Questions
Listed below are the transactions of Rock Medical Company (a service company organized as a corporation),...

Listed below are the transactions of Rock Medical Company (a service company organized as a corporation), for the month of March. Record the following transactions for Rock Medical Company.

Mar    1       Jim Rock invests $50,000 cash in exchange for common stock in

                  Rock Medical Company.

         1       Takes out a $5,000, 30-day short term note payable with an annual

                  interest rate of 6%.

         1       Purchases medical equipment on account from JK Enterprises

                  for $22,800.

         3       Pays rent for office space, $1,500 for the month.

         3       Employs a receptionist, Michelle Kwin.

         4      Purchases medical supplies for cash, $1,165.

         10      Receives cash of $850 from patients for services performed.

         15      Bills patients $11,560 for services performed.

         21      Pays JK Enterprises on account, $7,600.

         26      Receives $2,600 from patients on account.

         30      Bills patients $6,890 for services performed.

         31      Pays the following expenses in cash: Salaries and

                  wages $2,500; miscellaneous office expenses $910.

         31      Pays principal and interest on the note payable.

         31      Medical supplies used during the month, $695.

         31     Record depreciation expense on the equipment using the straight line

                  method; the equipment has a 5-year life and no salvage value.

         31     Record utility expense of $200 incurred for the month; bill not

                  paid at month end

Chart of Accounts:

Cash

Accounts Receivable

Supplies

Equipment

Accumulated Depreciation—Equipment

Accounts Payable

Notes Payable (short term)

Common Stock

Note Payable

Service Revenue

Rent Expense

Office Expense

Salaries and Wages Expense

Supplies Expense

Depreciation Expense

Interest Expense

Utility Expense

Income Summary

Instructions

(a) Prepare journal entries to record the above transactions for Rock Medical Company; journal entries can be hand written or typed in Word/Excel; put on a separate page(s).

(b) Enter the transactions shown above in appropriate general ledger accounts (use T-accounts); t-accounts can be hand written; put on a separate page from journal entries prepared in (a).

(c) Prepare a trial balance in EXCEL; use formulas to total the debits and credits; PRINT on one page.

(d) Prepare an income statement, a statement of retained earnings, and an unclassified balance sheet in EXCEL; use formulas as appropriate; PRINT each on a SEPARATE page

(e) Prepare closing entries and enter the transactions in the T-accounts (from part (b); journal entries can be handwritten or typed in Word/Excel; put on a separate page(s).

(f) Prepare a post-closing trial balance in EXCEL; use formulas to total the debits and credit; PRINT on one page

In: Accounting

Listed below are the transactions of Rock Medical Company (a service company organized as a corporation),...

Listed below are the transactions of Rock Medical Company (a service company organized as a corporation), for the month of March. Record the following transactions for Rock Medical Company.

Mar    1       Jim Rock invests $50,000 cash in exchange for common stock in

                  Rock Medical Company.

         1       Takes out a $5,000, 30-day short term note payable with an annual

                  interest rate of 6%.

         1       Purchases medical equipment on account from JK Enterprises

                  for $22,800.

         3       Pays rent for office space, $1,500 for the month.

         3       Employs a receptionist, Michelle Kwin.

         4      Purchases medical supplies for cash, $1,165.

         10      Receives cash of $850 from patients for services performed.

         15      Bills patients $11,560 for services performed.

         21      Pays JK Enterprises on account, $7,600.

         26      Receives $2,600 from patients on account.

         30      Bills patients $6,890 for services performed.

         31      Pays the following expenses in cash: Salaries and

                  wages $2,500; miscellaneous office expenses $910.

         31      Pays principal and interest on the note payable.

         31      Medical supplies used during the month, $695.

         31     Record depreciation expense on the equipment using the straight line

                  method; the equipment has a 5-year life and no salvage value.

