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please ignore the second question. I posted it by mistake. XP2-14A (Transaction analysis and financial statement preparation) Singh Company started business on January 1, 2020.

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please ignore the second question. I posted it by mistake.
XP2-14A (Transaction analysis and financial statement preparation) Singh Company started business on January 1, 2020. The following transactions occurred in 2020, 1. On January 1, the company issued 10.000 common shares for $250,000. 2. On January 2, the company borrowed S50,000 from the bank. 3. On January 3, the company purchased land and a building for a total of $200.000 cash. The land was recently appraised at a fair market value of $60,000. (Note: Because the building will be depreciated in the future and the land will not, these two assets should be recorded in separate accounts.) 4. Inventory costing $130,000 was purchased on account. 5. Sales to customers totalled $205,000. Of these, $175,000 were sales on account. 6. The cost of the inventory that was sold to customers in transaction 5 was $120,000. 7. Payments to suppliers on account totalled $115,000. 8. Collections from customers on account totalled S155,000. 9. Payments to employees for wages were $55,000. In addition, there was $2,000 of unpaid wages at year end. 10. The interest on the bank loan was recognized for the year. The interest rate on the loan was 6%. 11. The building was estimated to have a useful life of 30 years and a residual value of $20.000. The company uses the straight-line method of depreciation 12. The company declared dividends of $7,000 on December 15, 2020, to be paid on January 15, 2021. Required a. Analyze the effects of each transaction on the basic accounting equation, using a template like the one below: ASSETS LIABILITIES Wages Interest Dividends Payable Payable Payable Loan Payable S/H EQUITY Common Shares R/E Rev/Exp/ DD Date/Ref. Cash A/R Inv. Building Land A/P b. Prepare a statement of income, a statement of changes in equity, a statement of financial position (unclassified), and a statement of cash flows for 2020. Question: 1. (10) UW Parking Lot N. Contains 252 Parking Spots. Suppose It Has 200 Cars With... 1. (10) UW parking lot N contains 252 parking spots. Suppose it has 200 cars with parking passes, 40 cars with purchased tickets, and 12 cars that are illegally parked. Parking services comes and checks 20 different cars at random. (a) (2) Give an expression for the probability that they find 5 cars with purchased tickets and 1 illegally parked car. You do not need to evaluate it. For (b) - (d), suppose the 20 cars include 5 with purchased tickets and 1 illegally parked. (b) (3) Find the probability that the 1st and 20th cars checked had different results. (c)(3) Find the probability that the illegally parked car was found immediately after a car with a parking pass. (d) (2) Find the probability that the 5 cars with purchased tickets were all found before the illegally parked car

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