An old manuscript reveals that a landowner in the time of King Arthur held 3.00 acres of plowed land plus a livestock area of 25.0 perches by 4.00 perches. What was the total area in the more modern unit of square meters? Here, 1 acre is an area of 40 perches by 4 perches, 1 rood is an area of 40 perches by 1 perch, and 1 perch is the length 16.5 ft.

Listed below are nine technical accounting terms used in this chapter:

$$\begin{array}{lll}\text { Unrecorded revenue } & \text { Adjusting entries } & \text { Accrued expenses } \\ \text { Book value } & \text { Matching principle } & \text { Accumulated depreciation } \\ \text { Unearned revenue } & \text { Materiality } & \text { Prepaid expenses }\end{array}$$

Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.
h. An expense representing the systematic allocation of an asset's cost over its useful life.

Constructing a rain gutter is a design for a rain gutter.

Express the volume $V$ as a function of $\theta$.

Listed below are nine technical accounting terms used in this chapter:

$$\begin{array}{lll}\text { Unrecorded revenue } & \text { Adjusting entries } & \text { Accrued expenses } \\ \text { Book value } & \text { Matching principle } & \text { Accumulated depreciation } \\ \text { Unearned revenue } & \text { Materiality } & \text { Prepaid expenses }\end{array}$$

Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer "None" if the statement does not correctly describe any of the terms.
f. A type of account credited when customers pay in advance for services to be rendered in the future.

The area of the United States is about 6,000,000 square miles. The area of Hawaii is about 11,000 square miles. Use an indirect proof to show that at least one of the fifty states has an area greater than 120,000 square miles.

Katie Vote owns a small business that rents computers to students at the local university for the 9-month school year. Katie’s typical rental contract requires the student to pay the year’s rent of $1,800 ($200 per month) in advance. When Katie prepares financial statements at the end of December, her accountant requires that Katie spread the $1,800 over the 9 months that a computer is rented. Therefore, Katie can recognize only$800 revenue (4 months) from each computer rental contract in the year the cash is collected and must defer recognition of the remaining $1,000 (5 months) to next year. Katie argues that getting students to agree to rent the computer is the most difficult part of the activity so she ought to be able to recognize all$1,800 as revenue when the cash is received from a student.

Required:

Explain why generally accepted accounting principles require the use of accrual accounting rather than cash-basis accounting for transactions like the one described here.

a. What are the three main particles in the modern model of an atom? b. Why do atoms have no electric charge even though most of their particles have charges? c. What is atomic number, and how is it used to distinguish one element from another? d. The atomic number of the isotope nitrogen-15 is 7 . How many protons, neutrons, and electrons make up an atom of nitrogen-15?

The Lyric Opera of Chicago is one of the largest and best-managed opera companies in the United States. Managing opera productions requires advance planning, including the development of scenery, costumes, and stage properties and the sale of tickets. To measure how well the company is operating in any given year, management must apply accrual accounting to these and other transactions. At year-end, April 30, 2011, Lyric Opera’s balance sheet showed deferred production costs and other assets of $1,978,322 and deferred ticket and other revenue of$12,710,639. What accounting policies and adjusting entries are applicable to these accounts? Why are they important to Lyric Opera’s management?

In each sentence below, a modifier is underlined. If the form of the modifier is incorrect, write the correct form above it. If it is already correct, write $C$ above it. Example 1. When he got up, Benjamin felt $\underline{\text{badder}}$ (worse) than when he had gone to bed.

10. Modern science fiction moves have gooder special effects than early movies did.

The following situations describe decision scenarios that could use managerial accounting information:

1. The manager of High Times Restaurant wants to determine the price to charge for various lunch plates.
2. By evaluating the cost of leftover materials, the plant manager of a precision tool facility wants to determine how effectively the plant is being run.
3. The division controller of West Coast Supplies needs to determine the cost of products left in inventory.
4. The manager of the Maintenance Department of a large manufacturing company wants to plan next year's anticipated expenditures.

For each situation, discuss how managerial accounting information could be used.

Thomas Jefferson was born in 1743. How old was he when he was elected president of the United States in 1800? (Write an equation and solve the problem.)

Design an experiment to find out the effect of water temperature on frog egg development.

What is visual hierarchy in map design? How is the hierarchy related to the map purpose?

According to the Federal Bureau of Investigation, there is a violent crime in the United States every 22 seconds ( $A B C$ News, September 25, 2007). Assume that the time between successive violent crimes is exponentially distributed.

a. What is the probability that there is a violent crime in the United States in the next one minute?

b. If there has not been a violent crime in the previous minute, what is the probability that there will be a violent crime in the subsequent minute?