Questions
The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before...

The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.

MOTO HOTEL
Trial Balance
May 31, 2017

Debit

Credit

Cash $ 2,333
Supplies 2,600
Prepaid Insurance 1,800
Land 14,833
Buildings 67,600
Equipment 16,800
Accounts Payable $ 4,533
Unearned Rent Revenue 3,300
Mortgage Payable 33,600
Common Stock 59,833
Rent Revenue 9,000
Salaries and Wages Expense 3,000
Utilities Expense 800
Advertising Expense

500

$110,266

$110,266


Other data:

1. Insurance expires at the rate of $450 per month.
2. A count of supplies shows $1,070 of unused supplies on May 31.
3. (a) Annual depreciation is $3,840 on the building.
(b) Annual depreciation is $3,240 on equipment.
4. The mortgage interest rate is 5%. (The mortgage was taken out on May 1.)
5. Unearned rent of $2,630 has been earned.
6. Salaries of $730 are accrued and unpaid at May 31.

(a) Prepare a ledger using T-accounts. Enter the trial balance amounts and post the

adjusting entries.

(b) Prepare an adjusted trial balance on May 31.

(c) Prepare an income statement and a retained earnings statement for the month of May

and a classified balance sheet at May 31.

(d) Identify which accounts should be closed on May 31.

In: Accounting

Lodging in Europe Q1. Write a program to make suggestions on lodging in Europe. If a...

Lodging in Europe

Q1. Write a program to make suggestions on lodging in Europe.

  • If a user wants to spend $30 or less on lodging per night, suggest camping.
  • If a user wants to spend $45 or less but more than $30 per night, suggest youth hostel if the user is 30 years old or younger and adult hostel if the user is older than 30 years old.
  • If a user wants to spend $100 or less but more than $45 per night, suggest hotel.
  • If a user wants to spend $200 or less but more than $100 per night, suggest grant hotel.
  • If a user wants to spend more than $200, suggest exclusive suites. If the country is France, also suggest rooms in palaces.

Note that to compare whether a String variable country equals "France", you cannot use country == "France". The correcr way to compare is country.equals("France").

Q2.

Days of a Month

Given the year and month number, return the number of days in the month.

  • For month 1, 3, 5, 7, 8, 10, 12, return 31.
  • For month 4, 6, 9, 11, return 30.
  • For month 2, if it is leap year, return 29, otherwise return 28.

A year is a leap year if the year number is a multiple of 4 but not a multiple of 100. However, if a year number is a multiple of 400, the year is a leap year.

In: Computer Science

For this portion of the lab, you will reuse the program you wrote before. That means...

For this portion of the lab, you will reuse the program you wrote before.

That means you will open the lab you wrote in the previous assignment and change it. You should NOT start from scratch. Also, all the requirements/prohibitions from the previous lab MUST also be included /omitted from this lab.

Redesign the solution in the following manner:
1. Create a menu and ask the user which of the following conversions they wish to perform:
a. Miles to kilometers

b. Gallons to liters

c. Pounds to kilograms

d. Inches to centimeters

e. Fahrenheit to Celsius

2. Your program must raise an exception if the user chooses any item not on the menu presented. Along with raising an exception, write the code to handle this exception.
3. Once the user has chosen a menu item the program should:

a. Ask the user for a value to convert. Refer to the input validations in Lab 4. Your program must raise and exception, and handle the exception, if an input errors occurs.

b. Perform the conversion and write the original value, the original unit, the converted value, and the converted unit to an output file named conversions.txt.

c. Repeat steps a and b 10 times (in a loop).

I have written this code before. I already have added step number 1: the menu. Please add in the code the other requirements: step 2, and step 3 a. b. and c. Thank you!

