On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.

The company's chart of accounts follows:

Use the following information:

1. Prepaid insurance of $117 has expired this month.
2. At the end of the month, $500 of office supplies are still available.
3. This month’s depreciation on the computer equipment is $300.
4. Employees earned $350 of unpaid and unrecorded salaries as of month-end.
5. The company earned $2,100 of commissions that are not yet billed at month-end.

Required:
1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of April 30.
5b. Prepare the statement of owner's equity for the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.

On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month. April 1 Nozomi invested $32,000 cash and computer equipment worth $25,000 in the company. 2 The company rented furnished office space by paying $1,700 cash for the first month’s (April) rent. 3 The company purchased $1,000 of office supplies for cash. 10 The company paid $2,800 cash for the premium on a 12-month insurance policy. Coverage begins on April 11. 14 The company paid $900 cash for two weeks' salaries earned by employees. 24 The company collected $10,500 cash for commissions earned. 28 The company paid $900 cash for two weeks' salaries earned by employees. 29 The company paid $400 cash for minor repairs to the company's computer. 30 The company paid $1,500 cash for this month's telephone bill. 30 Nozomi withdrew $1,900 cash from the company for personal use. The company's chart of accounts follows: 101 Cash 405 Commissions Earned 106 Accounts Receivable 612 Depreciation Expense—Computer Equip. 124 Office Supplies 622 Salaries Expense 128 Prepaid Insurance 637 Insurance Expense 167 Computer Equipment 640 Rent Expense 168 Accumulated Depreciation—Computer Equip. 650 Office Supplies Expense 209 Salaries Payable 684 Repairs Expense 301 J. Nozomi, Capital 688 Telephone Expense 302 J. Nozomi, Withdrawals 901 Income Summary Use the following information: Prepaid insurance of $156 has expired this month. At the end of the month, $600 of office supplies are still available. This month’s depreciation on the computer equipment is $500. Employees earned $510 of unpaid and unrecorded salaries as of month-end. The company earned $1,550 of commissions that are not yet billed at month-end. Required: 1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts. 3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30. 4. Journalize the adjusting entries for the month and prepare the adjusted trial balance. 5a. Prepare the income statement for the month of April 30. 5b. Prepare the statement of owner's equity for the month of April 30. 5c. Prepare the balance sheet at April 30. 6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b. 6b. Post the journal entries to the ledger. 7. Prepare a post-closing trial balance.

On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.

The company's chart of accounts follows:

Use the following information:

1. Prepaid insurance of $117 has expired this month.
2. At the end of the month, $400 of office supplies are still available.
3. This month’s depreciation on the computer equipment is $400.
4. Employees earned $390 of unpaid and unrecorded salaries as of month-end.
5. The company earned $1,650 of commissions that are not yet billed at month-end.

Required:
1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of April 30.
5b. Prepare the statement of owner's equity for the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger.
7. Prepare a post-closing trial balance.

On April 1, Jiro Nozomi created a new travel agency, Adventure Travel. The following transactions occurred during the company’s first month.

The company's chart of accounts follows:

Use the following information:

1. Prepaid insurance of $111 has expired this month.
2. At the end of the month, $600 of office supplies are still available.
3. This month’s depreciation on the computer equipment is $500.
4. Employees earned $300 of unpaid and unrecorded salaries as of month-end.
5. The company earned $2,350 of commissions that are not yet billed at month-end.

Required:
1. & 2. Prepare journal entries to record the transactions for April and post them to the ledger accounts in Requirement 6b. The company records prepaid and unearned items in balance sheet accounts.
3. Using account balances from Requirement 6b, prepare an unadjusted trial balance as of April 30.
4. Journalize the adjusting entries for the month and prepare the adjusted trial balance.
5a. Prepare the income statement for the month of April 30.
5b. Prepare the statement of owner's equity for the month of April 30.
5c. Prepare the balance sheet at April 30.
6a. Prepare journal entries to close the temporary accounts and then post to Requirement 6b.
6b. Post the journal entries to the ledger

Exercise 13-4

Flounder Company began operations on January 2, 2016. It employs 10 individuals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows.

Flounder Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time.

1- Prepare journal entries to record transactions related to compensated absences during 2016 and 2017.

2 - Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2016 and 2017.

Blossom Company began operations on January 2, 2019. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows.

Blossom Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time.

(a)Prepare journal entries to record transactions related to compensated absences during 2019 and 2020. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 0 decimal places, e.g. 5,125.)

USE C++ PLEASE AND EXPLAIN LINES AS MUCH AS POSSIBLE...THANKS IN ADVANCE...NEED THIS ASAP

An unknown number of grades as integers, but no more than 30, are to be read from the file grades.dat. You may assume each grade will be a valid value between 0 and 100 (no validation necessary) and all "grades" are out of a maximum 100 points. Output the Number of Grades read in from the file. Calculate and output the Total Points Earned. Calculate and output the Total Possible Points. (Remember each grade is out of a possible 100 points max.) Following these, output each individual grade and its percentage of the Total Points Earned. Format these so that they are lined up in two columns. The first column should be 20 characters wide and contain the grade; the second column should be 8 characters wide containing the percentage. A percent sign should be output after the second field. The percentages should be rounded to the nearest tenth. Finally, output the Final Grade as a percentage, such that it lines up with second column previously. See the sample input and output that follows:

Sample Input: assuming grades.dat contained the following

100
95
87
90
76
            

Sample Output:

Number of Grades:           5
Total Points Earned:      448
Max Possible Points:      500

                 100    20.0%
                  95    19.0%
                  87    17.4%
                  90    18.0%
                  76    15.2%

Final Grade:            89.6%

Consider an individual that must decide how much to consume in a twoperiod model. Let us suppose that her preferences for present consumption (c1) and future consumption (c2) can be characterized by the following utility function: u(c1, c2) = √ c1 × c2 Further assume that her income in both the present period (M1) and the future period (M2) is equal to 105, the price index in the present period (p1) is 1, the price index in the future period (p2) is 1.05, and the nominal interest rate (i) is 0.05. (a) Illustrate this individual’s intertemporal budget constraint with c1 on the horizontal axis. What is the slope of this budget constraint and her present and future consumption 1 at her zero savings point? Add the zero savings point to your diagram. (b) Solve for this individual’s optimal values of c1 and c2 respectively. What is her total utility at this equilibrium? Illustrate this equilibrium in your diagram from part (a). (c) Now suppose that the nominal interest rate decreases to 0.04. Let all of the other parameters in the model remain unchanged. Calculate the total effect of this increase in i on c1. (d) Decompose the total change in c1 consumption in part (c) into an income effect and a substitution effect. You will find it helpful to use a new diagram to first illustrate the income and substitution effect.

Life expectancy in the US varies depending on where an individual lives, reflecting social and health inequality by region. You are interested in comparing mean life expectancies in counties in California, specifically San Mateo County and San Francisco County. Given the data below, answer the following questions.

1.  Calculate the standard error of the mean difference in male life expectancy between the 2 counties, assuming nonequal variance.

2. Calculate a 99% confidence interval for the mean difference in male life expectancy between the two counties. Use the conservative approximation for degrees of freedom.

3.  Based on your confidence interval, would you expect the mean difference in male life expectancy to be statistically significant at the α=.01 level? EXPLAIN