Monday, December 30, 2019

Career in Psychology Personal Narrative Essay - 935 Words

My entire life I have always been on the search of a career that would fit my persona, fit who I truly am, and to become someone who will constantly have the ability to help people through their difficult problems that they face. Throughout my life I have been deemed the type of person that people felt comfortable coming to with their problems. Maybe people feel this way because they sense that I have a sympathetic ear? Well, all I can say is that human behavior has always seemed interesting to me and that is probably why I made the decision to go down the psychology career pathway. I believe that choosing this career is much like how the Freedom Writers chose to beat stereotypes in the book The Freedom Writers Diary. I can compare my†¦show more content†¦I had the opportunity to sing to Anne Franks best friends, Jopie and Lies, but I didnt. Two people were needed to sing the song â€Å"Hero,† but I never told anyone that I could sing. I really wanted to sing to them because Anne Frank is my hero and the song would have tied in perfectly, but the thought of telling anyone scared me. (TFWD 142) This quote made me feel like Im not alone in feeling scared to do what I want, but it did help me to want to achieve my goal because in the book I could tell the student regretted not speaking up, but I want to speak up and make my dreams come true. I have decided to plan to earn a masters degree in psychology and become a licensed marriage and sex psychologist. I have been greatly considering attending Fresno State to achieve my masters degree in psychology, but lately I have been trying to explore different schools in and out of town that may be beneficial for me to consider attending. Even though I am scared to go out of town, or even out of state to attend college, if it means that I will get a better education and become a licensed marriage and sex psychologist then I would be making an illogical decision based on my fears of leaving the comfort of my moms home. I know that many people look down at such an indifferent career choice, but keeping in mind that my parents support my decision makes it easier for me to look past all the negative outlooks on my career choice and focus on all the great benefits that thisShow MoreRelatedThe Secret Language Of Clinical Psychology972 Words   |  4 PagesPsychologists. The article, Women Entering Clinical Psychology: Q-Sort Narratives of Career Attraction of Female Clinical Psychology Trainees in the UK was published on September nineteenth, 2011 by Martyn Baker and Jen Nash. This article discusses about a vast amount of women in the UK are attracted to the clinical psychology workforce. This article is on a study that tests how the women are attracted to clinical psychology through the use of five narratives of attraction. This article can be very difficultRead MoreAnalysis Of The Book Flowers On The Attic By J.k. Rowling Essay1186 Words   |  5 Pagesnot only have been one of Alexander’s closest confidants, but to have also shared a deep romantic love with him. It is written in first-person narrative which transported me into the historical world, which at times made it an uncomfortable place to be, especially when he was being castrated. I realized and was marveled over how the first-person narrative brings the story to life in a very different way. My own research into the writing of this piece impressed and fascinated me with how much workRead MoreWhat Makes Me Different? Essay1408 Words   |  6 Pageswas to write about a personal experience in which we had to survive. I knew that I had been through a few survival-like situations with my father while he was off of his medication, but I did not want the class to know about my personal life. I spoke to my professor about it and she enc ouraged me to write about the topic, and even went so far to make the submitting of the assignment anonymous so that the class could be a safe space. What was produced from that was a narrative titled â€Å"One Person SurvivingRead MoreEssay988 Words   |  4 Pagesperfection. Each person’s narrative comes together—by the