Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable $ 7,600 Retained earnings $ 66,000 Buildings 80,600 Notes payable (due in 9 years) 62,000 Prepaid rent 8,600 Office supplies 5,200 Merchandise inventory 17,200 Land 54,000 Accounts payable 26,000 Accumulated depreciation-Building 8,200 Prepaid insurance 6,200 Mortgages payable (due in 5 years) 44,000 Accounts receivable 20,000 Cash 48,000 Common stock 26,000 Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

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In a high school with 3000 students, counselors are putting together a math tutoring program for the neighboring middle school. they plan to invite high school students with high average test scores to tutor middle school students, and they would like to offer gift cards to the student tutors. the counselors have a spreadsheet showing each student’s average test scores, and in order to find out how many gift cards they should purchase, the counselors need to count how many students would qualify to become tutors. which type of function would best the counselors determine the number of eligible students?