Questions
The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below....

The unadjusted trial balance as of December 31, 2021, for the Bagley Consulting Company appears below. December 31 is the company’s reporting year-end.

Account Title Debits Credits
Cash 7,650
Accounts receivable 7,750
Prepaid insurance 3,200
Land 215,000
Buildings 60,000
Accumulated depreciation—buildings 24,000
Office equipment 93,000
Accumulated depreciation—office equipment 37,200
Accounts payable 28,850
Salaries payable 0
Deferred rent revenue 0
Common stock 230,000
Retained earnings 46,950
Service revenue 82,000
Interest revenue 4,200
Rent revenue 5,100
Salaries expense 32,000
Depreciation expense 0
Insurance expense 0
Utilities expense 21,200
Maintenance expense 18,500
Totals 458,300 458,300


Information necessary to prepare the year-end adjusting entries appears below.

  1. The buildings have an estimated useful life of 50 years with no salvage value. The company uses the straight-line depreciation method.
  2. The office equipment is depreciated at 10 percent of original cost per year.
  3. Prepaid insurance expired during the year, $1,600.
  4. Accrued salaries at year-end, $1,250.
  5. Deferred rent revenue at year-end should be $800.


Required:
1.
From the trial balance and information given, prepare adjusting entries.
2. Post the beginning balances and adjusting entries into the appropriate T-accounts.
3. Prepare an adjusted trial balance.
4. Prepare closing entries.
5. Prepare a post-closing trial balance.

In: Accounting

One of the three characteristics (3Vs) of Big Data is velocity. Name and briefly describe the...

One of the three characteristics (3Vs) of Big Data is velocity. Name and briefly describe the remaining two characteristics of Big Data.

Note: Plz answer it within one hour. Thanks

In: Computer Science

Identify a disease that disrupts cellular respiration. How is caused, what are the symptoms, and how...

Identify a disease that disrupts cellular respiration. How is caused, what are the symptoms, and how is it treated. limit to 1 paragraph

In: Biology

Write a program in C# for a Cricket match using Jagged Arrays. The name of the...

Write a program in C# for a Cricket match using Jagged Arrays. The name of the project will be on your name. It has the following modules:

  • Create two functions in class Cricket_Match for random numbers generation.
    • The first function generates 1-6 numbers which is known as balls played by each player.
    • The second function generates a 0-6 number which is known as the score produced against each ball by an individual player.
  • In the main show the individual player score.
  • Show the total score.

Note: Random numbers are generated using the following function:

Random rnd = new Random();

int num = rnd.Next(1, 6);//Between 1-6

Output Example

Player/Balls

1

2

3

4

5

6

Total

Player -1

4

0

2

6

Player-2

2

1

1

2

4

0

10

Player-3

1

1

1

2

2

4

11

Player-4

1

2

3

Player-5

3

1

2

6

12

Total Score

42

In: Computer Science

A cantilever beam of length L is embedded at its right end, and a horizontal tensile...

A cantilever beam of length L is embedded at its right end, and a horizontal tensile force of P pounds is applied to its free left end. When the origin is taken at its free end, as shown in the figure below, the deflection y(x) of the beam can be shown to satisfy the differential equation

EIy″ = Py − w(x)

x
2

.

A cantilever beam is on the x y-coordinate plane.

  • The beam of length L runs along the positive x-axis with its embedded end located at some positive value on the x-axis and its free end at the origin.
  • A horizontal vector labeled P begins at the free end of the beam and extends left.
  • A curve begins at the origin, goes up and right becoming less steep, and ends at a positive y value above where the beam is embedded.
  • At some value x on the x-axis between the embedded end and free end of the beam, a vertical vector labeled w0x begins on the curve and extends down.

Find the general solution of the given differential equation if

w(x) = xw0.

y =

Find the deflection of the cantilever beam if

w(x) = w0x, 0 < x < L,

and

y(0) = 0, y'(L) = 0.

y(x) =

  

In: Mechanical Engineering

Discuss and Brainstorm approaches that you might use to gather data to identify the strengths and...

Discuss and Brainstorm approaches that you might use to gather data to identify the strengths and weaknesses of a competing organization. Identify resources, specific tools, or techniques you might apply to gain useful insights.

In: Operations Management

On May 31, 2016, Sandals report purchased a truck at a cost of $160,000. before placing...

On May 31, 2016, Sandals report purchased a truck at a cost of $160,000. before placing the truck into service, The company spend $2,500 painting it, $500 replacing tires, and $5,000 overhauling the engine. The truck should remain in service for 5 years and have a residual value of $7,500. The truck’s annual mileage is expected to be 15,000 in each of the first two years and 10,000 miles in the next three years. In deciding which depreciation method to use, the general manager request depreciation schedule for each of the depreciation methods (straight line, unit-of production, and double – declining-balance). work out each depreciation in the depreciation schedule. pass all transaction in the journal entry. journal entry must be included. show working out for each depreciation

In: Accounting

find the broadcast address for 10.248.139.232 with mask 255.255.255.252

find the broadcast address for 10.248.139.232 with mask 255.255.255.252

In: Computer Science

How can link this question " why people change their behavior when they see you are...