page, sentence, word, and punctuation. Our individual and collective experiences are all a part of the reality we ascribe to ourselves and the world, and like with any draft, parts of it may be scrapped for something new. With my career, I plan to answer two questions: 1) How can people learn more about their personal world and other people in a creative, engaging way? 2) How can one utilize and alter the multifaceted narratives that make up theirRead MoreApplication Of Songwriting Intervention At My Outpatient Adolescent Group Last Month1385 Words   |  6 Pagesintervention in my outpatient adolescent group last month. All eight patients appeared engaged while cutting out quotes, drawing, and gluing words meant to express how they view positive change in their lives. Each young person openly shared their narrative, all except one. With two minutes left of the group, she sighed and read her words aloud. A suicide note slowly formed. I asked several questions about the person in the song, ensured that the patient would be safe, and immediately sought out theirRead MoreGender Roles And Women s Careers1532 Words   |  7 PagesGlobal statistics document an increase in women’s careers in the professions and portray successful female roles in the industrial, political and financial areas, with some variation in different regions of the world. Nonetheless, women hold only a small percentage of board seats and other influential positions in these areas worldwide. It is also known that presently, women see themselves as progressive and career-oriented. Yet in the treatment rooms of the mental health professionals they shareRead MoreCollege Students Exposure to Mental Illness743 Words   |  3 Pageslevel of stress (either personal or educational) are studied and surveyed then compared to the signs and symptoms of depression and the mental illness bipolar disorder. Upon reading this proposal students and peers should consider their own lives as well as the lives of those who attended college and their personal struggles in which they had to overcome to succeed. Purpose of Study Although, many college students live on to see their graduation and build their careers they can still face adultRead MoreFactors Affecting Students in Terms of Comprehension and Literature1495 Words   |  6 Pagesopportunities to develop and see a way out of your personal suffering/situation. In exploring our relationships we also explore the way that everything we do is dependent on the context of our lives. The fluid and relational nature of existential psychotherapy/counselling makes it a relevant and useful approach for the hugely varied and individual challenges life presents to each one of us, in a unique way. Existential therapy is a branch of psychology that deals with the relationship each human beingRead MorePerson Centered Therapy : A Type Of Therapeutic Approach Essay1581 Words   |  7 PagesEver since the father of psychology earned his title, there have been many different approaches to how and what therapies are best to use when treating a range of clients. Freud, Erickson, Maslow, and Carl Rogers are some of the few that recognized an importance in a type of therapeutic approach. However, while each man has their own different take on therapeutic approach, the main thing that is unavoidable between them all is that the beginning of healing starts with self. Person Centered TherapyRead MoreResearch Intervention And Prevention Programs867 Words   |  4 Pagesthis was upsetting to me, it motivated me to pursue a career in developmental psychology where I could impact children in need of effective intervention and prevention programs. Earning this degree from Vanderbilt University would allow me to research intervention and prevention programs that will promote positive social, emotional, and academic outcomes for children. Another influential experience was completing my honors thesis project on personal growth of students who were studying abroad. Studying

Saturday, December 21, 2019

Essay about Gerrymandering - 886 Words

