Selected Data from BR Co

question 96

Essay

Selected data from BR Co.'s accounting system are provided below.All balances are before year-end adjustments and all data relate to the year ended December 31,2011.Determine the amount that will be reported for each of the items in the table below,after the appropriate adjustments have been made using the following information below.The table does NOT include all of the accounts that will be adjusted.
a.A note payable of $10,000 has been unpaid all year and bears interest at 8%.
b.Equipment with a cost of $20,000,a 5-year estimated useful life,and a $5,000 estimated residual value was owned and used all year.
c.$50 of the supplies are unused at the end of the period.
d.The Prepaid rent balance relates to a $1,500,12-month lease beginning on October 1,2011.
e.$15,000 rent revenue has been earned but not yet collected from tenants.
f.Employees have earned an additional $25,000 in salaries,but have not yet been paid.

Analyze the reasons for higher divorce rates in remarriages compared to first marriages.

Explore the effects of remarriage on family roles and caregiving in the context of an aging population.

Understand the importance and functionality of patient portals within EHR systems.

Recognize the advantages of integrating ancillary programs with EHR systems.

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Definitions:

Correlation Coefficient

A statistical measure that indicates the extent to which two variables change together, ranging from -1.0 to +1.0.

Direction

Guidance or supervision towards a specific aim or goal; also refers to the course along which something moves.

Strength

The quality or state of being physically strong.

Negatively Correlated

A connection between two factors where as one factor rises, the other falls, and the reverse is also true.