#Conversions.py

def MilesToKm(Miles):
Km = Miles * 1.6
print(f"Miles: {format(Miles,'.2f')}, kilometers: {format(Km,'.2f')}")
def FahToCel(Fahrenheit):
Celsius = (Fahrenheit - 32) * 5 / 9
print(f"farehnheit: {format(Fahrenheit,'.2f')}, celsius: {format(Celsius,'.2f')}")
def GalToLit(Gallons):
Liters = Gallons * 3.9
print(f"gallons: {format(Gallons,'.2f')}, liters: {format(Liters,'.2f')}")
def PoundsToKg(Pounds):
Kg = Pounds * 3.45
print(f"pounds: {format(Pounds,'.2f')}, kilograms: {format(Kg,'.2f')}")
def InchesToCm(Inches):
Cm = Inches * 2.54
print(f"inches: {format(Inches,'.2f')}, centimeters: {format(Cm,'.2f')}")

#Main.py

#Import the package
from Conversions import *
#Create main function to give choice of conversion
def main():
#Intialize the string
string = '''
1: Convert miles to km
2: Convert fahrenheit to celsius
3: Convert gallons to liters
4: Convert pounds to kg
5: Convert inches to cm'''
#Initialize the tupels
metric_name = ('miles','fahrenheit','gallons','pounds','inches')
convert_name = ('km','celsius','liters','kg','cm')
#Print the string
print(string)
#Get the input
choice = int(input('Which of the given conversions would you like to perform? Enter your choice from 1 to 5: '))
#Set count as "3"
count = 3
#Initialize the boolean variable
flag = True
#Execte the "while" loop
while(flag):
#Get the input
input_value = float(input("Enter how much {0} would you like to convert into {1}: "
.format(metric_name[choice-1] , convert_name[choice-1])))
#Check for the negative inputs
if input_value < 0:
#Decrement count by "1"
count -= 1
#Print the invalid message
print('Invalid input! You have',count,'chance(s) to enter a valid input')
#Otherwise
else:
#Check for the choice "1"
if choice == 1:
#Call the function
MilesToKm(input_value)
#Check for the choice "2"
if choice ==2:
#Check whether the input is greater than or equal to "1000"
if input_value >= 1000:
#Decrment the count "1"
count -= 1
#Print the message
print('Invalid input! You have',
count,'chance(s) to enter a valid input')
#Otherwise
else:
#Call the function
FahToCel(input_value)
#Check for the choice "3"
if choice == 3:
#Call the function
GalToLit(input_value)
#Check for the choice "4"
if choice == 4:
#Call the function
PoundsToKg(input_value)
#Check for the choice "5"
if choice == 5:
#Call the function
InchesToCm(input_value)
#Checck whether the count is "0"
if count == 0:
#Set boolean value as "False"
flag = False
#Call the function
main()

In: Computer Science

Please use exact data provided here in this question.. An amusement park studied methods for decreasing...

Please use exact data provided here in this question.. An amusement park studied methods for decreasing the waiting time (minutes) for rides by loading and unloading riders more efficiently. Two alternative loading/unloading methods have been proposed. To account for potential differences due to the type of ride and the possible interaction between the method of loading and unloading and the type of ride, a factorial experiment was designed. Use the following data to test for any significant effect due to the loading and unloading method, the type of ride, and interaction. Use = .05. Factor A is method of loading and unloading; Factor B is the type of ride. Type of Ride Roller Coaster Screaming Demon Long Flume Method 1 48 55 49 50 47 45 Method 2 48 45 50 50 41 46 Set up the ANOVA table (to 2 decimal, if necessary). Round p-value to four decimal places. Source of Variation Sum of Squares Degrees of Freedom Mean Square F p-value Factor A Factor B Interaction Error Total The p-value for Factor A is What is your conclusion with respect to Factor A? The p-value for Factor B is What is your conclusion with respect to Factor B? The p-value for the interaction of factors A and B is What is your conclusion with respect to the interaction of Factors A and B? What is your recommendation to the amusement park?

In: Statistics and Probability

The City of Little River had the following transactions related to the construction of a new...

