Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017. 2016 Apr. 20 Purchased $38,000 of merchandise on credit from Locust, terms n/30. Tyrell uses the perpetual inventory system. May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 8% annual interest along with paying $3,000 in cash. July 8 Borrowed $63,000 cash from NBR Bank by signing a 120-day, 11% interest-bearing note with a face value of $63,000. __?__ Paid the amount due on the note to Locust at the maturity date. __?__ Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $33,000 cash from Fargo Bank by signing a 60-day, 7% interest-bearing note with a face value of $33,000. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2017 __?__ Paid the amount due on the note to Fargo Bank at the maturity date.

OJB Company began business in January, 2016. The following transactions occurred in February, 2016:

Feb 1      Purchased supplies on account, $ 400.

          2      Received cash from customers on account, $ 1,750.

3      Paid $ 400 on account.

5      Paid technician $ 750 in salary, including the amount owed at the end of January.

8      Billed customers for services provided on account, $ 3,200.

11     Paid cash for advertising on a local website, $ 300.

12     Received $ 3,875 cash for fees earned for jobs completed.

16     Paid electricity bill for the month, $ 290.

17     Received $ 8,200 cash for fees earned for jobs completed.

19     Paid technician $ 750 in salary.

20     Billed customers for services provided on account, $ 6,100.

22     Received cash from customers on account, $ 9,500.

25     Paid phone bill for the month, $ 120.

26     Received cash from customers as an advance payment for                                       technical support services to be provided in the future, $ 2,500.

27     Billed customers for services provided on account, $ 3,900.

28     Received cash from customers on account, $ 5,100.

28     OJB withdrew $8,000 for personal use.

INSTRUCTIONS:

The chart of accounts and the post-closing trial balance as of January 31, 2016 are given. For each account in the post-closing trial balance, enter the balance in the appropriate Balance column of the ledger. Date the balances February 1, 2016, and place a check mark ( ü ) in the Posting Reference column. Journalize each of the March transactions in the journal provided using OJB Company’s chart of accounts. (Do not insert the account numbers in the journal at this time).

Post the journal to the ledger.

Prepare an unadjusted trial balance.

At the end of March, the following adjustment data were assembled. Use this data to complete instructions ( 5 ) and ( 6 ):

Supplies on hand were $ 600.

Rent expired during the month was $ 1,600.

Unearned fees at the end of the month were $ 2,000.

Insurance expired during the month was $ 300.

Accrued salaries payable were $ 240.

Depreciation on equipment during the month was $ 330.

Optional: Enter the unadjusted trial balance on an end-of-period spreadsheet/worksheet and complete the worksheet.

Journalize and post the adjusting entries.

Prepare an adjusted trial balance.

Prepare an Income Statement, Statement of Owner’s Equity, and Balance Sheet.

Record and post the closing entries. Income Summary is account #33 in the chart of accounts. Indicate closed accounts in the ledger by inserting a line in both of the Balance columns opposite each closing entry.

10.Prepare a post-closing trial balance.

OJB COMPANY SERVICE CHART OF ACCOUNTS

OJB COMPANY

POST-CLOSING TRIAL BALANCE

JANUARY 31, 2016

                                                                                DEBIT     CREDIT

Accounts Receivable3,400

Prepaid Rent3,200

Prepaid Insurance1,500

Office Equipment14,500

Accumulated Depreciation330

Accounts Payable800

Salaries Payable120

Unearned Fees2,500

OJB, Capital                    42,300

                                                                                46,050    46,050

Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017. 2016 Apr. 20 Purchased $37,000 of merchandise on credit from Locust, terms n/30. Tyrell uses the perpetual inventory system. May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 9% annual interest along with paying $2,000 in cash. July 8 Borrowed $51,000 cash from NBR Bank by signing a 120-day, 11% interest-bearing note with a face value of $51,000. __?__ Paid the amount due on the note to Locust at the maturity date. __?__ Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $33,000 cash from Fargo Bank by signing a 60-day, 7% interest-bearing note with a face value of $33,000. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2017 __?__ Paid the amount due on the note to Fargo Bank at the maturity date. Prepare journal entries for all the preceding transactions and events for 2017. (Do not round your intermediate calculations.)

1. Paid the amount due on the note to Fargo Bank at the maturity date.

Tyrell Co. entered into the following transactions involving short-term liabilities in 2016 and 2017. 2016 Apr. 20 Purchased $37,000 of merchandise on credit from Locust, terms n/30. Tyrell uses the perpetual inventory system. May 19 Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 9% annual interest along with paying $2,000 in cash. July 8 Borrowed $51,000 cash from NBR Bank by signing a 120-day, 11% interest-bearing note with a face value of $51,000. __?__ Paid the amount due on the note to Locust at the maturity date. __?__ Paid the amount due on the note to NBR Bank at the maturity date. Nov. 28 Borrowed $33,000 cash from Fargo Bank by signing a 60-day, 7% interest-bearing note with a face value of $33,000. Dec. 31 Recorded an adjusting entry for accrued interest on the note to Fargo Bank. 2017 __?__ Paid the amount due on the note to Fargo Bank at the maturity date. Prepare journal entries for all the preceding transactions and events for 2016. (Do not round your intermediate calculations.)