         31     Record utility expense of $200 incurred for the month; bill not

                  paid at month end

Chart of Accounts:

Cash

Accounts Receivable

Supplies

Equipment

Accumulated Depreciation—Equipment

Accounts Payable

Notes Payable (short term)

Common Stock

Note Payable

Service Revenue

Rent Expense

Office Expense

Salaries and Wages Expense

Supplies Expense

Depreciation Expense

Interest Expense

Utility Expense

Income Summary

Instructions

(a) Prepare journal entries to record the above transactions for Rock Medical Company; journal entries can be hand written or typed in Word/Excel; put on a separate page(s).

(b) Enter the transactions shown above in appropriate general ledger accounts (use T-accounts); t-accounts can be hand written; put on a separate page from journal entries prepared in (a).

(c) Prepare a trial balance in EXCEL; use formulas to total the debits and credits; PRINT on one page.

(d) Prepare an income statement, a statement of retained earnings, and an unclassified balance sheet in EXCEL; use formulas as appropriate; PRINT each on a SEPARATE page

(e) Prepare closing entries and enter the transactions in the T-accounts (from part (b); journal entries can be handwritten or typed in Word/Excel; put on a separate page(s).

(f) Prepare a post-closing trial balance in EXCEL; use formulas to total the debits and credit; PRINT on one page

In: Accounting

Compact Ltd is a parcel delivery business. Detailed below is selected information for the financial year...

Compact Ltd is a parcel delivery business. Detailed below is selected information for the financial year ending 30 June 2019.

Item

$

Interest paid for the year

6,000

Dividends paid to Shareholders

30,000

Profit on sale of truck

25,000

Cash at bank at July 1, 2018

1,100,000

Depreciation for the year

160,000

Payment for Motor vehicle purchased on 28th April 2019

40,000

Loan repayments made

70,000

Tax expense / paid to the Tax Office

78,000

Salaries Paid

250,000

Cash received from the sale of a truck

90,000

Delivery Income – Cash Receipts for year ending 30 June 2019

700,000

Dividend received from investment

200,000

Cash paid for Shares in companies listed on the ASX (Australia Security Exchange)

40,000

Cash received from accounts receivable customers

300,000

Bad Debts expense

10,000

Other cash operating expenses

77,000

Credit purchases of fuel for the year ending 30 June 2018

480,000

Fuel Stock – petrol 1/7/2018

500,000

Fuel Stock – petrol 30/6/2019

150,000

Payments to suppliers for prior purchases on credit

200,000

Delivery Income - On Credit to account customers for the year ending 30 June 2019

150,000

Money borrowed from Net Bank

50,000

Purchase of property and land for cash

700,000

REQUIRED

(a) Prepare a fully classified Income Statement and Cash Flow Statement for the year ending 30 June 2019 based on the information above. Fully state any assumptions you have made in preparing these financial reports.

(b) Upon completing the Cash Flow and Income Statement Compact management are confused in that the Income Statement is indicating they made a net loss (negative profit) over the same period whilst reporting a positive cash inflow from operations. With reference to the question and your work in answering(a) above, explain to Compact management providing two possible reasons why this discrepancy could occur when comparing cash flow from operations (cash profit) with accrual accounting profit/ loss. For each cause identified highlight the impact on Assets= Liabilities +Owners Equity and profit versus cash flow to explain potential differences (80 word limit)

(c) Given the above differences discuss which statement (Income Statement or Cash Flow from Operations) better reflects the financial performance / wealth creation for the period ending 30 June 2019. (Justify your answer with reference to accrual accounting) (80 word limit)

In: Accounting

Please provide a step by step solution Instructions: PART A A friend has made several visits...

Please provide a step by step solution

Instructions:

PART A

  1. A friend has made several visits to the doctor in the past month because of a serious illness and has asked you to calculate what he will owe after the insurance company has paid its part of the bill. The insurance company usually takes about a month to process a claim and your friend is hoping you can help figure the amount right away so he can plan ahead.
  2. Create a worksheet to include the following information from the visits to the doctor.
    1. Input the Date of Visit using the date function.
    2. Format the Cost of Visit to Currency.

