The following are the transactions relating to the formation of Cardinal Mowing Services, Inc.. and its first month of operations. a. The firm was organized and the initial stockholders invested cash of $540.
b. The company borrowed $810 from a relative of one of the initial stockholders a short-term note was signed
c. Two zero-turn lawn mowers costing $432 each and a professional trimmer costing $117 were purchased for cash. The original list price of each mower was $549 but a discount was received because the seller was having a sale.
d. Gasoline, oil and several packages of trash bags were purchased for cash of $81
e. Advertising flyers announcing the formation of the business and a newspaper ad were purchased The cost of these items $153 will be paid in 30 days
f. During the first two weeks of operations 47 lawns were mowed. The total revenue for this work was $635: $419 was collected in cash, and the balance will be received within 30 days.
g. Employees were paid $378 (or their work during the first two weeks.
h. Additional gasoline oil, and trash bags costing $59 were purchased for cash
i. In the last two weeks of the first month, revenues totaled $828 of which $338 was collected
j. Employee wages for the last two weeks totaled $459 these will be paid during the first week of the next month.
k. It was determined that at the end of the month the cost of the gasoline, oil and trash bags still on hand was $27
I. Customers paid a total of $135 due from mowing services provided during the first two weeks The revenue for these services was recognized in transaction f
Required: Prepare the journal entries for above of the transactions (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) The firm was organized and the initial stockholders invested cash of $540.

This problem has been solved! see the answerchapter 19 problem #8. quality and financial control (connect, perform)part one: geometrica designs and builds domes and space frames for large buildings. while the company had developed quality standards over time to respond to different client problems and training needs, it lacked a unified quality system, and its global client base wanted assurance that geometrica met an established international standard for quality. which of the following was an appropriate step for this company to take? a) reform its accounting and financial reporting systems to comply with sarbanes-oxleyb) establish and document a quality management system to comply with iso 9000management at workyou are the new fleet manager at xpressship, a package delivery company. as your first project, your boss has asked that you to look into implementing an electronic monitoring system for the fleet of 2,000 trucks your company owns. a recent internal audit on maintenance and repair costs on the company’s vehicles revealed while maintenance was performed regularly on the trucks, mileage or use had not been taken into account. this resulted in approximately $20,000 of unneeded repairs. you know that telematics have been used by other companies with fleets of cars or trucks and it will allow your company to not only track mileage and use, but also part replacement needs, vehicle oil pressure, and drivers’ speed and real time location. tracking these items can reduce maintenance costs while improving efficiency. you find that a simple computer can be installed in each vehicle. when the drivers return at the end of the day, the telematics information from each vehicle will be uploaded to a master computer where a software program will generate a report with results on the variables you have selected.early one morning as you are getting a cup of coffee, a few drivers that have been with the company for many years approach you with some concerns. eldon, the most senior driver says, “i heard you’re installing some type of computer to track our driving. my buddy works over at parcel and post package delivery and he said they’ve got these computers, too. he said managers are writing people up and firing drivers for speeding or not wearing seat belts. are you going to do that to us, too? ”part two: as a manager, which of the following statements would be effective in maintaining a positive relationship with company drivers? check all that apply.a) at this time, xpressship will be using telematics to monitor maintenance and repair needs, not drivers’ motoring habitsb) although the company isn’t doing so now, when xpressship begins to monitor driver motoring habits, the company will encourage them to keep a separate daily log where they can document any unusual circumstancesc) while xpressship could monitor things like speed, location, and idle time, the company trusts their drivers and will not be using that data in disciplinary decisionsd) xpressship executives are happy with their technology and believe that implementation is ideal for your organization

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls

Need true or false 1 2 3 4 5 6 7 8