Questions
The reported net incomes for the first 2 years of Sandhill Co. were as follows: 2017,...

The reported net incomes for the first 2 years of Sandhill Co. were as follows: 2017, $169,000; 2018, $225,000. Early in 2019, the following errors were discovered. 1. Depreciation of equipment for 2017 was overstated by $7,900. 2. Depreciation of equipment for 2018 was understated by $15,400. 3. December 31, 2017 ending inventory was overstated by $20,300. 4. December 31, 2018 inventory was overstated by $28,300.

Prepare the correcting entry necessary when these errors are discovered. Assume that the books are closed.

In: Accounting

Choose two of the following items on the list below and write a personal statement about...

Choose two of the following items on the list below and write a personal statement about how you would deal with those items if you are exposed to them in the workplace. Be sure to outline specific steps that you would take in handling those matters if you were in a managerial role.


Sexual harassment

Offers for unethical incentives

Requests by management and coworkers to falsify reports or misuse data

Requests to cover for a co-worker who wants to leave early

Opportunities to take credit for the work of others


In: Psychology

Type or paste question here Problem 7-7A On October 31, 2021, Lisik Company had a cash...

Type or paste question here

Problem 7-7A

On October 31, 2021, Lisik Company had a cash balance per books of $8,946. The bank statement on that date showed a balance of $10,155. A comparison of the statement with the Cash account revealed the following:
1. The statement included debit memos of $35 for the printing of additional company cheques and $30 for bank service charges.
2. Cash sales of $417 on October 12 were deposited in the bank. The journal entry to record the cash receipt and the deposit slip were incorrectly made out and recorded by Lisik as $741. The bank detected the error on the deposit slip and credited Lisik Company for the correct amount.
3. The September 30 deposit of $985 was included on the October bank statement. The deposit had been placed in the bank’s night deposit vault on September 30.
4. The October 31 deposit of $960 was not included on the October bank statement. The deposit had been placed in the bank's night deposit vault on October 31.
5. Cheques #1006 for $415 and #1072 for $975 were outstanding on September 30. Of these, #1072 cleared the bank in October. All the cheques written in October except for #1278 for $555, #1284 for $646, and #1285 for $315 had cleared the bank by October 31.
6. On October 18, the company issued cheque #1181 for $457 to Helms & Co., on account. The cheque, which cleared the bank in October, was incorrectly journalized and posted by Lisik Company for $574.
7. A review of the bank statement revealed that Lisik Company received electronic payments from customers on account of $1,875 in October. The bank had also credited the account with $25 of interest revenue on October 31. Lisik had no previous notice of these amounts.
8. Included with the cancelled cheques was a cheque issued by Lasik Company for $585 that was incorrectly charged to Lisik Company by the bank.
9. On October 31, the bank statement showed an NSF charge of $805 for a cheque issued by W. Hoad, a customer, to Lisik Company on account. This amount included a $16 service charge by the bank. The company's policy is to pass on all NSF fees to the customer.

1. Prepare the bank reconciliation at October 31. (List items that increase balance as per bank & books first.)

2. Prepare the necessary adjusting entries at October 31. (Credit account titles are automatically indented when the 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.)

In: Accounting

The Williams Company sells a product called Mix-Right for $15 each and uses a perpetual inventory...

The Williams Company sells a product called Mix-Right for $15 each and uses a perpetual inventory system to account for its merchandise. The beginning balance of Mix-Rights and transactions during October 2020 were as follows:

Oct 1 Balance: 104 units costing $5 each.
3 Purchased 119 units from Arnold Brothers costing $7.50 each
4 Returned 39 of the units purchased on October 3.
9 Sold 94 units to Kitchen Club, invoice #210.
15 Purchased 219 units from Arnold Brothers costing $8.70 each.
18 Sold 188 units to Thorhild Co-op, invoice #211.
19 Paid for the October 3 purchase; cheque #101.
23 Paid for the October 15 purchase, cheque #102.
24 Sold 69 units to Boyle Grocery, invoice #212.
31 Purchased 94 units from Arnold Brothers costing $8.00 each.


