Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2016, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2016, follow.

Additional Information Items

An analysis of WTI's insurance policies shows that $2,400 of coverage has expired.

An inventory count shows that teaching supplies costing $2,800 are available at year-end 2016.

Annual depreciation on the equipment is $13,200.

Annual depreciation on the professional library is $7,200.

On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $2,500, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2017.

On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,000 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)

WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

The balance in the Prepaid Rent account represents rent for December.

rev: 07_12_2016_QC_CS-55458

3.

value:
14.28 points

Required information

Required:     

1. Prepare the necessary adjusting journal entries for items a through h. Assume that adjusting entries are made only at year-end.

References

eBook & Resources

WorksheetLearning Objective: 03-P1 Prepare and explain adjusting entries.Learning Objective: 03-P3 Prepare financial statements from an adjusted trial balance.

Difficulty: 3 HardLearning Objective: 03-P2 Explain and prepare an adjusted trial balance.

Check my work

4.

value:
14.28 points

Required information

2.1 Post the balance from the unadjusted trial balance and the adjusting entries in to the T-accounts.

2.2 Prepare an adjusted trial balance.

References

eBook & Resources

WorksheetLearning Objective: 03-P1 Prepare and explain adjusting entries.Learning Objective: 03-P3 Prepare financial statements from an adjusted trial balance.

Difficulty: 3 HardLearning Objective: 03-P2 Explain and prepare an adjusted trial balance.

Check my work

5.

value:
14.28 points

Required information

3.1 Prepare Wells Technical Institute's income statement for the year 2016.

3.2 Prepare Wells Technical Institute's statement of retained earnings for the year 2016.

3.3 Prepare Wells Technical Institute's balance sheet as of December 31, 2016.

Wells Technical Institute (WTI), a school owned by Tristana Wells, provides training to individuals who pay tuition directly to the school. WTI also offers training to groups in off-site locations. Its unadjusted trial balance as of December 31, 2017, follows. WTI initially records prepaid expenses and unearned revenues in balance sheet accounts. Descriptions of items a through h that require adjusting entries on December 31, 2017, follow.
  WELLS TECHNICAL INSTITUTE

Additional Information Items

An analysis of WTI's insurance policies shows that $3,071 of coverage has expired.

An inventory count shows that teaching supplies costing $2,662 are available at year-end 2017.

Annual depreciation on the equipment is $12,285.

Annual depreciation on the professional library is $6,142.

On November 1, WTI agreed to do a special six-month course (starting immediately) for a client. The contract calls for a monthly fee of $3,000, and the client paid the first five months' fees in advance. When the cash was received, the Unearned Training Fees account was credited. The fee for the sixth month will be recorded when it is collected in 2018.

On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $3,040 tuition per month payable at the end of the class. The class started on October 15, but no payment has yet been received. (WTI's accruals are applied to the nearest half-month; for example, October recognizes one-half month accrual.)

WTI's two employees are paid weekly. As of the end of the year, two days' salaries have accrued at the rate of $100 per day for each employee.

The balance in the Prepaid Rent account represents rent for December

An 18-year old high school teenager who did not know she was pregnant, gave birth to an approximately 30-week old fetus. The baby was delivered at 35% less than the normal birth weight at 30-weeks with birth defects including medical abnormalities of the liver, spleen, and lungs. The skin of the baby presented with purplish splotchy appearance. Due to the abnormalities of the lungs and other organs the baby was placed in an incubator in an ICU unit, while the mother was held over for extended observation. The baby suffered 3 bouts of Grand Mals seizures prior to death at 2.5 weeks old. Upon giving a medical history, the teenager admits to being sexually active throughout the term of her pregnancy with 3 different male sexual partners. She reports had a long 4 to 6 week bout of fever, sore salivary glands, and a sore throat during the pregnancy for which she never sought medical attention, and eventually dissipated on their own without the aid of antibiotics or other anti-inflammatory medications. The teenager did not take prenatal vitamin supplements, and admits to eating a less than well rounded diet consisting primarily of fast food. The teenager did not participate in illegal street drug use, but she admits to smoking and drinking during the pregnancy. She also participated in strenuous exercise routines as part of a sports training program associated with her school.