A

B

C

1

Date of Visit

Doctor

Cost of Visit

2

6/6/2019

Goodman

$113.00

3

6/8/2019

Goodman

$145.00

4

6/10/2019

Loman

$120.00

5

6/13/2019

Goodman

$110.00

6

6/15/2019

Loman

$140.00

7

6/17/2019

Loman

$175.00

8

6/21/2019

Loman

$135.00

9

6/22/2019

Walker

$215.00

10

6/24/2019

Walker

$235.00

11

6/27/2019

Loman

$120.00

12

6/28/2019

Goodman

$105.00

  1. Your friend has a co-payment of $25.00 and the insurance will pay 80% of the remaining cost. In Column D create a formula that displays how much the insurance company will pay. In Column E create a formula that displays the amount your friend will have to pay.
  2. The insurance company is supposed to respond within 30 days of billing. The doctor’s office has said that they will bill 3 days after the visit. In Column F create a formula that calculates the insurance response date.
  3. In cell A13, type the word Total. In cell C13 insert a formula that calculates the total cost of the visits. Copy this formula to cells D13 and E13.
  4. In cell A14, type the word Average. In cell C14, input a formula that calculates the Average Cost of Visit.
  5. Format the spreadsheet to make it easy to read and visually attractive. Add a footer that includes your name.
  6. Name the worksheet Doctor Visits.

PART B

  1. Copy the worksheet in the same workbook. Rename the second worksheet Bank Loan.
  2. Sort the worksheet alphabetically by Doctor and then by Cost of Visit.
  3. Since your friend already has some money saved, calculate whether or not he will need a loan if the total he has to pay is more than $600. In cell A15 type Bank Loan. In cell E15 create an IF statement that will display the words No Loan if your friend does not need a loan and Yes Loan if your friend needs a loan

In: Accounting

6. Cash flow You are planning to set up a new business with a partner, KU...

6. Cash flow

You are planning to set up a new business with a partner, KU Enterprises, on 1 June 2020. You will each own 50% of the business and you will both work in the business. You estimate that your first 6 months in business will be as follows:

  1. Sales, all on credit, will be £20,000 for June increasing by £5000 per month each month. You are giving your customers one month’s credit to encourage them to buy from your new business, so they will pay one month after receipt of the goods.
  2. You will buy £15,000 of goods on the 3rd of June as inventory paying for it immediately out of the bank.
  3. From June onwards you will buy inventory goods each month costing 30% of the sales revenue figures. Your creditor is giving you one month’s credit on these purchases.
  4. You will rent a van with a deposit of £5000 paid on July 2nd and 36 monthly payments of £500, which will start on 27th August and be paid on the 27th of each month after that.
  5. You buy a five year lease on a property for £65,000 with an option to renew after 5 years.
  6. Insurance of £2400 per annum will be paid in two six monthly instalments with the first payment on 1st June.
  7. Annual Business rates of £3600 will be paid by monthly by direct debit on 28th of the month starting in June.
  8. You and you partner will take drawings of £1500 each every month by cash.
  9. You and your partner will put £25,000 capital investment each into a bank account for the business on 1 June to cover initial expenses.

You are required to:

  1. Draw up a cash budget month by month for the first 6 months showing clearly the amount of bank balance or overdraft at the end of each month. Use the template Appendix C to complete your answer using this template and include it in your MS Word answer document.
  2. Identify the months, if any, when the business will require additional funds.
  3. What is the maximum amount that the business needs to avoid cash flow problems?
  4. Suggest solutions to the business’s cash flow problems.  
  5. What effect would an increase of material costs of 25% have on the cash flow.

Appendix C. Refers to Question 6

Complete your answer using this template and include it in your MS Word answer document.

KU Enterprises

Cash Balance Position June - November 2020

June

July

August

September

October

November

Opening Bank Balance

0

Cash In

Capital Investment

Revenue from customers

Total Cash Out

Cash out

Total Cash out

Net monthly cash flow

Closing Bank Balance

In: Finance

This is a Java program Problem Description Write an application that inputs five digits from the...