How can link this question " why people change their behavior when they see you are nicer than them" to the concpets of : - will and determinism - the one and the other - personal identity -and ethics

In: Psychology

The following questions deal with domain name registration. (5 Marks) a) What is ICANN b) what...

The following questions deal with domain name registration. a) What is ICANN b) what is ICANN’s UDRP

In: Economics

What does the 21st century Aviation Environmental Planning consist of? What is the business theory and...

What does the 21st century Aviation Environmental Planning consist of? What is the business theory and regulation behind it?

In: Operations Management

(a) For an interest rate of 6% per annum compounded quarterly, determine (i) the annual effective...

(a) For an interest rate of 6% per annum compounded quarterly, determine (i) the annual effective interest rate, (ii) the effective rate per quarter, and (iii) the effective rate per month.

(b) Using the interest rates (i), (ii), and (iii) calculated in part a), calculate the future value of $1,000 deposit after 5 years.

(c) Using the interest rates (i), (ii), and (iii) calculated in part a), calculate the present value of $1,000 allowance you receive 5 years from now.

In: Economics

On July 1, 2018 a full year’s insurance premium of $2,400, covering the period July 1,...

On July 1, 2018 a full year’s insurance premium of $2,400, covering the period July 1, 2018,to June 30, 2019 was paid and debited to insurance expense. Assume the following:

The company has a calendar fiscal year.

January 1, 2018, retained earnings balance is $20,000.

2018 reported net income (assuming the error is not discovered)is $22,800.

2019 net income (assuming the error is not discovered) is $30,000.

2020 net income is $40,000. Ignore taxes

REQUIRED:

a.

List the effects of the error on affected accounts and on net income in 2018 and 2019,assuming no adjusting entry is made on December 31, 2018.

b.

Prepare the entry to record the error if discovered in 2018.

c.

Prepare the entry to record the error if discovered in 2019, and the 2018 and 2019 retained earnings sections of the statement of stockholders’ equity.

d.

Prepare the entry (if needed) to record the error if discovered in 2020, and the 2019 and 2020 retained earnings sections of the statement of stockholders’ equity.

In: Accounting

Why are we required to create a GPU from scratch on an FPGA using HDL language?...

Why are we required to create a GPU from scratch on an FPGA using HDL language?

What are the design challenges with this?

In: Computer Science

Almost all medical schools in the United States require students to take the Medical College Admission...

Almost all medical schools in the United States require students to take the Medical College Admission Test (MCAT). To estimate the mean score μ of those who took the MCAT on your campus, you will obtain the scores of an SRS of students. The scores follow a Normal distribution, and from published information you know that the standard deviation is 10.4 . Suppose that, unknown to you, the mean score of those taking the MCAT on your campus is 495 .

In answering the questions, use z‑scores rounded to two decimal places.

(a) If you choose one student at random, what is the probability that the student's score is between 490 and 500 ? Use Table A, or software to calculate your answer.

(Enter your answer rounded to four decimal places.)

probability:

(b) You sample 25 students. What is the standard deviation of the sampling distribution of their average score ?¯? (Enter your answer rounded to two decimal places.)

standard deviation:

(c) What is the probability that the mean score of your sample is between 490 and 500 ? (Enter your answer rounded to four decimal places.)

probability:

STATE: How heavy a load (in pounds) is needed to pull apart pieces of Douglas fir 44 inches long and 1.51.5 inches square? Given are data from students doing a laboratory exercise.

33,190 31,860 32,590 26,520 33,280
32,320 33,020 32,030 30,460 32,700
23,040 30,9303 32,720 33,650 32,340
24,050 30,170 31,300 28,730 31,920

To access the complete data set, click the link for your preferred software format:

Excel  Minitab  JMP  SPSS TI  R  Mac-TXT   PC-TXT  CSV CrunchIt!

We are willing to regard the wood pieces prepared for the lab session as an SRS of all similar pieces of Douglas fir. Engineers also commonly assume that characteristics of materials vary Normally. Suppose that the strength of pieces of wood like these follows a Normal distribution with standard deviation 3000 pounds.

PLAN: We will estimate μ by giving a 90% confidence interval.

SOLVE: Find the sample mean ?¯ . (Enter your answer rounded to the nearest whole number.)

?¯=

Give a 90% confidence interval, [low,high] , for the mean load required to pull the wood apart. (Enter your answers rounded to the nearest whole number.)

???=

ℎ??ℎ=

In: Math