Gerrymandering When I thought of the topic Gerrymandering, I thought perhaps it would be too far-fetched when it came to the Rubric designed in a women studies class. But, on further review of the subject matter I realized how important this practice is to study, and how it can be used for both good and evil concepts in the political scheme of things. Gerrymandering is a form of boundary redistricting, in which the boundaries of an electoral district or constituency are modified for electoral purposes, often producing a contorted or unusual shape. The resulting district is known as a Gerrymander. Gerrymandering is used as a potential way to achieve desired electoral results for a particular party, or may be used to†¦show more content†¦By placing high percentages of members of a racial or ethnic minority group in one or more districts so that minority voting strength is artificially limited to those districts and is minimized in neighboring districts. This leads to Racially Polarized Voting, which creates circumstances in which the voting preferences of a racial or ethnic group consistently vary from those of other racial or ethnic groups, particularly when the different voting r=preferences are based on the race of the candidate this also is referred as Racial Bloc Voting. Undercount is a common practice in the error in census data that results from the failure to count some people in the census, which is done every ten years. This proves problematic as certain groups, such as members of racial or ethnic minorities, have been disproportionately undercounted by the Federal Census, either by voter registration ineffectiveness or the migratory nature of the poor in attempt to find work. Congressman John S. Tanner has proposed a bill which would limit the drawing of congressional boundaries to once per decennial census period, and require the approval of a new district boundary by an independent commission. The most absurd district in the nation is the district of Illinois #4. They have two halves held together by a thin strip of land at its western edge that is a median strip along Interstate Hwy 294. The idea behind this wasShow MoreRelatedThe Detrimental Practice of Gerrymandering1004 Words   |  5 Pagesgreatly harm the American public. One of these dangerous practices, known as gerrymandering, occurs in nearly every state. While some claim that the practice helps America, in reality gerrymandering harms American democracy and safety. Gerrymandering greatly affects society, and must become illegal to insure fair representation, the democratic processes in America continues, and America continues to thrive. When gerrymandering occurs, a political party draws the boundaries of an electoral district inRead MoreShould Voting Be Outlawed? A Cornerstone Of America?1859 Words   |  8 Pagesagree that gerrymandering should be outlawed but where this agreement usually ends, however, is on the question of how to stop it. Whereas some are convinced that the responsibility falls upon the judicial system, others maintain that the courts are ineffective in managing gerrymandering and so turn to other solutions. Despite gerrymandering being a big problem in the United states, many do not even know what it is or that it even exists. There is no simple definition for gerrymandering. In generalRead MoreVoting Rights Act of 1965 Essay1082 Words   |  5 PagesThe history of â€Å"gerrymandering† started during the term of Elbridge Gerry, the Governor of Massachusetts, when he approved an obscure redistricting plan ahead of the 1812 elections that helped Republicans hold on to power in the legislature. One of the redistricted districts that primarily consisted of a one party defendant was shaped as a salamander, which later gave rise to this political term (Keck, 2010). The term relates to the drawing of the boundaries of electoral districts in a way that givesRead MoreEssay on Gerrymandering1064 Words   |  5 Pages English 1101 January 22, 2014 Gerrymandering Gerrymandering is defined as the establishment of boundaries of voting districts with the main objective of determining the partial or complete outcome of elections. Gerrymanders are designed with the main objective of insuring the defeat of specific individuals or electing political allies. There are a