On october 1, 20y6, jay crowley established affordable realty, which completed the following transactions during the month: oct. 1 jay crowley transferred cash from a personal bank account to an account to be used for the business in exchange for common stock, $31,000. 2 paid rent on office and equipment for the month, $2,850. 3 purchased supplies on account, $2,350. 4 paid creditor on account, $800. 5 earned sales commissions, receiving cash, $16,160. 6 paid automobile expenses (including rental charge) for month, $1,640, and miscellaneous expenses, $560. 7 paid office salaries, $2,700. 8 determined that the cost of supplies used was $1,500. 9 paid dividends, $2,600. 1. journalize entries for transactions oct. 1 through 9. refer to the chart of accounts for exact wording of account titles. 2. post the journal entries to the t accounts, selecting the appropriate date to the left of each amount to identify the transactions. determine the account balances, after all posting is complete. accounts containing only a single entry do not need a balance. 3. prepare an unadjusted trial balance as of october 31, 20y6. 4. determine the following: a. amount of total revenue recorded in the ledger. b. amount of total expenses recorded in the ledger. c. amount of net income for october. 5. determine the increase or decrease in retained earnings for october.

Onsider the following subscription behavior information from genie, a web site that provides tools for constructing a family tree (ancestor search). subscriptions cost $9.99 per month, but you are charged for the entire year at the time of purchase. there is a one-year minimum term when you sign up for the service. once purchased, subscriptions are set to renew automatically unless the subscriber cancels them. when a membership renews, it renews for a one-year term and again you are charged for the entire year. there are no variable costs associated with providing this service to an individual customer, but genie does engage in customer relationship activities that they believe will increase customer retention. these customer relationship activities cost genie about $10 per year per customer. based on a sample of 1000 customers that joined genie five years ago, near the time when the company was founded, they were able to determine how many of those customers remained subscribers in the second year, third year etc. based on this information, genie calculated the average annual retention rate to be 20%. genie uses an annual discount rate of 8%. a. last year, genie spent $10,000 placing advertisements on google. genie management believes that these advertisements were responsible for about 300 new subscribers. would you recommend to genie management that they purchase more google ads? b. suppose a newly-introduced loyalty program increases the number of customers that remained to 30%. does this new data change your answer to 9.a? c. do you have any hesitations or concerns about making recommendations to management based on your above estimate of customer lifetime value?

15. chef a insists that roux is the traditional thickener for bisque. chef b insists that it's rice. which chef is correct? a. neither chef is correct. b. both chefs are correct. c. chef b is correct. d. chef a is correct.

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