This is a Java program

Problem Description

Write an application that inputs five digits from the user, assembles the individual digits into a five-digit integer number (the first digit is for one’s place, the second digit is for the ten’s place, etc.) using arithmetic calculations and prints the number. Assume that the user enters enough digits.

Sample Output

Enter five digits: 1 2 3 4 5

The number is 54321

Problem-Solving Tips

  1. The input digits are integer, so you will use int variables to represent them.
  2. You will need a series of statements to assemble the individual digits into the number, using integer arithmetic calculations.
  3. You should create a main class using JCreator and name your program as

Project1_ AssembleDigits_YourName.java

  1. Be sure to follow the spacing and indentation conventions shown in class.
  2. You should answer the follow-up questions in a separated Word document and name it

Project1_Answers_YourName.docx.

  1. If you have any questions as you proceed, ask your instructor for assistance.

Follow-Up Questions and Activities

  1. What are the results of the following expressions?
    1. 24 / 5 =
    2. 18 % 3 =
    3. 6+13 % 9 =
    4. 13 / 2 % 2 =
  2. What happens when the user inputs the following five digits: 1 76 3 9 5?

Problem Description

Write an application that inputs five digits from the user, assembles the individual digits into a five-digit integer number (the first digit is for one’s place, the second digit is for the ten’s place, etc.) using arithmetic calculations and prints the number. Assume that the user enters enough digits.

Sample Output

Enter five digits: 1 2 3 4 5

The number is 54321

Problem-Solving Tips

  1. The input digits are integer, so you will use int variables to represent them.
  2. You will need a series of statements to assemble the individual digits into the number, using integer arithmetic calculations.
  3. You should create a main class using JCreator and name your program as

Project1_ AssembleDigits_YourName.java

  1. Be sure to follow the spacing and indentation conventions shown in class.
  2. You should answer the follow-up questions in a separated Word document and name it

Project1_Answers_YourName.docx.

  1. If you have any questions as you proceed, ask your instructor for assistance.

Follow-Up Questions and Activities

  1. What are the results of the following expressions?
    1. 24 / 5 =
    2. 18 % 3 =
    3. 6+13 % 9 =
    4. 13 / 2 % 2 =
  2. What happens when the user inputs the following five digits: 1 76 3 9 5?

In: Computer Science

Question -Please rephrase the passage below . i'm trying to elimate plagrism I'm part of an...

Question -Please rephrase the passage below . i'm trying to elimate plagrism





I'm part of an energetic entrepreneurial team aspiring to create a difference in the field of Tech platforms. We are currently working on a software platform that aims to integrate range of media dvices like laptops, mobiles, video recorders and other devices. With growing number of devices in our daily life, it's becoming increasingly complex to manage all devices separately. With this advent, we aim to eliminate the multiple hands required to manage these devices and instead create a platform through which all these devices can be managed.

To achieve success in the enterprise, we have chalked out a strategy which we believe can bring growth and stability to this solution. Below are some of the key strategies to be implemented:

Target Customer – Our target customer is the young crowd – University students, working professionals who would want to utilise their valuable time in other activities rather than spending redundant time on managing devices and contents
Market
Short Term – Own University
Mid-Term – Other Universities
Long Term – Nation-wide
Marketing
Short Term – Word of Mouth, University Intranet, University Clubs, Fests, Sports Events etc
Mid-Term – Other Universities – Pamphlets, Social Networking Site, College Forums, Inter-University Events, Word of Mouth
Long Term – Mobile Marketing, Social Networking Sites, Collaboration with Device OEMs like Laptop, Cell phone manufacturers
Team Expansion
Short Term – Team of 3 people which will keep it light and decision making is easy
Mid-term – Expanded team of 10 people to manage on-ground activities across all other universities
Long-term – Full team to manage various functions like Operations, marketing, accounting, business development etc.
Operations
Short Term – Operations will be kept to basic in terms of bringing new users to the platform, convincing them of the benefits, collecting feedback and improve the platform
Mid-term – Here, operations will be relatively complex and on-ground activities to be conducted to ensure new customer acquisition. Operations team will be activated to manage the same.
Long-term – Professional operations team to be established to manage the large scale operations in this case.
Revenue –
Nominal annual subscription to be charged from students. Charges from professionals will be priced higher and provide value-ads to them.
Revenue from OEMs can be collected for advertisements on the platform
Future – In long term, It can be transformed into a warranty management system or other related marketplace as well.

