Questions
Energy can never be unlimited source. Types are energies sources are renewable and non-renewable. The best...

Energy can never be unlimited source. Types are energies sources are renewable and non-renewable. The best sustainable solution is to use a more responsible, socio-economic and environment friendly mix of renewable and non-renewable sources of energies.

Renewable sources of energy: Solar, Water, Wind, Wood and Geothermal

Non-renewable sources of energy: Coal, Oil, Natural Gas and Nuclear

Question: Describe how the energy could be sustained economically, socially and environmentally in a project or region. You can choose any one of energy source /case study which can fulfil requirement of sustainability to write your answer. (minimum of 200 words).

In: Other

Which phase carries the analyte through the Chromatographic separation? Standard Phase, Detection Phase ,Injection Phase, Stationary...

Which phase carries the analyte through the Chromatographic separation?

Standard Phase, Detection Phase ,Injection Phase, Stationary Phase, Mobile Phase

Which phase slows the analyte down in the Chromatographic separation?

Standard Phase, Detection Phase ,Injection Phase, Stationary Phase , Mobile Phase

If you increase the flow rate of the mobile phase, will the analyte come out ________?

Slower, In two Peaks, Faster, Unchanged

In this separation the stationary phase is polar and the mobile phase is non-polar. Youre separating two molecules, one polar and one non-polar. Which molecule comes out first? Non-polar, No Difference, Polar

In: Chemistry

transport company has two types of trucks, Type A and Type B. Type A has a...

transport company has two types of trucks, Type A and Type B. Type A has a refrigerated capacity of 20 m3 and a non-refrigerated capacity of 40 m3 while Type B has the same overall volume with equal sections for refrigerated and non-refrigerated stock. A grocer needs to hire trucks for the transport of 3,000 m3 of refrigerated stock and 4,000 m3 of non-refrigerated stock. The cost per kilometer of Type A is $30, and $40 for Type B. How many trucks of each type should the grocer rent achieve the minimum total cost? Determine the feasible solution using graphical analysis.

In: Statistics and Probability

2. Phenylthiocarbamide (PTC) has the chemical structure that resembles toxic alkaloids in poisonous plants. The ability...

2. Phenylthiocarbamide (PTC) has the chemical structure that resembles toxic alkaloids in

poisonous plants. The ability to taste this compound is a dominant trait and is strongly

correlated with the ability to taste other bitter substances, many of which are naturally

occurring toxicants. Suppose that you are studying two heterozygous tasters for PTC

.

a. What are the chances that they will have three taster children?

b.What are the chances that they will have three taster girls?

c.Assuming that they have five children, what are the chances the the first three will be tasters and the last two non-tasters?

d. If they have a taster daughter, and she marries a non-taster, what are the chances that they will have non-taster offspring

In: Biology

A study was done on protected and non protected tests. The results are shown in the...

A study was done on protected and non protected tests. The results are shown in the table. Assume that the two samples are independent simple random samples selected from normally distributed​ populations, and do not assume that the population standard deviations are equal. Complete parts​ (a) and​ (b) below. Use a 0.01

significance level for both parts.

Protected

Non-protected

μ

μ 1

μ 2

n

30

34

77.53

81.35

s

10.06

18.26

b. Construct a confidence interval suitable for testing the claim that students taking non-protected tests get a higher mean score than those taking protected tests.

In: Statistics and Probability

Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of...

Cucina Corp. signed a new installment note on January 1, 2018, and deposited the proceeds of $62,000 in its bank account. The note has a 3-year term, compounds 5 percent interest annually, and requires an annual installment payment on December 31. Cucina Corp. has a December 31 year-end and adjusts its accounts only at year-end.

Required:

  1. Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable.
  2. Prepare the journal entries on (a) January 1, 2018, and December 31 of (b) 2018, (c) 2019, and (d) 2020.
  3. If Cucina Corp.’s year-end were March 31, rather than December 31, prepare the adjusting journal entry would it make for this note on March 31, 2018?