1. Purchased $37,000 of merchandise on credit from Locust, terms n/30. Tyrell uses the perpetual inventory system.

2. Replaced the April 20 account payable to Locust with a 90-day, $35,000 note bearing 9% annual interest along with paying $2,000 in cash.

3. Borrowed $51,000 cash from NBR Bank by signing a 120-day, 11% interest-bearing note with a face value of $51,000.

4. Paid the amount due on the note to Locust at the maturity date.

5. Paid the amount due on the note to NBR Bank at the maturity date.

6. Borrowed $33,000 cash from Fargo Bank by signing a 60-day, 7% interest-bearing note with a face value of $33,000.

7. Recorded an adjusting entry for accrued interest on the note to Fargo Bank.

Stevens Textile Corporation's 2016 financial statements are shown below:

Balance Sheet as of December 31, 2016 (Thousands of Dollars)

Income Statement for January 1 - December 31, 2016 (Thousands of Dollars)

1. Suppose 2017 sales are projected to increase by 25% over 2016 sales. Use the forecasted financial statement method to forecast a balance sheet and income statement for December 31, 2017. The interest rate on all debt is 6%, and cash earns no interest income. Assume that all additional debt in the form of a line of credit is added at the end of the year, which means that you should base the forecasted interest expense on the balance of debt at the beginning of the year. Use the forecasted income statement to determine the addition to retained earnings. Assume that the company was operating at full capacity in 2016, that it cannot sell off any of its fixed assets, and that any required financing will be borrowed as a line of credit. Also, assume that assets, spontaneous liabilities, and operating costs are expected to increase by the same percentage as sales. Determine the additional funds needed. Round your answers to the nearest dollar. Do not round intermediate calculations.

   Total assets	$
   AFN	$

2. What is the resulting total forecasted amount of the line of credit? Round your answer to the nearest dollar. Do not round intermediate calculations.
   Line of credit

1- Write a c++ program that asks the user to enter his/her name using one variable only. The name must
be then printed out in capital letter with the family name first and the last name second.

In Python And Use List comprehension to solve this question

Given a file like this:

Blake 4

Bolt 1

De Grasse 3

Gatlin 2

Simbine 5

Youssef Meite 6

Your program when completed should produce output like this:

>>>

In the 2016 100 yard dash the top finishers were:

Blake

Bolt

De Grasse

Gatlin

Simbine

Youssef Meite

The people with a two part name are: ['De Grasse', 'Youssef Meite']

The top three finishers were: ['Bolt', 'De Grasse', 'Gatlin']

Your mission will be to do the following:

1. Develop algorithms to solve all remaining steps in this problem.

2. Use a list comprehension to load the data from a file named “runners.txt”.

3. Use the information read in from the file to print out the names of the top 6 finishers formatted as shown in the example above.

4. Use a list comprehension to create a list of the names that have two parts to them.

5. Use a list comprehension to create a list of the people who finished in the top the positions.

Python Programming

1. Write a function name split_name which takes one parameter called name. If the name parameter value is a name in the form LastName, FirstName(e.g., ”Grounds, Nic”) then the function should return a list of two elements where FirstName is the first element and LastName is the second element. If the name parameter value is a name in the form FirstName LastName(e.g., ”Nic Grounds”) then the function should return a list of two elements where FirstName is the first element and LastName is the second element.

2. Repeatedly prompt the user for a name (which the user may give in Last-name, FirstName form or FirstName LastName form). If the user’s response is an empty string (i.e., they simply press Return) cease looping. If the user’s response is not the empty string, call the split_name function you wrote and append the returned value to a list (initially empty).

3. Using the sorted function (which can take a single parameter, a list) and returns a copy of the list in sorted order) sort the list of names once the loop has finished. Print the sorted list of names, one name per line in LastName, FirstName form.

4. Observe the sorted list of names, are they sorted alphabetically by first name or last name? Leave your answer in a comment within the Python file you submit. Also, how do you think we could potentially modify the program to sort by last name instead of first (or first name instead of last, whichever is opposite of what you observed)? Leave your answer in a comment within the Python file you submit.

5. At the top of your file must be a comment that contains a brief explanation of how you determined which portion of each name was the first name vs. the last name.