A+ Answers of the following Questions

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1. The Connecting Company used the percent sales method of accounting for uncollectible accounts receivable. During the current year, the following transactions occurred:
Sept 7    Connecting Company determined that the $8,100
          account receivable of the Helena Company was
          uncollectible, and wrote it off.
Oct 15    Connecting Company determined that the $2,500
          account receivable of the Tree Company was
          uncollectible and wrote it off.
Nov 9     Helena Company paid $6,000 of the amount owed
          to the Connecting Company. Connecting Company
          does not expect further collections from the
          Helena Company.
Dec 31    Connecting Company estimates that 0.5% of its
          $1,900,000 of credit sales would be
          uncollectible.
1.Prepare the general journal entries to record these transaction.

2. On January 2, 2004, a company purchased a delivery truck for $45,000 cash. The truck had an estimated useful life of seven years and an estimated salvage value of $3,000. The straight-line method of depreciation was used. Prepare the journal entries to record depreciation expense and the disposition of the truck on September 1, 2008, under the following assumption:
a.The truck and $45,000 cash were given in exchange for a new delivery truck that had a cash price of $60,000.

Question:

A researcher wants to study the effectiveness of a grieving group by comparing the results of a grieving scale for a control and an experimental group. 

a) Because the researcher is using a control group, what ethical consideration will he or she have to consider.

b) To what group or population is this study generalizable?

c) Name the two main variables that would be tested in this study and the level of measurement of these variables.

d) Name the statistical test that would be used to determine if the program is effective.


1.) On October 1, MAP Consulting Company borrows $15,000 cash on a note payable from ABC Bank with terms of 120 days @ 10%. They agreed to use a 360-day year for simple interest calculations. MAP Consulting Company’s fiscal year ends on December 31. Journalize the following transactions: 10/01—the initiation of the note, 12/31—the adjusting entry for accrued interest (hint: accrue for 90 days), and 02/01 payment of the note on its due date. 

 1. Explain why knowing the variability (ex. standard deviation or range) of a variable just as important as knowing the central tendency?


2. A researcher has collected two different samples. Both samples of 20 individuals have a mean of 12 on the same measure. However, one sample has a standard deviation of 4 and the other has a standard deviation of 8. Describe the differences between the two samples.

1. Achieving Academic Excellence involves:
a. Devoting as much time as possible studying.
b. Knowing not only what to study, but how to study.
c. Passing this course.
d. Getting the most out of college.
 


2. Success in college requires:
a. Effective self-management.
b. Diligence.
c. Humor.
d. Being involved in social networks.

 


 
3. You want to discover your learning style because:
a. You are curious.
b. It lets you know how you learn best.
c. It makes learning easy.
d. You want to know if you are visual or auditory.

    • 12 years ago
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