number of objectives of gerrymandering. Gerrymandering is usually carried out in order to allow for the reelection of incumbents or for the partyRead MoreGerrymandering Reflection951 Words   |  4 Pagesway, let’s get to it. Mission Two and Mission Four really develop and strengthen my general understanding on the topic of â€Å"gerrymandering†. I am going to be completely honest, before that day in which we discussed it in class, I didn’t have a single clue to what gerrymandering pertained to. I feel like the videos you provided me helped develop a sense of why â€Å"gerrymandering† is bad and how it affects politics. The redistricting game helped sho w me how ridiculously one party can take control of theRead MoreThe American Political System Is The Most Effective Constitution915 Words   |  4 Pagesmany issues we see today. Why would chosen leaders choose gridlock over working things out? At the heart of the gridlock is Gerrymandering. When the voting districts are made to represent a certain demographic its leader will represent their constituents. Therefore, in order to continue to be reelected the leader must say what the constituent wants to hear. â€Å"Partisan gerrymandering is not an ingenious aspect of the American system, meriting pride. It undermines democracy. It creates a situation in whichRead MoreThe Concept of Political Representation Essay2655 Words   |  11 Pagesdifferent types of constituents. Researchers could also expand Miller and Stokes’ study to look at levels of responsiveness in different issue areas over a longer period of time. In addition, there appear to be inconsistent results on the effect of gerrymandering on representation. This is an important issue that should be explored in more detail. Read MoreGerrymandering: Election and Politicians1235 Words   |  5 Pagesï » ¿Gerrymandering The term gerrymandering refers to the practice of altering voting districts in order to achieve electoral results favorable to one person or party, usually the incumbent politician or party creating the new voting regions.1 This term, dating back to 1812, is an established method for incumbent politicians to improve their heresthetical â€Å"defense,† by manipulating the dimensions of the political landscape.2 This tactic is extremely common in the United States and a prime exampleRead MoreGerrymandering: Plurality Voting System and Redistricting Game1887 Words   |  8 Pagesdistrict court (3). In concluding the Partisan Gerrymandering simulation, was my party successful in re-districting to meet all of the Supreme Court, State Legislature, Governor’s and Courts ruling requirements? Our nations reliance upon winner-take-all elections and single member districts for Congressional elections without national standards has left our voting process open to the abuses of unfair partisan gerrymandering. In the Partisan Gerrymandering simulation game I played, I found that itRead MoreHow Gerrymandering Is The Leading Problem Facing America Today?936 Words   |  4 PagesFurthermore, the most distinct problem that the United States handles today is gerrymandering. Throughout this essay, it will be made clear that gerrymandering is the leading problem facing America today because it harms the equality of citizens. Before delving into the reasons for eliminating gerrymandering, it is first necessary to establish a definition of gerrymandering. According to Mike Stankiewicz, â€Å"Gerrymandering is a redistricting tactic that is used to increase the influence and power of

Friday, December 13, 2019

Advance Accounting 1 Free Essays

