtures for a lump-sum price of $740,000.
The fair values of the equipment and the furniture and fixtures
were $546,000 and $294,000, respectively. In December, San Antonio
paid a contractor $355,000 for the construction of parking lots and
for landscaping.
Required:
1. Determine the initial values of the various
assets that San Antonio acquired or constructed during 2018. The
company uses the specific interest method to determine the amount
of interest capitalized on the building construction.
| Assets | Initial Value |
| Land | |
| Land Improvments | |
| Building | |
| Equipment | |
| Furniture and Fixtures |
2. How much interest expense will San Antonio report in its 2018 income statement?
| Interest Expense |
In: Accounting
After the success of the company’s first two months, Santana Rey continues to operate Business Solutions. The November 30, 2019, unadjusted trial balance of Business Solutions (reflecting its transactions for October and November of 2019) follows.
| No. | Account Title | Debit | Credit | |||
| 101 | Cash | $ | 38,264 | |||
| 106 | Accounts receivable | 13,218 | ||||
| 126 | Computer supplies | 2,545 | ||||
| 128 | Prepaid insurance | 2,100 | ||||
| 131 | Prepaid rent | 3,020 | ||||
| 163 | Office equipment | 8,400 | ||||
| 164 | Accumulated depreciation—Office equipment | $ | 0 | |||
| 167 | Computer equipment | 21,600 | ||||
| 168 | Accumulated depreciation—Computer equipment | 0 | ||||
| 201 | Accounts payable | 0 | ||||
| 210 | Wages payable | 0 | ||||
| 236 | Unearned computer services revenue | 0 | ||||
| 307 | Common stock | 69,000 | ||||
| 318 | Retained earnings | 0 | ||||
| 319 | Dividends | 6,000 | ||||
| 403 | Computer services revenue | 31,634 | ||||
| 612 | Depreciation expense—Office equipment | 0 | ||||
| 613 | Depreciation expense—Computer equipment | 0 | ||||
| 623 | Wages expense | 2,250 | ||||
| 637 | Insurance expense | 0 | ||||
| 640 | Rent expense | 0 | ||||
| 652 | Computer supplies expense | 0 | ||||
| 655 | Advertising expense | 1,638 | ||||
| 676 | Mileage expense | 624 | ||||
| 677 | Miscellaneous expenses | 200 | ||||
| 684 | Repairs expense—Computer | 775 | ||||
| Totals | $ | 100,634 | $ | 100,634 | ||
Business Solutions had the following transactions and events in December 2019.
| Dec. | 2 | Paid $1,015 cash to Hillside Mall for Business Solutions’ share of mall advertising costs. | |
| 3 | Paid $420 cash for minor repairs to the company’s computer. | ||
| 4 | Received $4,450 cash from Alex’s Engineering Co. for the receivable from November. | ||
| 10 | Paid cash to Lyn Addie for six days of work at the rate of $105 per day. | ||
| 14 | Notified by Alex’s Engineering Co. that Business Solutions’ bid of $7,100 on a proposed project has been accepted. Alex’s paid a $2,000 cash advance to Business Solutions. | ||
| 15 | Purchased $1,800 of computer supplies on credit from Harris Office Products. | ||
| 16 | Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8. | ||
| 20 | Completed a project for Liu Corporation and received $5,825 cash. | ||
| 22–26 | Took the week off for the holidays. | ||
| 28 | Received $3,100 cash from Gomez Co. on its receivable. | ||
| 29 | Reimbursed S. Rey for business automobile mileage (400 miles at $0.28 per mile). | ||
| 31 | The company paid $1,500 cash in dividends. | ||
The following additional facts are collected for use in making
adjusting entries prior to preparing financial statements for the
company’s first three months.
Required:
1. Prepare journal entries to record each of the
December transactions and events for Business Solutions.
2-a. Prepare adjusting entries to reflect
a through f.
2-b. Post the journal entries to record each of
the December transactions from Requirement 1 and adjusting entries
from Requirement 2A. After completing Requirement 7, post the
closing entries to the general ledger accounts.
3. Prepare an adjusted trial balance as of
December 31, 2019.
4. Prepare an income statement for the three
months ended December 31, 2019.
5. Prepare a statement of retained earnings for
the three months ended December 31, 2019.
6. Prepare a balance sheet as of December 31,
2019.