The City of Little River had the following transactions related to the construction of a new courthouse:

  1. January 2, 2017: 20-year, 6%, general-obligation serial bonds with a face value of $2,000,000 are issued at 101. Interest payments are made on January 1 and July 1 of each year. The premium was transferred into the debt-service fund. The general fund will fully fund each payment as it becomes due.
  2. March 1, 2017: Land is purchased for a new park at a cost of $200,000.
  3. March 1, 2017: A contract is signed for landscaping and construction of various structures in the park in the amount of $1,800,000.
  4. June 15, 2017: $110,000 is transferred from the general fund for the July 1 payment due on the courthouse-fund serial bonds.
  5. July 1, 2017: Interest ($60,000) and principal ($50,000) are paid on the courthouse-fund serial bonds.
  6. December 1, 2017: The city receives an invoice for progress completed to date on the courthouse construction project in the amount of $385,000.
  7. December 27, 2017: $58,500 is transferred from the general fund for the January 1, 2018 interest payment due on the courthouse-fund serial bonds.
  8. Interest is accrued as of December 31, 2017, following the exception permitted by the GASB.

Prepare the journal entries required in both the capital-projects fund and the debt-service fund using the template provided in this module.

In: Accounting

a. The standard deviation of a sample of data was 14. Find the variance. B. Given...

a. The standard deviation of a sample of data was 14. Find the variance.

B. Given the sample data 5, 0, 7, 5, 9, and 6, find its range

C.

A new​ weight-loss program claims that participants will lose an average of more than 10 pounds after completing it. The data table shows the weights of five individuals before and after the program.

1

2

3

4

5

weight before

264

220

285

264

195

weight after

240

223

267

250

175

We need to test the hypothesis that the population mean of differences exceed 10.  That is,

H0:  

H1:   .  

Use 5% level of significance.

Find the test statistic.

(Provide two  significant digits to the right of the decimal point)

C.

A person can take either of two routes to work, through Matteson or Richton Park. Both take on average 35 minutes, and travel times are Normally distributed. But are the variances of the travel times different? A random sample with n = 8 using the Matteson route, and another random sample with n = 6 using the Richton Park route, showed a variance of 45 (units: square minutes) and 30 respectively. To test whether the variances are different, the following test of hypothesis should be done:

H0:

H1:  

What is the value of the test statistic?

In: Statistics and Probability

Alternative Inventory Methods Park Company's perpetual inventory records indicate the following transactions in the month of...

Alternative Inventory Methods Park Company's perpetual inventory records indicate the following transactions in the month of June: Units Cost/Unit Inventory, June 1 200 $3.20 Purchases: June 3 200 3.50 June 17 250 3.60 June 24 300 3.65 Sales: June 6 300 June 21 200 June 27 150 Required: 1. Compute the cost of goods sold for June and the inventory at the end of June using each of the following cost flow assumptions: If required, round your answers to the nearest dollar. FIFO Cost of Goods Sold $ Ending Inventory $ LIFO (Round your intermediate calculations and final answers to the nearest cent.) Cost of Goods Sold $ Ending Inventory $ Average cost (In your computations, round new per unit costs to the nearest cent. Round your intermediate computations and final answers to the nearest dollar.) Cost of Goods Sold $ Ending Inventory $ 2. Why are the cost of goods sold and ending inventory amounts different for each of the three methods? 3. produces the most realistic amount for net income because it produces the most realistic amount for ending inventory because it 4. If Park uses IFRS, which of the previous alternatives would be acceptable and why? The input in the box below will not be graded, but may be reviewed and considered by your instructor.

In: Accounting

Newcastle Coal Co. (NCC) recently offered a bond issue in which the bonds can be surrendered...

Newcastle Coal Co. (NCC) recently offered a bond issue in which the bonds can be surrendered prior to maturity in exchange for cash if the company undertakes certain specified actions or if specified events occur. This is an example of what type of bond?

Jackson County wants to renovate a local municipal park. The county commissioners think that the renovations will help attract more people to its facilities (including an aquatic center and tennis courts). There are fees attached to using these facilities, and the commission is confident that the additional revenue will more than justify these improvements. The county wants to issue bonds to pay for the renovations, and the bondholders will be paid from the cash flow generated by the park. This is an example of what type of bond?

