Questions
You want to design a magnetic device to keep cupboard doors closed. What are the design...

You want to design a magnetic device to keep cupboard doors closed. What are the design consideration? Suggest suitable materials that may be used.

In: Mechanical Engineering

***THis question relates to water resources engineering*** What are some importances of closed loops in water...

***THis question relates to water resources engineering***

What are some importances of closed loops in water distributions systems for purposes of maintaining system pressures?

In: Civil Engineering

Closure under Context-Free Languages Show that the following operations are closed under context-free languages: union concatentation...

Closure under Context-Free Languages

Show that the following operations are closed under context-free languages:

  • union

  • concatentation

  • Kleene star

In: Computer Science

Describe the functions of open and closed end funds and explain the key difference between them....

Describe the functions of open and closed end funds and explain the key difference
between them. Which of the two represents the more attractive investment?

In: Finance

Hello, i Have an OPAMP of 66dB ,how using negative feedback we can reduce the closed...

Hello, i Have an OPAMP of 66dB ,how using negative feedback we can reduce the closed loop gain to 16dB

Thanks

In: Electrical Engineering

Real Analysis: Prove a subset of the Reals is compact if and only if it is...

Real Analysis: Prove a subset of the Reals is compact if and only if it is closed and bounded. In other words, the set of reals satisfies the Heine-Borel property.

In: Advanced Math

Chapter 7 Accounting for Bad Debts Problem 7-1 - Accounting for Bad Debts The Solo Company...

Chapter 7 Accounting for Bad Debts

Problem 7-1 - Accounting for Bad Debts

The Solo Company was started on January 1, 2010. The following events occurred
during 2010 and 2011.

2010

1.   Provided $4,000 of services on account.

2.   Collected $3,000 cash from accounts receivable.

3.   Estimated uncollectible accounts expense to be 1.5% of 2010 credit sales.

2011

1.   Wrote off $40 of accounts receivable that were deemed uncollectible.

2.   Provided $6,500 of services on account.

3.   Collected $5,400 cash from accounts receivable.

4. Received $5 from a bad debt that had been previously written off. Reinstated the account.

5.   Recorded the $5 cash received from the receivable reinstated in Event No. 4.

6.   Estimated uncollectible accounts expense to be 1% of 2011 credit sales.

Required

a.   Record the events in T-accounts, including closing the revenue and expense accounts to retained earnings.

b.   Record the events using the horizontal financial statements model under the titles of the affected accounts. Record a zero under each heading not affected by a given event. Compare the final balances in the T-accounts from Part a with the ending balances in the horizontal financial statements model.

Problem 7-1 Workpaper, part a. T-accounts, 2010

Ledger T-Accounts

Cash

Liabilities

Retained Earnings

Bal.     3,000

    3,940 Bal.

Accounts Receivable

Services Revenue

Bal.     1,000

960

Allow. for Doubt. Accts.

Bad Debts Expense

          60 Bal.

Problem 7-1 Workpaper, part b. Horizontal Financial Statements Model, 2010

Event

Assets

=

Liab.

+

Equity

Rev.

Exp.

=

Net Inc.

Cash Flow

No.

Cash

+

Accts. Rec.

+

(Allow.)

=

Ret. Earn.

Beg. bal.

0

+

0

+

0

=

0

+

0

0

0

=

0

         0

1.

0

+

+

=

+

=

2.

+

+

=

+

=

3.

+

+

=

+

=

Totals

3,000

+

1,000

+

(60)

=

0

+

3,940

4,000

60

=

3,940

3,000 NC

Problem 7-1 Workpaper, part a. T-accounts, 2011

Ledger T-Accounts

Cash

Liabilities

Retained Earnings

Bal.     3,000

0

    3,940 Bal.

0

0

10,375

Bal.     8,405

0

Accounts Receivable

Services Revenue

Bal.     1,000

0

Bal.     2,060

0

Allow. for Doubt. Accts.

Bad Debts Expense

          60 Bal.

0

0

          90 Bal.

Problem 7-1 Workpaper, part b. Statements Model, 2011

Event

Assets

=

Liab.

+

Equity

Rev.

Exp.

=

Net Inc.

Cash Flow

No.

Cash

+

Accts. Rec.

+

(Allow.)

=

Ret. Earn.

Beg. bal.

3,000

+

1,000

+

(60)

=

0

+

3,940

0

0

=

0

         0

1.

+

+

=

+

=

2.

+

+

=

+

=

3.

+

+

=

+

=

4.

+

+

=

+

=

5.

+

+

=

+

=

6.

+

+

=

+

=

Totals

8,405

+

2,060

+

(90)

=

0

+

10,375

6,500

65

=

6,435

5,405 NC

In: Accounting

Using the following information, prepare the Statement of Cash Flows for Corbett Enterprises for the year...

