Yard Designs (YD) experienced the following events in 2016, its first year of operation:

1. On October 1, 2016, YD collected $54,000 for consulting services it agreed to provide during the coming year.

2. Adjusted the accounts to reflect the amount of consulting service revenue recognized in 2016.

Required

Based on this information alone,

Record the events under an accounting equation.

In this chapter, we defined a supply chain as a network of manufacturers and service providers that work together to create products or services needed by end users. What are some of the different supply chains that support a product such as the Apple iPhone? How does Apple manage the supply chain that allows users to download various software applications (or “apps”) to their iPhones?

Garcia Corporation recently hired a new accountant with extensive experience in accounting for partnerships. Because of the pressure of the new job, the accountant was unable to review what he had learned earlier about corporation accounting. During the first month, he made the following entries for the corporation’s capital stock.

May 2       Cash                                            104,000
              Capital Stock                                             104,000
                (Issued 8,000 shares of $10 par value
                common stock at$13 per share)
                
   10       Cash                                            530,000
              Capital Stock                                             530,000
                (Issued 10,000 shares of $20 par value
                preferred stock at$53 per share)
 
   15       Capital Stock                                     7,200
              Cash                                                        7,200
                (Purchased 600 shares of common stock
                for the treasury at $12 per share)

Instructions

On the basis of the explanation for each entry, prepare the entries that should have been made for the capital stock transactions.

Determine the number of significant figures in each measurement. 0.000482 mL

Run the Unit Circle software. Drag the point P slowly around the circle. Note the sign of each trigonometric ratio in each quadrant.

$$\begin{matrix} \text{Quadrant} & {\cos \theta} & {\sin \theta} & {\tan \theta}\\ \text{1} & \text{positive}\\ \text{2} & \text{ }\\ \text{3} & \text{ }\\ \text{4} & \text{ }\\ \end{matrix}$$

Round each number to four significant figures. 0.00078100 mL

In the following sentence, underline any error in the use of the comparative or superlative form of a modifier, and write the correct form above the incorrect form.

Did you enjoy the movie or the dinner afterward most?

How many significant figures should each answer be rounded?

Your examination of the records of a company that follows the cash basis of accounting tells you that the company’s reported cash-basis earnings in 2014 are $33,640. If this firm had followed accrual-basis accounting practices, it would have reported the following year-end balances.

$$\begin{array}{lcc} \text{}&\underline{\textbf{2014}}&\underline{\textbf{2013}}\\ \text{Accounts receivable}&\text{\$\hspace{1pt}3,400}&\text{\$\hspace{1pt}2,800}\\ \text{Supplies on hand}&\text{\hspace{7pt}1,300}&\text{\hspace{7pt}1,460}\\ \text{Unpaid wages owed}&\text{\hspace{7pt}2,000}&\text{\hspace{7pt}2,400}\\ \text{Other unpaid expenses}&\text{\hspace{7pt}1,400}&\text{\hspace{7pt}1,100}\\ \end{array}$$

Instructions

Determine the company’s net earnings on an accrual basis for 2014. Show all your calculations in an orderly fashion.

Use a computer to graph the function using various domains and viewpoints. Get a printout of one that, in your opinion, gives a good view. If your software also produces level curves, then plot some contour lines of the same function and compare with the graph. $f(x, y)=\left(1-3 x^{2}+y^{2}\right) e^{1-x^{2}-y^{2}}$

Determine the number of significant figures in each measurement: 0.004 $m^3$

How many significant figures are there in each of the following values? 300

Use calculus to find the area of the triangle with the given vertices.

$$(-2,5),(0,-3),(5,2)$$

Use the Second Fundamental Theorem of Calculus to find F’(x). F(x) = ∫_(-3)^x (t²+3t+2) dt