The following information applies to the questions displayed below. The accounts and balances for Paw Prints Pet Sitters on November 1 are provided below. Cash 19,450 Fees Income Rent Expense -0- Accounts Receivable 890 -0- 2, 300 Utilities Expense Office Equipment -0- Salaries Supplies 250 0- Expense Accounts Payable Kelly Connor, Capital Kelly Connor, Drawing 1,400 21,490 -0- The following transactions occurred during the month of November a. Collected $350 from credit customers. b. Issued a check for $700 for November's renta. Collected $350 from credit customers. b. Issued a check for $700 for November's rent. c. Paid $1,900 for salaries. d. The owner withdrew $500 in cash for personal expenses. e. Issued a check for $200 to pay the monthly utility bill. f. Received $2,845 in cash for services performed. g. Purchased office equipment for $1,350 on credit. Post the above transactions into the appropriate T accounts.

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76

Sarah is an accountant with desires to open her own business. she is looking for office space at a reasonable rate along with internet service. of the conditions that need to be put in place for the entrepreneurial ecosystem, she needs