On April 1, Sharon Lee established Lee's Travel Agency. The following transactions were completed during the month. 1. Invested $14,000 cash to start the agency.
2. Paid $500 cash for April office rent.
3. Purchased equipment for $2,000 cash.
4.Incurred $900 of advertising costs in the Chicago Tribune, on account.
5. Paid $900 cash for office supplies.
6. Performed services worth $11,000: $3,500 cash is received from customers, and the balance of $7,500 is billed to customers on account.
7. Withdrew $400 cash for personal use.
8. Paid Chicago Tribune $700 of the amount due in transaction (4).
9. Paid employees' salaries $2,900.
10. Received $4,500 in cash from customers who have previously been billed in transaction (6).

Requried:
Complete the tabular analysis of the transactions.

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Laval produces lamps and home lighting fixtures. its most popular product is a brushed aluminum desk lamp. this lamp is made from components shaped in the fabricating department and assembled in the assembly department. information related to the 22,000 desk lamps produced annually follows.direct materials $280,000direct labor fabricating department (8,000 dlh × $24 per dlh) $192,000assembly department (16,600 dlh × $26 per dlh) $431,600machine hours fabricating department $15,200mhassembly department $20,850mhexpected overhead cost and related data for the two production departments follow.fabricating assemblydirect labor hours 150,000dlh 295,000dlhmachine hours 161,000mh 128,000mhoverhead cost $400,000 430,000required1. determine the plantwide overhead rate for laval using direct labor hours as a base.2. determine the total manufacturing cost per unit for the aluminum desk lamp using the plantwide overhead rate.3. compute departmental overhead rates based on machine hours in the fabricating department and direct labor hours in the assembly department.4. use departmental overhead rates from requirement 3 to determine the total manufacturing cost per unit for the aluminum desk lamps.

How many months does the federal budget usually take to prepare