Question

Jack is performing the audit on leases of Anglo Ltd for the year ended 31 December 2019. From the ledger, Jack noticed that there are three items, which are on the lease, i.e. a van, a lathe machine and the oven. As part of the audit, Jack would send standard confirmation letters to the lessors. Two days before the end of the fieldwork,Jack received confirmation from the van’s lessor. Jack’s client has had a short payment of the van lease by$10,000. Jack sent the second reminder confirmation and managed to receive the confirmation from the lathemachine’s lessor. The lease would only start from 1 January 2020. Jack has to yet to receive any confirmationpertaining to the leasing of the oven.

Requirements:

a)Suggest three (3) actions/procedures that Jack should take in the future to make sure that the confirmation letter will be received and answered promptly.
b)Propose two (2) further actions/procedures that Jack should take for the discrepancies to two of the items listed above.

Required information

[The following information applies to the questions displayed below.]

During the current year, Ron and Anne sold the following assets: (Use the dividends and capital gains tax rates and tax rate schedules.)

*$30,000 of the gain is 25 percent gain (from accumulated depreciation on the property).

Ignore the Net Investment Income Tax.

a. Given that Ron and Anne have taxable income of only $20,000 (all ordinary) before considering the tax effect of their asset sales, what is their gross tax liability for 2020 assuming they file a joint return? (Round all your intermediate computations to the nearest whole dollar amount.)

Gross tax Liability=

Accounting Changes-Depreciation
Described below are two independent and unrelated situations involving accounting
changes. Each change occurs during 2016 before any adjusting entries or closing entries
were prepared.
a. On December 30, 2012, Rival Industries acquired its office building at a cost of
$1,000,000. It was depreciated on a straight-line basis assuming a useful life of 40
years and no salvage value. However, plans were finalized in 2016 to relocate the
company headquarters at the end of 2020. The vacated office building will have a
salvage value at that time of $700,000.
b. At the beginning of 2013, the Hoffman Group purchased office equipment at a cost of
$330,000. Its useful life was estimated to be 10 years with no salvage value. The
equipment was depreciated by the sum-of-the years’-digits method. On January 1,
2016, the company changed to the straight-line method.
Instructions:
a. Briefly describe the way company should report this accounting change in the
financial statements.
b. Prepare any 2016 journal entry related to the change.

Cheyenne Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts of $52,500 in 2018, $57,500 in 2019, and $62,200 in 2020. Cheyenne’s pretax financial income for 2017 is $278,800, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2017. Compute taxable income and income taxes payable for 2017. Taxable income $ Income taxes payable $ Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Account Titles and Explanation Debit Credit Prepare the income tax expense section of the income statement for 2017, beginning with the line “Income before income taxes.”. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Cheyenne Corporation Income Statement (Partial) $ $ $

A date written in MMDDYYYY format is palindromic if it is read identically from left to right and from right to left. For example, the date February 2, 2020 (02022020).

Develop a Java program (called Palindrome Dates.java) that identifies all palindromic dates in a given year. The program must have the following functionality:

When running the program, the user is prompted to enter a year A.
Afterwards, the program calculates all the palindromic dates and prints them on the screen (separated by a space) in MMDDYYYY format.
Finally, the program prints on the screen the total number of palindromic dates in that year.
Tip: use the LocalDate and DateTimeFormatter classes included in Java to handle dates. For this, it requires doing two imports:
import java.time.LocalDate;
import java.time.format.DateTimeFormatter;
To iterate between dates you can use the following example which increments the start date by one day until it arrives just before the end date.
for (LocalDate date = start; date.isBefore (end); date = date.plusDays (1)) {
         // Processing of the date contained in the date object
}

An organ pipe is made to play a low note at 27.5 Hz, the same as the lowest note on a piano.

Part A

Assuming a sound speed of 343 m/s, what length open-open pipe is needed?

Express your answer with the appropriate units.

Part B

What length open-closed pipe would suffice?

Express your answer with the appropriate units.

Under Tennessee law, a real estate agent working with a buyer who has not yet signed a buyer agency agreement would be considered:

a seller’s agent.

a buyer’s agent.

a facilitator.

an illegal agent.

Of the following agreements, which must be in writing?

Net listing.

Closed listing.

Open listing for less than one year as a facilitator.

Exclusive right-to-sell agency.

Enter your answer in the provided box. Alpha particles produced by radioactive decay eventually pick up electrons from their surroundings to form helium atoms. Calculate the volume (in mL) of He collected at STP when 2.30 g of pure 226Ra is stored in a closed container for 136 years. (Assume that there are five alpha particles generated per 226Ra as it decays to 206Pb.)

Inventor jockey will in a way heat a pot of water by freezing one
other amount of water.
a) He wants to heat 1.5 kg of water from 0.0 to 80.0 ºC in a closed and well insulated
container. How much water at 0.0 ºC does he then have to freeze?
b) Does the invention contradict the first theorem of thermodynamics? Motivate your answer.