Using the following information, prepare the Statement of Cash Flows for Corbett Enterprises for the year ended December 31, 2017 in the Answer sheet in this Excel spreadsheet. Place parentheses around those figures in the statement representing cash outlays. Then answer the 4 multiple choice questions in the Answer sheet in this Excel spreadsheet. Notice that the ? is beside Cash received from customers. You will need to prepare the Statement of Cash Flows with the other amounts and solve for Cash received from customers.

Cash paid to acquire marketable securities

$370,000

Proceeds from sale of marketable securities

17,500

Proceeds from issuance of capital stock

280,000

Proceeds from issuance of bonds payable

55,000

Payments to settle short-term debt

32,500

Interest and dividends received

10,000

Cash received from customers

?    

Dividends paid

130,000

Cash paid to suppliers and employees

1,030,000

Interest paid

25,000

Income taxes paid

70,000

Cash and cash equivalents, January 1, 2010

43,000

Cash and cash equivalents, December 31, 2010

58,000

Cash flows from operating activities:

      Cash provided by operating activities

$0

   Cash paid to suppliers and employees

     Cash disbursed for operating activities

                    -  

   Net cash flows ________ by operating activities:

$0

Cash flows from investing activities:

     Net cash _______ by investing activities

0

Cash flows from financing activities:

     Net cash ________ by financing activities

0

Net increase (decrease) in cash

$0

Cash and cash equivalents, beginning of year

Cash and cash equivalents, end of year

$0

Using the above information, indicate the best answer for each question in the space provided to the left of the question.

1

Corbett Enterprises' cash flow from investing activities during 2010 is:

a. $390,000 net cash used by investing activities.

b. $322,500 net cash provided by investing activities.

c. $352,500 net cash used by investing activities.

d. $360,000 net cash used by investing activities.

2

Corbett Enterprises' cash flow from financing activities during 2010 is:

a. $322,500 net cash provided by financing activities.

b. $172,500 net cash provided by financing activities.

c. $127,500 net cash provided by financing activities.

d. $375,000 net cash provided by financing activities.

3

Corbett Enterprises' cash flow from operating activities during 2010 is:

a. $45,000 net cash provided by operating activities.

b. $1,155,000 net cash used by operating activities.

c. $240,000 net cash provided by operating activities.

d. $195,000 net cash provided by operating activities.

4

In the 2010 statement of cash flows for Corbett Enterprises, the amount of cash received from customers is:

a. $1,310,000

b. $1,103,000

c. $1,233,000

d. $1,293,000

In: Finance

A capacitor made of conductive plates (made of metal) is aligned as shown. The plates have...

A capacitor made of conductive plates (made of metal) is aligned as shown. The plates have a surface area of 2 x 10-1 m2 and are 0.01 m apart from each other. The capacitor is first connected to the voltage source until it is fully charged and produces a potential difference of V0 = 3 kV and then released from the voltage source earlier. If between the two capacitor plates the plastic dielectric material is inserted and fully filling the space between the two plates, the potential difference drops to 1 kV, while the charge on each plate remains. Then specify:

a) Capacitance at initial conditions C0
b) Large Q charge on each plate
c) Capacitance C after the dielectric material is inserted into the capacitor
d) Dielectric constant K on dielectric material
e) Permitivity ɛ of the dielectric material
f) Initial electric field E0
g) Electric field E after the dielectric material is inserted
h) Energy stored in the capacitors before and after the dielectric material is inserted
e) The density of energy stored in the capacitor before and after the dielectric material is inserted

In: Physics

Task 3      Write a program that pushes the first 10 natural numbers to the stack,...

Task 3

     Write a program that pushes the first 10 natural numbers to the stack, then pops those numbers. Use the debugger to view how the stack changes after each instruction. Once all the data has been pushed to the stack, take a screenshot of the stack in memory.

Task 4

    Write a subroutine called “Area” that calculates the area of a rectangle. Use accumulator A and B to pass the length and the width to the function. Use accumulator D to return the result.

HINT:

  • load the width and height into accumulators A and B.
  • Call the subroutine.
  • Provide a flowchart, a snapshot of CPU registers before and after executing the subroutine.

    Now re-write the program from Task 3, but this time use the stack to pass the function arguments and the return value.

HINT:

  • load the width into accumulator A, then push A to the stack
  • load the height into accumulator B, then push B to the stack
  • Allocate one word on the stack for the return value.
  • Call the subroutine.
  • After you return from the function, deallocate all variables from the stack.
  • Provide a drawing of the stack frame and a snapshot of of the stack before, during and after executing the subroutine.

Write in Assembly for HCS12

In: Computer Science