Transaction: 1)     October 1, 2016: Opened a bank account for Craft Fair rentals with $100.

2)     October 1, 2016: Took out a loan $14,000 from Best Bank and deposited it into the account to pay for expenses. Record as Best Bank Loan payable.

3)     October 1, 2016: Bought 20 folding tables from Staples for $1,500 on account. Expect the tables to last 3 years with no disposal value

4)     October 1, 2016: Bought 40 chairs from Staples for $1,200 on account. Expect the chairs to last 2 years with no disposal value

5)     October 2, 2016: bought 40 table cloths for $800 from Sears on account. Expect to last only 1 season, so expense.

6)     October 2, 2016: bought cleaning supplies for $97.00 from Super Store. Paid cash. Will use up within the year.

7)     October 5, 2016: Purchased a cash register for $2,500 from ABC Business Machines. It is expected to last 5 years.

8)     October 1, 2016: paid $6,000 for 3 months’ rental, (October 1 to December 31, 2017) to OK Hall rentals.

9)     October 31, 2016: Best Bank charge, interest on loan $33.33, other bank charges $7.50

10) October 31, 2016: Received $4,800 for the month for table rentals. All paid in cash.

11) October 31, 2016: Paid the Staples account $2,200.

12) October 31, 2016: Mr. Bro drew $3,000 out for his living expenses.

13) November 5, 2016: Paid Sears account $800.00 cash for table cloths. (see #5)

14) November 15, 2016: Paid “The Fix-it Man” $79.00 cash for repairs on the tables.

15) November 30, 2016: Sales invoice 1002 for table rentals of $9,000. $5,000 was paid in cash, balance on account.

16) November 30, 2016: Interest on loan, $33.33 and bank charges $7.50

17) November 30, 2016: Mr. Bro drew $3,000 out for his living expenses.

18) December 14, 2016: Received $4,000 cash for the balance of invoice #1002

19) December 15, 2016: Sales invoice 1003 for table rentals of $7,000. $5,000 in cash, balance on account.

20) December 29, 2016: Sales invoice 1004 for table rentals of $3,000, $1,000 in cash, balance on account.

21) December 30, 2016: Received $2,000 cash for payment of invoice 1003. (see # 20)

22) December 30, 2016: The Fix-it Man charged $58.00 for repairs. Will be paid in January.

23) December 31, 2016: Best Bank interest on loan of $33.33 and bank charges of $7.50.

24) December 31, 2016: Mr. Bro drew $3,000 out for his living expenses.

25) December 31, 2016: Paid $7,000 on the loan owing to Best Bank.

December 31, 2016: Computed amortization expense and accumulated amortization of $500 for the tables, $600 for the chairs and $500 for the cash registrar.

Q1:Prepare the journal entries to record the transactions.

a)Post the journal entries to a T-account

b) Prepare the trial balance

c) Prepare the income statement of the owner's equity for three months (Oct-December)

d) Prepare the balance sheet as of Dec. 31

e) Was the fall work successful? Should it continue in the fall 2017? Give reasons

For a mixture of 20% H2, 30% H2Ov, and 50% CO2
by volume, determine the mixture molecular weight and
enthalpy at 350 K.

What is the meaning of Property, Plant and Equipment according to IAS 16. Post your response in approx. 250- 350 words

Discuss in a minimum 350 words differences between traditional and new media options in terms of audience, reach, channel and content.

97.8 grams of sodium fluoride is put into 350. ml of water.

Calculate the

1. Molarity

2. Molality

3. Mass Percent

4. Mole Fraction

Time magazine reported the result of a telephone poll of 800 adult Americans. The question posed of the Americans who were surveyed was: "Should the federal tax on cigarettes be raised to pay for health care reform?" The results of the survey were: Smokers: n = 605, 351 said yes. non smokers: n=195, 41 said yes Is there sufficient evidence at the α = 0.05 level, say, to conclude that the two populations — smokers and non-smokers — differ significantly with respect to their opinions?

2. A leading consumer magazine, The False Traders, claims that the small coffee sold at PHILZ coffee shop does not contain 12 ounces of coffee. A sample of 25 customers who purchased a small coffee yielded the following information:

- a sample mean of 12.10 ounces and a sample standard deviation of 0.25 ounces.

(5)        a. Set up a 95% confidence interval for the true population mean.

(10)      b. At the 10% level, test the alternate hypothesis that the true mean is not equal to 12 ounces.

The marketing manager at the Magazine Company suggests a new customer acquisition strategy with customer acquisition cost of $15. The strategy basically is to offer $15 discount to the new customers. This discount is only for the first year, and the fee is going to jump to the regular fee for the following years. Assume that this strategy does not have any effect on retention rate and contribution margin for each customer. Is this strategy worth pursuing? In other words, does this strategy generate more value for the company?

yes or no? briefly explain.