On september 1, 2019, carolina electronics company has 1,000 blu-ray players ready for sale. on october 1, 2019, 900 are sold at $125 each with a 1-year assurance-type warranty. carolina estimates that the warranty cost on each blu-ray player sold will probably average $10 per unit. during the final 3 months of 2019, carolina incurred warranty costs of $4,000, and in 2020 warranty costs were $5,000. required:

1. prepare the journal entries for the preceding transactions.
2. show how the preceding items would be reported on the december 31, 2016, balance sheet.
3. prepare the journal entries for the preceding transactions using the modified cash basis method.
4. next level which method produces the better measure of income? why?

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?

Paying attention to the purpose of her speech, which questions can she eliminate? a. 1 and 2 b. 3 c. 2 and 4 d. 1-4