Need this Part 3 Answered. Part 1 is attached as well.

5–C. Part 3. New Debt Service Fund Transactions

On the advice of the city attorney, a City Jail Debt Service Fund is opened to account for debt service transactions related to the bond issue sold on January 1, 2017 (see Part 1).

Required:

a. Open a general journal for the City Jail Debt Service Fund. Record the following transactions, as necessary. Control accounts are not necessary

(1) The premium described in transaction 1 of Part 1 was received as a transfer from the capital projects fund.

(2) Cash in the amount of $160,000 was received from the General Fund on June 30 and was transferred to the fiscal agent.

(3) The fiscal agent reported that checks dated July 1 had been mailed to bondholders for interest due that day.

(4) The transfer described in part c of Part 1 was received.

(5) Cash in the amount of $360,000 was received from the General Fund on December 31 and transferred to the fiscal agent to be used for interest and principal payments due on January 1 (next fiscal year). The government elected to not accrue the interest at year-end.

(6) $ 200,000 of the remaining cash on hand was invested.

b. Post the entries to the City Jail Debt Service Fund ledger (t-accounts).

c. Prepare and post an entry closing all nominal accounts to Fund Balance. Assume any remaining net resources are classified as Fund Balance – Assigned for Debt Service.

Part 1 Entries:

5–C. Part 1. Capital Projects Fund Transactions

The voters of the City of Monroe approved the issuance of tax-supported bonds in the face amount of $4,000,000 for the construction and equipping of a new City Jail. Architects were to be retained, and construction was to be completed by outside contractors. In addition to the bond proceeds, a $1,340,000 grant was expected from the state government.

Required:

a. Open a general journal for the City Jail Annex Construction Fund. Record the following transactions and post to the general ledger. Control accounts are not necessary.

(1) On January 1, 2017, the total face amount of bonds bearing an interest rate of 8 percent was sold at a $200,000 premium. Principal amounts of $200,000 each will come due annually over a 20-year period commencing January 1, 2018. Interest payment dates are July 1 and January 1. The first interest payment will be July 1, 2017. The premium was transferred to the City Jail Debt Service Fund for the future payment of principal on the bonds.

(2) The receivable from the state government was recorded.

(3) Legal and engineering fees early in the project were paid in the amount of $121,000. This amount had not been encumbered.

(4) Architects were engaged at a fee of $250,000.

(5) Preliminary plans were approved, and the architects were paid $50,000 (20 percent of the fee).

(6) The complete plans and specifications were received from the architects and approved. A liability in the amount of $150,000 to the architects was approved and paid.

(7) Bids were received and opened in public session. After considerable discussion in City Council, the low bid from Hardhat Construction Company in the amount of $4,500,000 was accepted, and a contract was signed.

(8) The contractor required partial payment of $1,350,000. Payment was approved and vouchered with the exception of a 5 percent retainage.

(9) Cash in the full amount of the grant was received from the state government.

(10) Furniture and equipment for the annex were ordered at a total cost of $459,500.

(11) Payment was made to the contractor for the amount payable (see 8 above).

(12) The contractor completed construction and requested payment of the balance due on the contract. After inspection of the work, the amount, including the past retainage, was approved for payment and then paid.

(13)The furniture and equipment were received at a total actual installed cost of $459,300. Invoices were approved for payment.

(14) The remainder of the architects’ fees was approved for payment.

(15) The City Jail Construction Fund paid all outstanding accounts payables ($ 509,300) on December 31, 2017.

(16) The remaining cash was transferred to the City Jail Debt Service Fund.

Please Select a Product and Make it on that product

Project Description: Student groups will select an industrial project to be developed throughout the semester. Students groups will select an appropriate project and define measurable project objectives and requirements. A project plan and schedule will be generated as well as resources allocated to accomplish project objectives. Prepare a group project for the class. Use as your model one of the following

1. Construction project

2. Software development project

3. Events management project ( e.g. Awards banquet)

4. New product development

Project Components: Using the following outline, student groups will develop project content as specified by the instructor.

- Scope

- Initiation

- Planning

- Definition

- Planning and scheduling (executing process)

- Work Breakdown Structure

- Activity definition

- Activity sequencing

- Activity duration estimation

- Network Diagrams

- Project cost management

- Resource planning/allocation

- Cost estimating

- Cost budgeting

- Risk Management

- FMEA

- Project control (monitoring)

- Monitoring and measuring progress

- Project closing

1. True or False: In cluster sampling, subjects are pulled from the population in groups.

2. True or False: Sampling Error is only considered to be committed or caused by the researcher.

5. Which variable is described as the outcome variable?

A. Independent variable

B. Constant Variable

C. Dependent variable

D. Extraneous

6. Which of the following variables are continuous? Select all that apply

A. The number of people in the movie theater

B. weight of a package of hamburger meat

C. number of chairs sold in a month

D. the weight of a child

E. The height of a building

7. Which of the following are quantitative data? Select all that apply.

A. Age of your car

B. Color of your hair

C. Name of your pet

D. Length of your commute to campus

E. Height of your car

F. Height of 20 4 year olds

Stephen Hall is a 25 year-old with an entrepreneurial dream and an eclectic background. His dream is to start a travel agency that specializes in sports-related trips. These would include travel packages to attend professional sports events throughout the world and multi-country tours that are built around specific sporting competitions. Stephen knows there are travel agencies that already do this, but he feels it is a growing market and his knowledge of sports and his ability to work well with customers should help him be successful. He estimates he needs $150,000 bankable business plans for entrepreneurial ventures 236 to start this business, most of which will go into marketing expenses. His father has agreed to give him $50,000 and now he is writing a plan to show to potential investors. Stephen’s background includes interest and experience in many sports. He was an excellent wrestler in high school and college where he majored in computer science and graduated with a 2.8 grade-point average. After graduating, he worked at a storefront travel agency that had no particular specialty. He currently is a customer-service rep for a regional airline at the major airport near his home. While in high school and college, Stephen held many part-time jobs including running the deep-fat fryer in a fast food restaurant, working for a moving company, and being a security guard at a movie theater. Without overstating his qualifications, Stephen wants to point out his knowledge, relevant work experience, and personal skills that will make potential investors confident in supporting his venture. But he feels somewhat defensive talking about his background. His school career was not stellar and his jobs have been largely minimum wage and clerical. Stephen is considering not including a resume in his plan and avoiding discussion of his own background in the text of his business plan. He is also wonders if there is some way to define his business strategy that would better match his qualifications or if he can describe his experience and skills in the best light without exaggerating. 1. Playing the role of a potential investor, what do you consider Stephen’s strengths and weaknesses? 2. What kind of resume should Stephen prepare? 3. Write a one paragraph description of Stephen that stresses how his qualifications and abilities could make this venture successful.

Please show all work

Home Builder​ Supply, a retailer in the home improvement​ industry, currently operates seven retail outlets in Georgia and South Carolina. Management is contemplating building an eighth retail store across town from its most successful retail outlet. The company already owns the land for this​ store, which currently has an abandoned warehouse located on it. Last​ month, the marketing department spent

$ 15 comma 000$15,000

on market research to determine the extent of customer demand for the new store. Now Home Builder Supply must decide whether to build and open the new store.

Which of the following should be included as part of the incremental earnings for the proposed new retail​ store?

a. The original purchase price of the land where the store will be located.

b. The cost of demolishing the abandoned warehouse and clearing the lot.

c. The loss of sales in the existing retail​ outlet, if customers who previously drove across town to shop at the existing outlet become customers of the new store instead.

d. The

$ 15 comma 000$15,000

in market research spent to evaluate customer demand.

e. Construction costs for the new store.

f. The value of the land if sold.

g. Interest expense on the debt borrowed to pay the construction costs.