The chief resident looks over this case and the information provided by the teenager the next day and immediately orders general blood screens for herpes viruses to be conducted on the teenager before her release from the hospital. The test came back positive.

Question:

What class of toxicant could this be and Why? Describe 3 other specific examples of this class of toxicant and describe their modes of action and effects on pregnancy and fetal development?

The Heavenly Grace Christian Elementary School has decided to examine whether using biblical materials to teach reading has an impact on reading levels. Last year, a test revealed that the average sixth-grade student read at a 5.7 grade level. This year, after all secular humanist material was deleted from the curriculum, a 20-person sample of the sixth-grade student body was tested, with the following results:

mean = 6.4 standard deviation =1.9

Present a hypothesis and a null hypothesis, and evaluate them. State your conclusion in plain English.

About 130,000 high school students took the AP Statistics exam in 2010. The free-response section of the exam consisted of five open-ended problems and an investigative task. Each free-response question is scored on a 0 to 4 scale (with 4 being the best). For one of the problems, a random sample of 30 student papers yielded the scores that are graphed in the dot plot of part (a) in the previous problem. The mean score for this sample is x̄ = 1.267 and the standard deviation is s = 1.230.

(a) Find and interpret the standard error of the mean.

(b) Construct and interpret a 99% confidence interval to estimate the mean score on this question. Use the four-step process.

2. Two expert French chefs judged chocolate mousse made by students in a Paris cooking school. Each chef ranked the best

   chocolate mousse as 1.

   Student	1	2	3	4	5
   Rank by Chef Pierre	4	2	3	1	5
   Rank by Chef Andre	4	1	2	3	5

   Use a 5% level of significance to test whether there is a positive association between ranks given by Chef Pierre and by Chef Andre.

   1. 2.1 State the null hypothesis in words.

   2. 2.2 Compute the value of the test statistic

(10 pts) Suppose that when I drive to school, I encounter one traffic light on Lewis Road and one traffic light on Santa Rosa Rd. Let the random variable X = number of red lights that I encounter on Lewis and Y = number of red lights that I encounter on Santa Rosa. Suppose that the marginal distributions of X and Y are as shown in the following probability table:

X=-1 X=1 Total
Y=-1 0.5
Y=1 0.5
Total 0.5 0.5 1.0
Notice that E(X) = E(Y) = .5, and Var(X) = Var(Y) = .25.

a) Fill in the table in such a way that Corr(X,Y) = 1. Verify that indeed it checks out.
X=-1 X=1 Total
Y=-1 0.5
Y=1 0.5
Total 0.5 0.5 1.0


b) Fill in the table in such a way that Corr(X,Y) = -1. Verify that indeed it checks out.
X=-1 X=1 Total
Y=-1 0.5
Y=1 0.5
Total 0.5 0.5 1.0


c) Fill in the table in such a way that Corr(X,Y) = 0. Verify that indeed it checks out.
X=-1 X=1 Total
Y=-1 0.5
Y=1 0.5
Total 0.5 0.5 1.0

Consider the variable W=X+Y, representing the total number of red lights I encounter on my drive to school.
d) Calculate E(W)





e) For each of the cases in parts a), b) and c), calculate SD(W)

The community health nurse is planning a health promotion workshop for a high school PTSO (Parent-Teacher-Student Organization). The choice of topics was suggested by the high school’s registered nurse who has observed a gradual increase in student obesity. The two nurses have collaborated to develop this workshop to provide parents, students, and teachers with information about the importance of health promotion. (Learning Objectives 6, 8, and 9) Describe the importance of a focus on health promotion. According to the health promotion model developed by Becker (1993), what four variables influence the selection and use of health promotion behaviors? Describe four components of health promotion.