Use an online application, such as the loan calculator with annual payments at mycalculators.com, to generate an amortization schedule. Enter that information into an amortization schedule with the following headings: Year, Beginning Notes Payable, Interest Expense, Repaid Principal on Notes Payable, and Ending Notes Payable. (Do not round intermediate calculations. Round final answers to nearest whole dollar.)

Year Beginning Notes Payable Interest Expense Repaid Principal on Notes Payable Ending Notes Payable
2018
2019
2020
0 0
  • Record the signing of the installment note on January 1, 2018.

  • 2

    Record the installment payment on December 31, 2018.

  • 3

    Record the installment payment on December 31, 2019.

  • 4

    Record the installment payment on December 31, 2020.

Date General Journal Debit Credit
Jan 01, 2018

In: Accounting

Sage Inc. experienced the following transactions for 2018, its first year of operations: Issued common stock...

Sage Inc. experienced the following transactions for 2018, its first year of operations:

  1. Issued common stock for $100,000 cash.
  2. Purchased $200,000 of merchandise on account.
  3. Sold merchandise that cost $154,000 for $306,000 on account.
  4. Collected $276,000 cash from accounts receivable.
  5. Paid $180,000 on accounts payable.
  6. Paid $48,000 of salaries expense for the year.
  7. Paid other operating expenses of $64,000.
  8. Sage adjusted the accounts using the following information from an accounts receivable aging schedule:
Number of Days Past Due Amount Percent Likely to Be Uncollectible Allowance Balance
Current $ 18,000 0.01
0–30 7,500 0.05
31–60 1,500 0.10
61–90 1,500 0.20
Over 90 days 1,500 0.50
  1. Organize the transaction data in accounts under an accounting equation. (Enter any decreases to account balances with a minus sign. If there is no effect on the Accounts Titles for Retained Earnings, leave the cell blank.)
SAGE INC.
Accounting Equation for the Year 2018
Event Assets = Liabilities + Equity Accounts Titles for Retained Earnings
Cash + Accounts Receivable Allowance + Merchandise Inventory = Accounts Payable + Common Stock = Retained Earnings
1. + + = + =
2. + + = + =
3a. + + = + =
3b. + + = + =
4. + + = + =
5. + + = + =
6. + + = + =
7. + + = + =
8. + + = + =
Bal. + + = + =
  1. Prepare the income statement, statement of changes in stockholders’ equity, balance sheet, and statement of cash flows for Sage Inc. for 2018.

Prepare the income statement for Sage Inc. for 2018.

Prepare the statement of changes in stockholders’ equity for Sage Inc. for 2018.

Prepare the balance sheet for Sage Inc. for 2018. (Be sure to list the assets in the order of their liquidity.)

Prepare the statement of cash flows for Sage Inc. for 2018. (Amounts to be deducted should be indicated with a minus sign.)

  1. What is the net realizable value of the accounts receivable at December 31, 2018?

Net realizable value:

In: Accounting

Problem 13-4 Various liabilities [LO13-1, 13-2, 13-3, 13-4] The unadjusted trial balance of the Manufacturing Equitable...

Problem 13-4 Various liabilities [LO13-1, 13-2, 13-3, 13-4]

The unadjusted trial balance of the Manufacturing Equitable at December 31, 2018, the end of its fiscal year, included the following account balances. Manufacturing’s 2018 financial statements were issued on April 1, 2019.

Accounts receivable $ 104,000
Accounts payable 40,000
Bank notes payable 616,000
Mortgage note payable 1,445,000


Other information:

  1. The bank notes, issued August 1, 2018, are due on July 31, 2019, and pay interest at a rate of 9%, payable at maturity.
  2. The mortgage note is due on March 1, 2019. Interest at 8% has been paid up to December 31 (assume 8% is a realistic rate). Manufacturing intended at December 31, 2018, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing paid $492,500 in cash on the principal balance and refinanced the remaining $952,500.
  3. Included in the accounts receivable balance at December 31, 2018, were two subsidiary accounts that had been overpaid and had credit balances totaling $20,700. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and apply the overpayments to those future purchases.
  4. On November 1, 2018, Manufacturing rented a portion of its factory to a tenant for $31,200 per year, payable in advance. The payment for the 12 months ended October 31, 2019, was received as required and was credited to rent revenue.


