Selected transactions for Sheridan Company are presented below in journal form (without explanations). Date Account Title Debit Credit
May 5 Accounts Receivable 4,400
Service Revenue 4,400

12 Cash 1,930
Accounts Receivable 1,930

15 Cash 2,190
Service Revenue 2,190

Post the transactions to T-accounts. (Post entries in the order of journal entries presented in the question.)

Cash
 5/55/125/15  5/55/125/15
 5/55/125/15  5/55/125/15

Accounts Receivable
5/55/125/15  5/55/125/15

Service Revenue
5/55/125/15  5/55/125/15
5/55/125/15  5/55/125/15

Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.

As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?