Sage Landscaping began construction of a new plant on December 1, 2020. On this date, the company purchased a parcel of land for $138,000 in cash. In addition, it paid $2,160 in surveying costs and $4,560 for a title insurance policy. An old dwelling on the premises was demolished at a cost of $3,360, with $960 being received from the sale of materials.

Architectural plans were also formalized on December 1, 2020, when the architect was paid $32,400. The necessary building permits costing $3,360 were obtained from the city and paid for on December 1 as well. The excavation work began during the first week in December with payments made to the contractor in 2021 as follows.

The building was completed on July 1, 2021.

To finance construction of this plant, Sage borrowed $609,600 from the bank on December 1, 2020. Sage had no other borrowings. The $609,600 was a 10-year loan bearing interest at 10%.

Compute the balance in each of the following accounts at December 31, 2020, and December 31, 2021. (Round answers to 0 decimal places, e.g. 5,275.)

Gönye&Cetvel Architects is a leading Turkish firm with operations in architectural design, construction, and real estate finance. This company competed with several other rivals in the Gigantic Tuzla Mall Project and won the project competition by presenting the most popular mall design. Thanks to this victory, Gönye&Cetvel Architects now has the right to build the Gigantic Tuzla Mall. For the sake of simplicity, we assume that this mall will be built over the next year. The construction of the mall will cost 190 million USD. Due to economic slowdown and low number of shoppers residing in Tuzla, such a mall is worth roughly 180 million USD today. If the economy recovers, the number of shoppers in Tuzla will increase and the mall would be worth 320 million USD a year from today. If economic slowdown gets worse, the mall would be worth 150 million USD a year from today. Gönye&Cetvel Architects can borrow and lend money at the risk free annual effective rate of 5%. Today, a local competitor named Dayioglu Insaat has offered Gönye&Cetvel Architects 20 million USD for the right to build the Gigantic Tuzla Mall. Should Gönye&Cetvel Architects accept this offer and sell the right to build the mall? Use a two-state model to value this real option.

Crane Landscaping began construction of a new plant on December 1, 2020. On this date, the company purchased a parcel of land for $145,200 in cash. In addition, it paid $2,400 in surveying costs and $3,840 for a title insurance policy. An old dwelling on the premises was demolished at a cost of $3,360, with $720 being received from the sale of materials.

Architectural plans were also formalized on December 1, 2020, when the architect was paid $31,200. The necessary building permits costing $3,360 were obtained from the city and paid for on December 1 as well. The excavation work began during the first week in December with payments made to the contractor in 2021 as follows.

The building was completed on July 1, 2021.

To finance construction of this plant, Crane borrowed $612,000 from the bank on December 1, 2020. Crane had no other borrowings. The $612,000 was a 10-year loan bearing interest at 8%.

Compute the balance in each of the following accounts at December 31, 2020, and December 31, 2021. (Round answers to 0 decimal places, e.g. 5,275.)

Gönye&Cetvel Architects is a leading Turkish firm with operations in architectural design, construction, and real estate finance. This company competed with several other rivals in the Gigantic Tuzla Mall Project and won the project competition by presenting the most popular mall design. Thanks to this victory, Gönye&Cetvel Architects now has the right to build the Gigantic Tuzla Mall. For the sake of simplicity, we assume that this mall will be built over the next year. The construction of the mall will cost 190 million USD. Due to economic slowdown and low number of shoppers residing in Tuzla, such a mall is worth roughly 180 million USD today. If the economy recovers, the number of shoppers in Tuzla will increase and the mall would be worth 320 million USD a year from today. If economic slowdown gets worse, the mall would be worth 150 million USD a year from today. Gönye&Cetvel Architects can borrow and lend money at the risk free annual effective rate of 5%. Today, a local competitor named Dayioglu Insaat has offered Gönye&Cetvel Architects 20 million USD for the right to build the Gigantic Tuzla Mall. Should Gönye&Cetvel Architects accept this offer and sell the right to build the mall? Use a two-state model to value this real option.