Questions by olebsack - Page 5
Caveby Gretchen LeglerOne Sunday, I went to visit the ice caves. The caves are part of the Erebus Glacier tongue, a long spit of ancient ice, named after Mr. Erebus, an activevolcano in Antarctica that hovers over Ross Island and McMurdo station. The caves are about an hour drive from McMurdo by tracked vehicle. We went totwo caves. One of them was very easy to get into. You climbed a hill of snow, wiggled through a rather large opening, and slid down a little slope into a largecavern-a cavern about as big as the average living room...It was in the first cave that I had my moment. I had been lying on my back, taking notes, looking up into the crystals and into that blue that still amazes me-blue so blue it is as if your eyes have broken and don't work.... The first time I'd been in the cave the person who took me there said that often people who godown into crevasses are so overcome by the blue that it makes them cry. I remembered that as I lay there on my back, taking notes, trying to draw thecrystals that hung like blooms of flowers above me, trying to figure out where the blue began and where it ended.1 cupped my hands around my eyes, so that all I saw was the blue, and as I stared, my heart began to beat faster and my breath started to come faster andtears started to come to my eyes.It was that blue that made me cry. That blue/violet that seems as if it is sucking you in, that makes you feel as if you are falling into it, that compels yousomehow to look into it, even though it blurs your vision and confuses you. It was that blue, so enigmatic, that for a moment you lose your balance in it. You dont quite know if you are in the sky, or under water, or if for an instant you might be in both places at once. The blue is like a frosty, vague, and endlessly deep hole in your heart. It has no edges, just colors and depth. It is a color that is like some kind of yearning, some unfulfilled desire, or some constant extreme joy. It just burns there, burns violet, burns blue.Select the correct answer.Why does the author say she loses her balance in the blue crystals?She is tired from her long drive to the ice caves.She trips because she is focused on her notes.She feels overwhelmed by the intense blue.She falls over and lies on her back in the caveOA. She is tired from her long drive to the ice cavesOB.she trips because she is focused on her notesOC. She feels overwhelmed by the intense blueOD. She falls over and lies on her back in the cave
Brown Cow Dairy uses the aging approach to estimate bad debt expense. The ending balance of each account receivable is aged on the basis of three time periods as follows: (1) not yet due, $14,000, (2) up to 120 days past due, $4,500, and (3) more than 120 days past due, $2,500. Experience has shown that for each age group, the average loss rate on the amount of the receivables at year-end due to uncollectibility is (1) 2 percent, (2) 12 percent, and (3) 30 percent, respectively. At December 31 (end of the current year), the Allowance for Doubtful Accounts balance is $800 (credit) before the end-of-period adjusting entry is made. Data during the current year follow: a. During December, an Account Receivable (Patty's Bake Shop) of $750 from a prior sale was determined to be uncollectible; therefore, it was written off immediately as a bad debt. b. On December 31, the appropriate adjusting entry for the year was recorded. Required: 1. Give the required journal entries for the two items listed above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 2. Show how the amounts related to Accounts Receivable and Bad Debt Expense would be reported on the income statement and balance sheet for the current year. Disregard income tax considerations. (Amounts to be deducted should be indicated by a minus sign.)