Journalize the Following Municipal Zoo Transactions in the Lackluster County

question 21

Essay

Journalize the following municipal zoo transactions in the Lackluster County Enterprise Fund:
1.The zoo issued $1,000,000 of 5% revenue bonds at 99 on July 1,2014 (an interest payment date).The bond proceeds are to be used for a new polar bear exhibit and the issue will mature in 20 years.Interest is paid on January 1 and July 1.
2.Depreciation for the year-ended December 31,2014 included $175,000 for buildings and $105,000 for outdoor exhibit areas.
3.The zoo paid $800,000 in construction costs for the new exhibit.The exhibit is still under construction.
4.Interest on the revenue bonds was accrued at year-end,December 31,2014.Straight-line amortization is used for bond discounts and premiums.

Understand the concept of Hardy-Weinberg equilibrium and its assumptions.

Recognize the effects of inbreeding on genetic diversity.

Identify different evolutionary forces and their impacts on allele frequencies.

Explain the concepts of genetic drift, the founder effect, and bottlenecks.

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Definitions:

Intermediate

A level of proficiency that falls between beginner and advanced, often indicating a moderate grasp of skills or knowledge.

Homozygous

Having inherited two genes of the same allelic form for a trait.

Allelic Form

Allelic form refers to the variant form of a gene that arises by mutation and is found at the same place on a chromosome as other alleles of the gene, leading to genetic diversity within a population.

Ontogenetic

Pertaining to the development of an individual organism or individual anatomical or behavioral characteristic from conception to maturity.