Joint Venture103 CHAPTER 6 SOLUTIONS TO MULTIPLE CHOICES 6-1: a Assets per Jessica Company- balance sheetP3,550,000 Jessica’s proportionate interest in assets of JV (50%) 1,000,000 Total assets of JessicaP4550,000 6-2: a Total liabilities only of Jenny Co. 6-3: b 6-4: b Investment of Heart P80,000 Profit share: Sales150,800 Cost of sales (150,800 ? 125%)120,640 Gross profit 30,160 Expenses 10,000 Net Profit 20,160 Profit/loss ratio x 40% 8,064 Balance of investment in JVP88,064 6-5: a CashP190,000 Merchandise inventory 29,360 Accounts receivable 150,800 Total assets 370,160 Sweet Co’s, proportionate interest x 60% Sweet Company’s share in total assetP222,096 6-6: a Sales7,200 Cost of sales PurchasesP10,000 Merchandise inventory, end (50% of P10,000)__5,000_5,000 Gross profit2,200 Expenses___500 Net profitP  1,700 104Chapter 6 6-7: b Original investment (cash)P10,000 Profit share (P1,700 / 2)___850 Balance of Investment accountP10,850 6-8: a Joint venture account before profit distribution (credit balance)P  9,000 Unsold merchandise__2,500 Joint venture profit before fee to SalasP11,500 Joint venture profit after fee to Salas (P11,500 / 115%)P10,000 6-9: b Fee of Salas (P10,000 x 15%)P  1,500 Profit share of Salas (P10,000 x 25%)_2,500 TotalP  4,000 6-10: b SalasSalve Balance before profit distributionP  Ã‚  500 (dr)P  2,000 (cr) Profit share:Sabas (P10,000 x 40%)4,000 Salve (P10,000 x 35%)_______3,500 BalanceP  3,500 (cr)P  5,500 (cr) 6-11: d Joint venture account balance before profit distribution (debit)P   6,000 Joint venture profit (P4,500 x 3)_13,500 Cost of unsold merchandise (inventory) taken by DanteP19,500 6-12: b Edwin Capital: Debits: Balance before profit distributionP14,000 Credits: Profit share__4,500 Due from Edwin (debit balance)P   9,500 Joint Venture105 Settlement to Ferdie (Balance of capital account) Debits:P  Ã‚  Ã¢â‚¬â€œ0– Credits:Balance before profit distributionP16,000 Profit share__4,500_20,500 Due to Ferdie (credit balance)P20,500 Settlement to Dante (balance of JV Cash account) Debits:Balance before cash settlementP30,000 Due from Edwin__9,500P39,500 Credits:Due to Ferdie_20,500 BalanceP19,000 6-13: a JV account balance before profit distribution (cr)P  4,600 Unsold merchandise (required dr balance after profit distribution)__2,000 Joint venture profit before fee to JerryP  6,600 Joint venture profit after fee (P6,600 / 110%)__6,000 Fee to JerryP     600 6-14: d Harry CapitalIsaac Capital Balances before profit distribution(P  Ã‚  200)P  1,800 Profit distribution: Harry P6,000 x 50%)3,000 Isaac (P6,000 x 20%)1,200 Cash settlementsP  2,800P   3,000 6-15: b SalesP14,000 Cost of sales: Merchandise inventory, beg (contributions)P14,000 Freight300 Purchases__4,000 Goods available for saleP18,300 Merchandise inventory, end (P8,300/2)__4,15014,150 Gross profit (loss)(150) Expenses (P400 + P200)__600 Net profit (loss)P(  Ã‚  750) 6-16: c Contributions to the Joint Venture (P5,000 + P8,000)P13,000 Loss share (P750 x 50%)(  Ã‚  Ã‚  375) Unsold merchandise taken (withdrawal)(  Ã‚  4,150) Final settlement to jackP   8,475 106Chapter 6 SOLUTIONS TO PROBLEMS Problem 6 – 1 Books of Blanco (Manager)Books of Ablan JV Cash100,000Investment in JV90,000 Joint Venture90,000Merchandise inventory90,000 Cash100,000 Ablan Capital90,000 Joint Venture60,000 JV cash60,000 Joint Venture20,000 JV cash20,000 JV cash200,000 Joint Venture200,000 Computation of JV Profit Total debit to JVP170,000 Total credit to JVP200,000 Credit balance (Profit)P   30,000 Distribution Joint Venture30,000Investment in JV15,000 Profit from JV15,000Profit from JV15,000 Ablan capital15,000 Ablan capital105,000Cash105,000 JV cash105,000Investment in JV105,000 Cash155,000 JV cash155,000 Joint Venture107 Problem 6 – 2 Books of the Joint Venture 1. Computer equipment105,000 Ella capital60,000 Fabia capital45,000 2. We will write a custom essay sample on Advance Accounting 1 or any similar topic only for you Order Now Purchases80,000 Supplies2,000 Diaz capital82,000 3. Expenses9,000 Diaz capital9,000 4. Cash150,000 Sales150,000 5. Expenses30,000 Cash30,000 6. Merchandise inventory20,000 Ella capital20,000 7. Fabia capital10,000 Cash10,000 8. Adjusting and closing entries: (a)Expenses500 Supplies500 (b)Sales150,000 Income summary150,000 Income summary77,500 Merchandise inventory2,500 Purchases80,000 Income summary39,500 Expenses39,500 Distribution of profit: Income summary33,000 Diaz capital11,000 Ella capital11,000 Fabia capital11,000 108Chapter 6 Books of Diaz (1)Investment in Joint Venture82,000 Cash82,000 (2)Investment in Joint Venture9,000 Cash9,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Ella: (1)Investment in Joint Venture60,000 Computer equipment60,000 (2)Investment in Joint Venture20,000 Merchandise