Last year, Newcastle Coal Co. (NCC) sold an issue of bonds that are secured by the firm’s real property and real estate. Under the terms of the issue’s indenture, however, in the event of default, bondholders will not receive any proceeds of the sale of the underlying collateral until the company’s first (or senior) bondholders are paid. What type of bonds did Newcastle Coal Co. (NCC) issue last year?

Daniel and Ashley are retired and rely on their investments to generate income to live on. Naturally, they are very worried about losing purchasing power due to inflation and would really like an investment that protects their purchasing power. Which debt security would help them accomplish this goal?

In: Finance

PRACTICAL QUESTION    Tiger Construction Ltd signs a contract on 1 May 2018 to build a...

PRACTICAL QUESTION   

Tiger Construction Ltd signs a contract on 1 May 2018 to build a theme park. The construction is scheduled to commence on 1 July 2018 and the estimated date of completion is 30 June 2021. The total contract price is $5m and the cost of the park is initially estimated at $4.5m. The following data relates to the construction period:

For the year ended 30 June

2019

2020

2021

$

$

$

Costs to date

1,700,000

3,000,000

4,800,000

Estimated costs to complete

2,800,000

1,700,000

-

Progress billings to date

1,400,000

2,600,000

5,000,000

Cash received to date

1,200,000

2,200,000

5,000,000

Assume that cost (an input measure) is used as the basis for assessing progress on the construction contract.

Required

Determine the percentage of completion for 2019, 2020 and 2021.              

2019

2020

2021

$

$

$

Costs to date (A)

Estimated costs to complete (B)

Estimated total cost (A+B=C)

Percent of completion (POC=A/C)

Calculate revenue and gross profit for 2019, 2020 and 2021.                          

2019

2020

2021

$

$

$

Contract Price

Contact Price x POC

Less Revenue recognised in previous years

= Revenue recognised for the year

Less Costs for the year

= Gross profit for the year

Using the percentage of completion method, provide the journal entries for 2019, 2020 and 2021.                                                                                                              

2019

$m

2020

$m

2021

$m

(i)

To record costs incurred:

(ii)

To record billings to customers:

(iii)

To record cash collections:

(iv)

To record periodic income recognised:

In: Accounting

PRACTICAL QUESTION                                       &nb

PRACTICAL QUESTION                                                                                         

Tiger Construction Ltd signs a contract on 1 May 2018 to build a theme park. The construction is scheduled to commence on 1 July 2018 and the estimated date of completion is 30 June 2021. The total contract price is $5m and the cost of the park is initially estimated at $4.5m. The following data relates to the construction period:

For the year ended 30 June

2019

2020

2021

$

$

$

Costs to date

1,700,000

3,000,000

4,800,000

Estimated costs to complete

2,800,000

1,700,000

-

Progress billings to date

1,400,000

2,600,000

5,000,000

Cash received to date

1,200,000

2,200,000

5,000,000

Assume that cost (an input measure) is used as the basis for assessing progress on the construction contract.

Required

Determine the percentage of completion for 2019, 2020 and 2021.               

2019

2020

2021

$

$

$

Costs to date (A)

Estimated costs to complete (B)

Estimated total cost (A+B=C)

Percent of completion (POC=A/C)

Calculate revenue and gross profit for 2019, 2020 and 2021.                           

2019

2020

2021

$

$

$

Contract Price

Contact Price x POC

LessRevenue recognised in previous years

= Revenue recognised for the year

Less Costs for the year

= Gross profit for the year

Using the percentage of completion method, provide the journal entries for 2019, 2020 and 2021.                                                                                                              

2019

$m

2020

$m

2021

$m

(i)

To record costs incurred:

(ii)

To record billings to customers:

(iii)

To record cash collections:

(iv)

To record periodic income recognised:

In: Accounting