In: Operations Management

```please convert this code to make only using for loop not while loop #include #include #define...

```please convert this code to make only using for loop not while loop

#include
#include
#define MAX_SIZE 500

int main()
{
char str[MAX_SIZE];
char tosearch[MAX_SIZE];
char part1[100];
char part2[100];
int cursor = 0, i, cnt1 = 0, cnt2 = 0, cnt = 0;
int j = 0;
int a = 0;
int b = 0;
int total = 0;
printf("Enter any string: ");
gets(str);
printf("Enter word to search occurrences: ");
gets(tosearch);

for (i = 0; i < strlen(tosearch); i++)
{
if (tosearch[i] == '*')
{
for (j = 0; j < i; j++)
{
part1[j] = tosearch[j];

}

a = j;
}

}

for (j = 0; j < strlen(tosearch) - a; j++)
{
part2[j] = tosearch[a + j + 1];
}

for (j = 0; j < a; j++)
{
printf("%c", part1[j]);

}
printf("\n");

for (j = 0; j < strlen(tosearch) - a - 1; j++)
{
printf("%c", part2[j]);
}

printf("\n");
b = strlen(part2);


while (cursor < strlen(str)) { // while the cursor is smaller than length of main string while loop goes on

while (cnt1 != a) { // if the cnt1 is smaller than the part1 length the while loop goes on
  
if (str[cursor] == part1[0]) { // if the str[cursor] is correspond to the first word of part1 go to for loop

for (i = 0; i < a; i++) {

if (str[cursor + i] == part1[i])
{
cnt1++; // count the number of matching letter of part1 and main string

}
else { // else the cnt1 goes to 0 again and cursor goes forward
cnt1 = 0;
cursor++;
break;
}
}
}
if (cursor > strlen(str) || cnt1 == a)
{
  
break;
}
cursor++; // cursor goes to the next letter
}

cursor += a; printf("the value of cursor %d ", cursor);
  

while (cnt2 != b) { // if cnt2 is less than the length of part2 the while loop goes on


if (str[cursor] == part2[0]) { // if the str[cursor] correspond with part2[0] for loop goes on

for (i = 0; i < b; i++) {

if (str[cursor + i] == part2[i])
{
cnt2++; // count the matching letter of str and part2
}

else {
cnt2 = 0; // else cnt2 goes to 0 and cursor move on break free from the for loop
cursor++;
break;
}
}
}
if (cursor > strlen(str) || cnt2 == b) // if the cursor is larger than the strlen or cnt2 == (the length of part2) break free
break;

cursor++; // move on to the next letter of the main string
  
}

if (cursor + b > strlen(str))
break;

cnt++;
cnt1 = 0;
cnt2 = 0;
}
printf("tot %d\n", cnt);
}

In: Computer Science

```please convert this code to make only using for loop not while loop #include #include #define...

```please convert this code to make only using for loop not while loop

#include
#include
#define MAX_SIZE 500

int main()
{
char str[MAX_SIZE];
char tosearch[MAX_SIZE];
char part1[100];
char part2[100];
int cursor = 0, i, cnt1 = 0, cnt2 = 0, cnt = 0;
int j = 0;
int a = 0;
int b = 0;
int total = 0;
printf("Enter any string: ");
gets(str);
printf("Enter word to search occurrences: ");
gets(tosearch);

for (i = 0; i < strlen(tosearch); i++)
{
if (tosearch[i] == '*')
{
for (j = 0; j < i; j++)
{
part1[j] = tosearch[j];

}

a = j;
}

}

for (j = 0; j < strlen(tosearch) - a; j++)
{
part2[j] = tosearch[a + j + 1];
}

for (j = 0; j < a; j++)
{
printf("%c", part1[j]);

