On april 1, the company retained an attorney for a flat monthly fee of $2,000. payment for april legal services was made by the company on may 12. as of april 30, $1,533 of interest expense has accrued on a note payable. the full interest payment of $4,600 on the note is due on may 20. total weekly salaries expense for all employees is $12,000. this amount is paid at the end of the day on friday of each five-day workweek. april 30 falls on a tuesday, which means that the employees had worked two days since the last payday. the next payday is may 3. the above three separate situations require adjusting journal entries to prepare financial statements as of april 30. for each situation, present both: the april 30 adjusting entry. the subsequent entry during may to record payment of the accrued expenses. (use 360 days a year. do not round intermediate calculations.)

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Cindy recently played in a softball game in which she misplayed a ground ball for an error. later, in the same game, she made a great catch on a very difficult play. according to the self-serving bias, she would attribute her error to and her good catch to her

Based on the supply and demand theory, why do medical doctors earn higher wages than child-care workers?