Required:
Journalize the October transactions in the sales, purchases, and cash disbursements journals. Assume all sales and purchases are on credit; terms 2/10, n/30. Under the assumption that the company keeps its records on a weighted average basis, enter the beginning balances and post each transaction on an inventory subledger record. Posting to other subledgers is not required. (Enter the transactions in the order provided in the question. Round final answers to 2 decimal places.)





In: Accounting

Instructions: For each of the following learning examples, classical conditioning is at work. In each example,...

Instructions: For each of the following learning examples, classical conditioning is at work. In each example, identify the unconditioned stimulus (US), conditioned stimulus (CS), unconditioned response (UR) and conditioned response (CR).

1. Jonathan loves spicy dood! Last week he ate at Tia Mexicna three times and literally perspired from the hot spices. Yesterday, as he drove past the restaurant, Jonathan began to perspire profusely.

2. When he was just a puppy, Barney’s cruel owner took him out hunting and fired his shotgun right next to Barney’s car. Barney’s new owner notices that whenever there’s a thunderstorm, Barney hides under the bed and whimpers until the storm passes.

3. Jeremiah is six months old. His mother warns his bottles in the microwave. Whenever the bell on the microwave rings, Jeremiah begins to drool.

4. Tiffany was playing with her cousin. Suddenly her cousin let out a horrifying scream and cried, “A bee!” She yanked Tiffany by the arm and dragged her brutally into the house. Now Tiffany is refusing to go outside to play, claiming she is afraid of “the bees.”

5. Serita had to give a speech for English class. She was so nervous she thought she was going to be sick. Shanelle was sitting in the front row wearing “Twilight” perfume (too much Twilight perfume). Even though her speech was over, for three days, whenever Serita smelled Shanelle’s perfume, she felt extremely nervous and sick to her stomach.

6. George had an unfortunate accident. While shaving one morning his electric razor shorted out and burned a large parch of whiskers of his chin. Now George displays a fear of electric toasters, coffee makers, and toaster ovens.

7. After a cat is exposed to repeated pairings of an electrical shock and a yellow light, the cat’s heart races whenever a yellow light is presented.

8. Marge fixed Mr. Lee her special recipe meatloaf---convinced tat he would beg for more. Several hours later, Mr. Lee felt very ill. He immediately blamed on Marge’s meatloaf and told her he would never eat it again.

In: Psychology

I have bolded the answers I chose. I just need someone to check my work and...

I have bolded the answers I chose. I just need someone to check my work and if I'm wrong possibly explain why, please?

1. If a stock pays a dividend, the owner of a call option will see the value of their option decrease by the amount of that dividend payment.

a. true

b. false

2. DEF stock currently trades for $40. Both American calls and puts are available on the stock. All else being constant, which of the following will occur if the stock price falls to $35?

a. Both the call and put premium will increase.

b. The call premium will increase while the put premium will decrease.

c. Both the call and put premium will decrease.

d. None of the above.

3. PQU stock has two series of European call options. Both series expire in six months, but one series has a strike price of $50, while the other series has an exercise price of $60. If the market is in equilibrium, it must case that the $50 series has a higher premium than the $60 series on any given day prior to expiration.

a. true

b. false

4. A 9-month American call on Smith stock with an exercise price of $20 sells for $1.25. A 9-month European call on Smith stock carries a strike price and premium of $22 and $1.1, respectively. If the American call isn't exercised early, which of the following will occur when the options expire?

a. The American call will have a higher premium than the European call.

b. The American call will have a lower premium than the European call.

c. The premiums for both options will be the same.

d. Cannot be determined.

In: Finance

Design two shell programs working on Linux (Ubuntu) Design a shell script program, 1) reading given...

Design two shell programs working on Linux (Ubuntu)

  1. Design a shell script program, 1) reading given only two integer numbers from command line arguments and computing their multiplication. If two integer numbers are not given, print “Wrong Input” on your screen. Note that, the number of arguments is known when the script runs.

Take a screenshot showing your shell program and its execution step.

  1. Design a shell program to remove all the shell programming files ending with sh on your home directory when a SIGINT signal is received.

Take three screenshots (The first screenshot shows one or more sh files on your home directory, and the second screenshot shows your shell program and its execution step, the third screenshot shows that sh files do not exist in your home directory after executing your shell program).

Submit your four screenshots.

In: Computer Science

Please write shell scripts in Kali Linux to complete the following tasks. Task A - Take...

Please write shell scripts in Kali Linux to complete the following tasks.

Task A - Take your UIN

Write a script like below that reads and displays the MIDAS ID if the following requirements are satisfied:

  1. Only lower case letter [a-z] and numeric character[0-9] are allowed

  2. MIDAS ID must between 4 to 8 digits

Test your script with the following examples:

  • Your MIDAS ID in lower case

  • Your MIDAS ID w.one upper case

  • A string less than 4 digits

  • A string longer than 8 digits

  1. Task B - Check files

    Write a script like below that gets a list of files in a directory you entered, plus your name. Your script should pop out an error if an invalid directory is entered.

    You need to test the following directories with your script:

    • /etc/systemd

    • /home

    • A directory that does not exist

In: Computer Science

A current liability is a short-term obligation that is normally expected to be settled within one...

A current liability is a short-term obligation that is normally expected to be settled within one year. For each of the following events and transactions that occurred in November 2017, indicate the title of the current liability account that is affected and the amount that would be reported on a statement of financial position prepared on December 31, 2017. If an event does not result in a current liability, explain why.

a) A customer purchased a ticket from WestJet Airlines For $ 470 cash to travel in January 2018. Answer from WestJet's standpoint.

b) Hall Construction Company signs a contract with a customer for the construction of a new $ 500,000 warehouse. At the signing, Hall receives a cheque for $ 50,000 as a deposit on the future construction. Answer from Hall's standpoint.

c) On November 1, 2017, a bank lends $ 10,000 to a company. The loan carries a 5 percent annual interest rate, and the principal and interest are due in a lump sum on October 31, 2018. Answer from the company's standpoint.

d) A popular ski magazine company receives a total of $ 17,800 from subscribers on December 31, the last day of its fiscal year. The subscriptions begin in the next fiscal year. Answer from the magazine company's standpoint.

e) On November 20, the campus bookstore receives 900 accounting textbooks at a cost of $ 70 each. The terms indicate that payment is due within 30 days of delivery. Answer from the bookstore's standpoint.

f) Ziegler Company, a farm equipment company, receives its phone bill at the end of January 2018 for $ 2,300 for January calls. The bill has not been paid to date.

In: Accounting

Crane Co. provides music lessons to many clients across the city. The following information is available...

Crane Co. provides music lessons to many clients across the city. The following information is available to be used in recording annual adjusting entries at the company’s September 30, 2021, year end:

1. On October 1, 2020, the company had a balance of $1,980 in its supplies account. Additional supplies were purchased during the year totalling $1,760. The supplies inventory on September 30, 2021, amounts to $600.
2. On November 1, 2020, Crane purchased a one-year insurance policy for $3,000.
3. On January 2, 2021, a client paid $1,500 for six months of lessons starting April 2, 2021.
4. On February 1, 2021, Crane purchased a grand piano (to be used in music lessons) for $25,200. The piano’s estimated useful life is 14 years.
5. On May 1, 2021, Crane borrowed $27,180 from the bank and signed a 10-month, 8% note payable. Interest and principal are to be paid at maturity.
6. On August 1, 2021, Crane signed a contract with a neighbourhood school to provide weekly piano lessons to some of its students for a fee of $1,700 per month. The contract called for lessons to start on September 1, 2021. The school has not yet been sent an invoice for the month of September.
7. On August 15, 2021, the company paid $9,090 to Pinnacle Holdings to rent additional studio space for nine months starting September 1. Crane recorded the full payment as Prepaid Rent.
8. Crane’s instructors have earned salaries of $2,500 for the last week of September 2021. This amount will be paid to the instructors on the next payday: October 6, 2021.
9. Music lessons were provided to a local church group for $1,200 on September 30, 2021. Crane has not yet invoiced the group or recorded the transaction.
10. In early October 2021, Crane received an invoice for $985 from the utility company for September utilities. The amount has not yet been recorded or paid.


Prepare the adjusting journal entries. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to the nearest whole dollar, e.g. 5,275. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

In: Accounting