inventory20,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Fabia: (1)Investment in Joint Venture45,000 Computer equipment45,000 (2)Cash10,000 Investment in Joint Venture10,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Joint Venture109 Problem 6 – 3 1)No Separate Set of Joint Venture Books is Used Books of Duran (Manager) May1:Joint Venture12,500 Castro capital12,000 Cash500 7:JV cash10,000 Bueno capital10,000 26:Joint Venture9,500 JV cash9,500 30:JV accounts receivable16,000 Joint Venture16,000 June30:JV cash15,000 JV accounts receivable15,000 27:JV cash9,000 Joint Venture9,000 30:To record unsold merchandise taken by Duran: Merchandise inventory3,000 Joint Venture3,000 To record profit distribution: Joint Venture6,000 Profit from JV2,000 Bueno capital2,000 Castro capital2,000 To record settlements: Bueno capital12,000 Castro capital14,000 JV cash24,500 Cash1,500 Accounts receivable1,000 JV accounts receivable1,000 110Chapter 6 Books of Bueno May7:Investment in Joint Venture10,000 Cash10,000 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash12,000 Investment in Joint Venture12,000 Books of Castro May1:Investment in Joint Venture12,000 Merchandise inventory12,000 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash14,000 Investment in Joint Venture14,000 (2)A Separate Set of Books is used: Books of the Joint Venture May1:Merchandise inventory12,500 Castro capital12,000 Duran capital500 7:Cash10,000 Bueno capital10,000 26:Purchases9,500 Cash9,500 0:Accounts receivable16,000 Sales16,000 June20:Cash15,000 Accounts receivable15,000 27:Cash9,000 Sales9,000 Joint Venture111 June 30:Closing entries: Sales25,000 Income summary25,000 Income summary19,000 Merchandise inventory, end3,000 Merchandise inventory12,500 Purchases9,500 Distribution of profit: Income summary6,000 Bueno capital2,000 Castro capital2 ,000 Duran capital2,000 Settlements to Venturers: Bueno capital12,000 Castro capital14,000 Duran capital2,500 Merchandise inventory3,000 Accounts receivable1,000 Cash24,500 Books of Duran (Manager/Operator) May1:Investment in Joint Venture500 Cash500 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash2,500 Investment in Joint Venture2,500 Books of Bueno and Castro (Same as in No. 1 requirement) 112Chapter 6 Problem 6 – 4 (1)Books of Seiko (Manager/Operator) April1:JV Cash102,000 Notes payable – PNB34,000 Roles capital34,000 Timex capital34,000 May:Joint venture64,100 Cash16,300 Rolex capital7,800 June:Rolex capital30,000 JV cash30,000 Joint venture111,400 Cash37,400 Rolex capital64,700 Timex capital9,300 July:Cash40,000 Rolex capital15,000 Timex capital10,000 JV cash65,000 Joint venture55,770 Cash13,970 Rolex capital31,240 Timex capital10,560 August:Cash45,000 Rolex capital67,000 Timex capital13,500 JV cash125,500 Joint venture30,600 Cash9,730 Rolex capital16,560 Timex capital4,310 To record sales: JV cash (P421,000 x 96%)404,160 Joint venture404,160 Joint Venture113 To record payment of loan to PNB: Notes payable – PNB34,000 Rolex capital34,000 Timex capital34,000 Joint venture (Interest expense)8,000 JV cash110,000 To record distribution of profit: Joint venture134,290 Gain from JV (30%)40,287 Rolex capital (60%)80,574 Timex capital (10%)13,429 Computed as follows: Total debits tot he JV accountP269,870 Total credits to the JV account_404,160 Gain (credit balance)P134,290 To record settlement: Cash32,687 Rolex capital128,874 Times capital14,099 JV cash175,660 Computations: Settlement to Rolex – Balance of capital account: Debits:JuneP30,000 July15,000 August67,000 Payment of note payable_34,000P146,000 Credits:April 1P34,000 May47,800 June64,700 July31,240 August16,560 Profit share_80,574__274,874 Credit balanceP 128,874 114Chapter 6 Settlement to timex – Balance of capital account Debits:JulyP  10,000 August13,500 Payment of loan__34,000P  57,500 Credits:April 1P  34,000 June9,300 July10,560 August4,310 Profit share__13,429_71,599 Credit balanceP  14,099 Settlement to Seiko – Balance of JV cash account Debits:April 1P102,000 Loan proceeds_404,160P506,160 Credits:JuneP  30,000 July65,000 August125,500 Payment of loan_110,000_330,500 Balance of JV cash175,660 Less:Settlement to RolexP128,874 Settlement to Timex__14,099_142,973 