Below are the account balances for cowboy law firm at the end of december. accounts balances cash $ 4,000 salaries expense 1,500 accounts payable 2,000 retained earnings 4,400 utilities expense 1,000 supplies 12,400 service revenue 7,900 common stock 4,600

required: use only the appropriate accounts to prepare an income statement.

Aminor has the legal right to repudiate

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.