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Solve the following random problem questions please? Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which

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Solve the following random problem questions please?

Angela Peters practiced law with a partnership for 10 years. Recently she opened her own law office, which she operates as a proprietorship. The name of the new entity is Angela Peters, Attorney. Peters experienced the following events during the organizing phase of the new business and its first month of operation. Some of the events were personal and did not affect the law practice. Others were business transactions and should be accounted for by the business.

Mar 1 Sold personal investment in eBay stock, which she had owned for several years, receiving $31,000 cash.

2 Deposited the $31,000 cash from sales of the eBay stock in her personal bank account

3 Received $139,000 cash from former law partners

5 Deposited $89,000 cash in new business bank account titled Angela Peters, Attorney. The business gave capital to Peters.

7 Paid $400 cash for ink cartridges for the printers

9 Purchased computer for the law office, agreeing to pay the amount $9,300, within three months.

23 Finished court hearings on behalf of client and submitted a bill for legal services, $13,500, on account.

30 Paid utilities, $1,200

31 Peter withdrew cash of $2,000.

Analyze the effects of the preceding events on the accounting equation of the proprietorship of Angela Peters, Attorney.

At March 31, compute the business

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Calculate the finance charge (in $), the finance charge per $100 (in $), and the annual percentage rate for the installment loan by using the APR table, Table 13:1. (Round dollar amounts to the nearest cent.) Amount Number of Monthly Finance Finance Charge Financed APR Payments Payment Charge per $100 $17,000 4610.00 Need Help?Indicate whether the statement is true or false, and justify your answer. (1) A risk-averse individual prefers a certain outcome to an uncertain outcome with the same expected income. (2) Insurance represents a transfer of wealth from healthy states to sick states. (3) When insurance is fair, in a sense, it is also free. 1. The basic difference between macroeconomics and microeconomics is: A. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment. B. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. C. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade. D. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. 2. Scarcity exists because of: A. unlimited wants and limited resources. B. the allocation of goods by prices C. specialization and division of labor. D. the market mechanism. 3. Production in a society is allocation efficient so long as it uses its resources to produce as much as it can. True False

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