Settlement to SeikoP   32,687 (2)Partial Balance Sheet June 30, 2008 Books of Seiko (Manager/operator) Current assets: Investment in joint Venture: Joint Venture assets: CashP  72,000 Joint Venture_175,500P247,500 Less:Equity of other venturers (P116,500 + P43,300)_159,80087,700 Current liabilities: Notes payable – PNB34,000 Joint Venture115 Computation of balances as of June 30, 2008: JV CashJoint Venture April 1P102,000P30,000JuneMayP   64,100 BalanceP   72,000June_111,400 BalanceP175,500 Notes PayableRolex capital P34,000AprilJuneP  30,000P  34,000April 1 47,800May _________64,700June P  30,000P146,500 P116,500 Timex capital P34,000April __9,000June P43,300 Problem 6 – 5 Consolidated Balance Sheet CashP  61,000 Receivables122,000 Inventory102,500 Other assets__40,500 Total assetsP326,000 Accounts payableP  61,000 Other liabilities96,500 Capital stock50,000 Retained earnings_118,500 Total liabilities and stockholders’ equityP326,000 Consolidated Income Statement SalesP246,750 Cost of sales_124,750 Gross profit122,000 Operating expenses__58,250 Consolidated net incomeP   63,750 16Chapter 6 Problem 6 –6 (a)Journal entries on venture books June 15:Cash1,000,000 MacDo1,000,000 Initial contribution at 6% July 1:Land2,400,000 Mortgage payable1,650,000 Cash 750,000 Purchased land for cash and 6% mortgage. Aug 1:Cash1,100,000 MacDo1,100,000 Additional contribution at 6%. Land 950,000 Cash 950,000 Paid for improvements. Sept 30:Mortgage payable 250,000 Interest expense- Mortgage 3,750 Cash 253,750 Reduced mortgage and paid interest. Oct 31:Mortgage payable 400,000 Interest expense- Mortgage 8,000 Cash 408,000 Reduced mortgage and paid interest. Nov 30:Mortgage payable 300,000 Interest expense- Mortgage 7,500 Cash 307,500 Reduced mortgage and paid interest. Dec 31:Mortgage payable 200,000 Interest expense- Mortgage 21,000 Cash 221,000 Reduced mortgage and make semi-annual interest payment. Joint Venture117 31:Cash2,600,000 Sales2,600,000 Sales to date. 31:Commissions 130,000 Cash 130,000 P2,600,000 x 5% 31:Expenses 628,100 Cash 628,100 Paid expenses 31:Interest expense- Venturer 60,000 MacDo 60,000 6% on P1,000,000 from June 15 to December 31, and on P1,100,000 from August 1 to December 31. 31:Sales2,600,000 Land (cost of land sold)1,145,000 Expenses 628,100 Commissions 130,000 Interest expense- mortgage 40,250 Interest- venturer 60,000 Income summary 596,650 To close income and expense accounts. 31:Income summary 596,650 MacDo 596,650 MacEn 238,660 To divide gain, 60:40. 31:MacDo 801,650 Cash 801,650 Payment on account. (b)Journal entries on MacDo’s books: June 15:Investment in Joint Venture1,000,000 Cash1,000,000 Initial contribution. Aug 1:Investment in Joint Venture1,100,000 Cash1,100,000 Additional contribution. 118Chapter 6 Dec 31:Investment in Joint Venture 60,000 Interest income 60,000 Interest earned on cash advanced. 31:Investment in Joint Venture 357,990 Gain on Joint Venture 357,990 60% of gain on venture. 31:Cash 801,650 Investment in Joint Venture 801,650 Repayment in part of advances. (c)MacDo and MacEn Joint Venture Income Statement For the period from June 15 to December 31, 2008 SalesP2,600,000 Cost of land sold: LandP2,400,000 Improvements 950,000 TotalP3,350,000 Unsold land 2,205,000 1,145,000 Gross profit 1,455,000 Expenses: Advertising and office expensesP 628,100 Interest on mortgage 40,250 Interest on advances 60,000 Commissions 130,000 858,350 Net gainP 596,650 Distributions: MacDo (P596,650 x 60%)P 357,990 MacEn (P596,650 x 40%) 238,660 Mac Do and MacEn Joint Venture Balance Sheet December 31, 2008 Assets CashP 250,000 Land 2,205,000 Total AssetsP2,455,000 Liabilities and equity: Mortgage payableP 500,000 MacDo 1,716,340 MacEn 238,660 Total liabilities and equityP2,455,000 Joint Venture119 Venturers equity (interest) MacDoMacEnTotal InvestedP2,100,000P2,100,000 Shares: GainP 357,990P238,660P 596,650 Interest on advances 60,000 60,000 Commissions 130,000 130,000 Total 417,990 368,660 786,650 Balances 2,517,990 368,660 2,886,650 Withdrawn (801,650) (130,000) (931,650) Equity (interests)P1,716,340P238,660P1,955,000 How to cite Advance Accounting 1, Papers

Thursday, December 5, 2019