7. Record the necessary closing entries as of
December 31, 2019 and then post the closing entries to the general
ledger in Requirement 2B.
8. Prepare a post-closing trial balance as of
December 31, 2019.
How do I complete a journal entry, income statement, and balance sheet for the provided information above?
In: Accounting
Serial Problem Business Solutions LO P1, P2, P3, P4, P5, P6
After the success of the company’s first two months, Santana Rey
continues to operate Business Solutions. The November 30, 2019,
unadjusted trial balance of Business Solutions (reflecting its
transactions for October and November of 2019) follows.
| No. | Account Title | Debit | Credit | |||
| 101 | Cash | $ | 38,264 | |||
| 106 | Accounts receivable | 12,618 | ||||
| 126 | Computer supplies | 2,545 | ||||
| 128 | Prepaid insurance | 2,220 | ||||
| 131 | Prepaid rent | 3,300 | ||||
| 163 | Office equipment | 8,000 | ||||
| 164 | Accumulated depreciation—Office equipment | $ | 0 | |||
| 167 | Computer equipment | 20,000 | ||||
| 168 | Accumulated depreciation—Computer equipment | 0 | ||||
| 201 | Accounts payable | 0 | ||||
| 210 | Wages payable | 0 | ||||
| 236 | Unearned computer services revenue | 0 | ||||
| 307 | Common stock | 73,000 | ||||
| 318 | Retained earnings | 0 | ||||
| 319 | Dividends | 5,600 | ||||
| 403 | Computer services revenue | 25,659 | ||||
| 612 | Depreciation expense—Office equipment | 0 | ||||
| 613 | Depreciation expense—Computer equipment | 0 | ||||
| 623 | Wages expense | 2,625 | ||||
| 637 | Insurance expense | 0 | ||||
| 640 | Rent expense | 0 | ||||
| 652 | Computer supplies expense | 0 | ||||
| 655 | Advertising expense | 1,728 | ||||
| 676 | Mileage expense | 704 | ||||
| 677 | Miscellaneous expenses | 250 | ||||
| 684 | Repairs expense—Computer | 805 | ||||
| Totals | $ | 98,659 | $ | 98,659 | ||
Business Solutions had the following transactions and events in
December 2019.
| Dec. | 2 | Paid $1,025 cash to Hillside Mall for Business Solutions’ share of mall advertising costs. | |
| 3 | Paid $500 cash for minor repairs to the company’s computer. | ||
| 4 | Received $3,950 cash from Alex’s Engineering Co. for the receivable from November. | ||
| 10 | Paid cash to Lyn Addie for six days of work at the rate of $125 per day. | ||
| 14 | Notified by Alex’s Engineering Co. that Business Solutions’ bid of $7,000 on a proposed project has been accepted. Alex’s paid a $1,500 cash advance to Business Solutions. | ||
| 15 | Purchased $1,100 of computer supplies on credit from Harris Office Products. | ||
| 16 | Sent a reminder to Gomez Co. to pay the fee for services recorded on November 8. | ||
| 20 | Completed a project for Liu Corporation and received $5,625 cash. | ||
| 22–26 | Took the week off for the holidays. | ||
| 28 | Received $3,000 cash from Gomez Co. on its receivable. | ||
| 29 | Reimbursed S. Rey for business automobile mileage (600 miles at $0.32 per mile). | ||
| 31 | The company paid $1,500 cash in dividends. | ||
The following additional facts are collected for use in making
adjusting entries prior to preparing financial statements for the
company’s first three months.
Required:
1. Prepare journal entries to record each of the December
transactions and events for Business Solutions.
2-a. Prepare adjusting entries to reflect
a through f.
2-b. Post the journal entries to record each of
the December transactions from Requirement 1 and adjusting entries
from Requirement 2A. After completing Requirement 7, post the
closing entries to the general ledger accounts.
3. Prepare an adjusted trial balance as of
December 31, 2019.
4. Prepare an income statement for the three
months ended December 31, 2019.
5. Prepare a statement of retained earnings for
the three months ended December 31, 2019.
6. Prepare a balance sheet as of December 31,
2019.
7. Record the necessary closing entries as of
December 31, 2019 and then post the closing entries to the general
ledger in Requirement 2B.
8. Prepare a post-closing trial balance as of
December 31, 2019.
In: Accounting