Jan. 1 Fahad Ali transferred cash from a personal bank account to an account to be used for the business, $53,000.
2 Paid rent on office and equipment for the month, $7,950.
3 Purchased supplies on account, $4,240.
4 Paid creditor on account, $2,320.
5 Earned fees, receiving cash, $24,180.
6 Paid automobile expenses (including rental charge) for month, $2,490, and miscellaneous expenses, $560.
7 Paid office salaries, $6,630.
8 Determined that the cost of supplies used was $1,860.
9 Withdrew cash for personal use, $2,600.

Required:
a. Journalize entries for transactions Jan. 1 through 9.
b. Post the journal entries to the T accounts. Determine the account balances after all posting is complete. Determine the correct ending balance.
c. Prepare an unadjusted trial balance as of January 31, 20Y5.

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?