Speeding Into Disparity free essay sample

Everytime you go driving, you are putting a metaphorical gun to your head. Yep, it’s true. Speeding drivers, alcohol influenced drivers, and unreliable driving conditions are just a few of the dangerous aspects of driving. But, speeding is the most prevalent of reasons for car accidents. It breaks up families. It puts people in the hospital. It costs you money. It’s just unnecessary!Our hunger for adrenaline through reckless driving demands a solution immediately. More and more deaths are happening. More people are getting debilitating injuries. It needs to stop and it all starts with conscious thinking. Although we cannot control a person’s impulse to drive dangerously, however we can control their vehicles from doing so with a unique speed limiting technology. We as a technologically advanced society should be harder on this subject. According to Carole Walker of Rocky Mountain Insurance Association, 9,613 people died in 2013 to a speed related crash. We will write a custom essay sample on Speeding Into Disparity or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Of those 9,613 fatal car accidents, 31 percent were people of the ages 16 to 24. Immaturity and lack of experience behind the wheel contribute to speed related accidents. Whats even more mind boggling is that 29 percent of all fatal car crashes are due to speeding. It not only costs you your life, but it also costs Americans money. Speeding costs Americans 40.4 billion dollars per year. With all of these misfortunate consequences of speeding you must be asking yourself, what are people doing to stop this? Well, recently new technology to stop speeding have been introduced in the automotive world. There are already devices such as speed limiters which limit the speed of a car, however those are inefficient because the car can still reach high, dangerous speeds.When approached with the topic of speeding we must ask ourselves this, have we entrusted too much responsibility to drivers? Reality is that we have. Even products like the Ford S-Max are imperfect with its design and concept.The Ford S-Max is a car that can read traffic signs and adjust the throttle to reduce the drivers speed.Heres its flaw, the driver can easily override the adjustment of the throttle just by pushing on the gas pedal harder. Therefore, you are still granted the ability to speed. Not only that, but what if the Ford S reads a sign incorrectly? The driver could possibly get rear ended if the car were to read a 65mph sign as a 35mph sign leaving the driver at a great risk of getting injured. This technology just isn’t safe. There must be something devised to restrict the power we hold as drivers. My solution to this epidemic is a pole, similar to a telephone pole, that releases signals to your car informing it of the areas speed limit. Your cars computer will receive this signal and notify your engine to slow down and restrict you from exceeding the posted speed limit. The flow of gas to the engine provoked by the pressure on the throttle will be restricted thus virtually restricting your car from speeding. The logistics of the whole device is simple, say you are in a residential area and you are going 30mph. Your car will receive a signal by a nearby tower telling it to restrict the speed excession. Once that signal is received, then the car will respond by lowering the intake of gas to the engine being pushed by the throttle. These poles will be cheap as their technology will resemble a wifi router. Unlike a wifi router, they will have a greater signal radius and they will be placed around every mile or so. The pole’s technology will eliminate speeding and the conse quences that follow speeding. Speeding has plagued the minds and hearts of many and we as a community must put it to a stop. Our efforts such as the Ford S-Max and speed limiters are infected with flaws that also contain cons that we cannot afford. Our recklessness has led to the questioning of our responsibility as drivers. To truly reduce the deaths and the heaving amounts of money spent away to cover the expenses of the consequences, we must invest in a better alternative.