Required:
1. Prepare any necessary adjusting journal entries at December 31, 2018, pertaining to each item of other information (a–d).
2. Prepare the current and long-term liability sections of the December 31, 2018, balance sheet.

In: Accounting

Problem 13-4 Various liabilities [LO13-1, 13-2, 13-3, 13-4] The unadjusted trial balance of the Manufacturing Equitable...

Problem 13-4 Various liabilities [LO13-1, 13-2, 13-3, 13-4]

The unadjusted trial balance of the Manufacturing Equitable at December 31, 2018, the end of its fiscal year, included the following account balances. Manufacturing’s 2018 financial statements were issued on April 1, 2019.
   

Accounts receivable $ 92,500
Accounts payable 35,000
Bank notes payable 600,000
Mortgage note payable 1,200,000

   
Other information:

  1. The bank notes, issued August 1, 2018, are due on July 31, 2019, and pay interest at a rate of 10%, payable at maturity.
  2. The mortgage note is due on March 1, 2019. Interest at 9% has been paid up to December 31 (assume 9% is a realistic rate). Manufacturing intended at December 31, 2018, to refinance the note on its due date with a new 10-year mortgage note. In fact, on March 1, Manufacturing paid $250,000 in cash on the principal balance and refinanced the remaining $950,000.
  3. Included in the accounts receivable balance at December 31, 2018, were two subsidiary accounts that had been overpaid and had credit balances totaling $18,000. The accounts were of two major customers who were expected to order more merchandise from Manufacturing and apply the overpayments to those future purchases.
  4. On November 1, 2018, Manufacturing rented a portion of its factory to a tenant for $30,000 per year, payable in advance. The payment for the 12 months ended October 31, 2019, was received as required and was credited to rent revenue.

   
Required:
1. Prepare any necessary adjusting journal entries at December 31, 2018, pertaining to each item of other information (a–d).
2. Prepare the current and long-term liability sections of the December 31, 2018, balance sheet.

In: Accounting

Bahira Limited reporting period ends on December 31. The following statement of income was prepared by...

Bahira Limited reporting period ends on December 31. The following statement of income was prepared by the accounts assistant who has limited Knowledge of accounting.

Bahira Limited

Statement of Income

For the period ended December 31, 2018

Sh ‘000’

Fees collected

115,000

Expenses paid

Rent for office space

(13,000)

Utilities

(360)

Telephone

(2,200)

Salaries

(22,000)

Office supplies

(900)

Miscellaneous

(2,400)

(40,860)

Profit for the period

74,140

In a meeting of shareholders, one of the shareholders of Bahira Limited, who is your childhood friend, questioned the figures. He argued, among other things, the figures appear to be on a 100 percent cash basis. “In the meeting, the shareholders agree to invite you, who was recommended by your childhood friend, to review the records and financial statements.

Your investigations reveal the following:

  1. Of the Sh. 115, 000,000 fees collected in 2018, Sh. 36,000, 000 was for services performed prior to 2018.
  2. At the end of 2018, fees of Sh. 9,000,000 for services performed during the year were uncollected.
  3. Office equipment owned and used by Bahira Limited cost Sh. 5,000,000. Depreciation on the equipment was estimated at Sh. 500,000 annually.
  4. A count of office supplies at December 31, 2018 reflected Sh. 200,000 worth of items purchased during the year that were still on hand. Also, the records for 2017 indicated that the supplies on hand at the end of that year were about Sh. 125,000.
  5. At the end of 2018, the secretary whose salary is Sh. 60,000 per month had not been paid for December 2018.
  6. A Sh. 13,000,000 office rent paid was for 13 months (it included the rent for January, 2019).

Required:

  1. On the basis of your findings, prepare the correct statements of income for Bahira Limited for the period December 31, 2018.                                                   
  2. Show all your workings for any amounts changed from those in the statement of income prepared by the accounts assistant.                                                      

In: Accounting