}
printf("\n");

for (j = 0; j < strlen(tosearch) - a - 1; j++)
{
printf("%c", part2[j]);
}

printf("\n");
b = strlen(part2);


while (cursor < strlen(str)) { // while the cursor is smaller than length of main string while loop goes on

while (cnt1 != a) { // if the cnt1 is smaller than the part1 length the while loop goes on
  
if (str[cursor] == part1[0]) { // if the str[cursor] is correspond to the first word of part1 go to for loop

for (i = 0; i < a; i++) {

if (str[cursor + i] == part1[i])
{
cnt1++; // count the number of matching letter of part1 and main string

}
else { // else the cnt1 goes to 0 again and cursor goes forward
cnt1 = 0;
cursor++;
break;
}
}
}
if (cursor > strlen(str) || cnt1 == a)
{
  
break;
}
cursor++; // cursor goes to the next letter
}

cursor += a; printf("the value of cursor %d ", cursor);
  

while (cnt2 != b) { // if cnt2 is less than the length of part2 the while loop goes on


if (str[cursor] == part2[0]) { // if the str[cursor] correspond with part2[0] for loop goes on

for (i = 0; i < b; i++) {

if (str[cursor + i] == part2[i])
{
cnt2++; // count the matching letter of str and part2
}

else {
cnt2 = 0; // else cnt2 goes to 0 and cursor move on break free from the for loop
cursor++;
break;
}
}
}
if (cursor > strlen(str) || cnt2 == b) // if the cursor is larger than the strlen or cnt2 == (the length of part2) break free
break;

cursor++; // move on to the next letter of the main string
  
}

if (cursor + b > strlen(str))
break;

cnt++;
cnt1 = 0;
cnt2 = 0;
}
printf("tot %d\n", cnt);
}

In: Computer Science

Sensation and perception are critical to survival and are separate events that, from the vantage point...

Sensation and perception are critical to survival and are separate events that, from the vantage point of the perceiver, feel like one single process. A sensation is a simple awareness that results from stimulation of a sense organ, whereas perception organizes, identifies, and interprets sensation at the level of the brain in order to form a mental representation. All sensory modalities depend on the process of transduction, which converts physical signals from the environment into neural signals carried by sensory neurons into the central nervous system.

In the 19th century, researchers developed psychophysics, an approach to studying perception that measures the strength of a stimulus and an observer’s sensitivity to that stimulus. These researchers developed procedures for measuring an observer’s absolute threshold, or the smallest intensity needed to just barely detect a stimulus, and the just noticeable difference (JND), or the smallest change in a stimulus that can just barely be detected. Signal detection theory represents a refinement of these basic approaches and allows researchers to distinguish between an observer’s perceptual sensitivity to a stimulus and criteria for making decisions about the stimulus. Sensory adaptation occurs because sensitivity to lengthy stimulation tends to decline over time. This process illustrates that the perceptual system is more sensitive to changes in stimulation than to constant levels of stimulation.

Sensory Adaptation in your life exercise:

â–  You will need TWO (2) same size drinking glass, ONE containing a strong solution of water and sugar (4 tablespoons of water and1 1/2 tablespoon of sugar mixture), another ONE containing pure water.

â–  First, take a sip of the sugar water and swirl it around in your mouths without swallowing. After a few seconds, the solution should taste less sweet. You can then swallow the concoction or spit it back in the original cup.

â–  Next, you should drink from the cup containing fresh water.

After you have completed the exercise, answer the following item.

1. Describe how the freshwater taste in your mouth.

2. Explain how sensory adaption has occurred.

3. Come up with ONE exercise to demonstrate Sensory Adaption. Provide necessary steps to completing the exercise.

*** Provide information from one or more scholarly sources with an in-text citation and match referencing to support your discussion. Wikipedia is not a scholarly source. Discussion without a source will receive zero (0) point.

*** Responses to Discussion Question should be 200 words or more and substantive-this does not include assignment or references. A good practice to produce a response in Word Document to monitor word count, copy and paste into the message area. Please be sure to include proper APA an in-text citation and reference for all information.

In: Psychology