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James Inc. purchased equipment and these costs were incurred: Cash price                                             $65,000 Sales taxes                                               3,600 Insurance during transit                               640 Installation and testing                                 860 Total costs                                            $70,100 Presto will record the acquisition cost of the equipment as…

Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2015 are as follows:                                                            Units              Per unit price        Total Balance, 1/1/15                                  200                     $5.00           $1,000 Purchase, 1/15/15                              100                       5.30                530 Purchase, 1/28/15                               100                       5.50                550   An end of the month (1/31/15) inventory showed that 160 units were on hand. If the company uses LIFO, what is the value of the ending inventory?

Which of the following statements about voter participation among young people is most accurate?

The weekly assignments are due every ________ by 11:59 pm?

Which offense is a violation of the TSC Honor Code?

Effie Company uses a periodic inventory system. Details for the inventory account for the month of January, 2015 are as follows:                                                                        Units                 Per unit price           Total Balance, 1/1/15                                             200                          $5.00              $1,000 Purchase, 1/15/15                                        100                            5.30                    530 Purchase, 1/28/15                                        100                            5.50                    550   An end of the month (1/31/15) inventory showed that 160 units were on hand. How many units did the company sell during January, 2015?

Which of the following statements best describes the author’s purpose in William Blake’s “The Tyger?” 

On January 1, 2015, Smith Corporation issued $5,000,000, 10-year, 8% bonds at 102. Interest is payable annually on January 1. The journal entry to record this transaction on January 1, 2015 is a.  Cash…………………………………………………………………………… 5,000,000                Bonds Payable…………………………………………………….                        5,000,000   b.  Cash…………………………………………………………………………… 5,100,000                Bonds Payable…………………………………………………….                        5,100,000   c.  Premium on Bonds Payable………………………………………….. 100,000       Cash…………………………………………………………………………..5,000,000                Bonds Payable…………………………………………………….                        5,100,000   d.  Cash…………………………………………………………………………… 5,100,000                Bonds Payable…………………………………………………….                        5,000,000                Premium on Bonds Payable…………………………………..                           100,000

In William Blake’s “The Tyger,” how does the line “Did He who made the Lamb make thee?” (Line 20) contribute to the the development of the poem? 

Nick’s Place recorded the following data:                                                           Units                                  Date                Received         Sold     On Hand             Unit Cost 1/1 Inventory                                             600              $2.50 1/8 Purchased     1,000                          1,600                 3.00 1/12 Sold                               1,200          400   The weighted average unit cost of the inventory at January 31 is: