00:41 ✓ 4G 2.1 35% Question 2: Show the effect of the following transactions of May 2021 on the accounting equation: 2 The owner, Ms. Rose Petals, contributed R80 000 as capital contribution. Issued receipt no. 57. 6 According to the cash register roll, the business received R5 300 for services rendered. 11 Cashed a cheque (Cheque 03) to pay the wages of her 2 workers. They each earn R1000 per week. 30 Paid Mogale City for the water and electricity, R2 000 per cheque. Day Assets = Owner's Equity + Liabilities Effect Reason Effect Reason Effect Reason ||| X Gauth

Lewis’s management has been considering movingto a new downtown location, and they are concerned that these plans may come to fruition priorto the equipment lease’s expiration. If the moveoccurs then Lewis would buy or lease an entirelynew set of equipment, so management wouldlike to include a cancellation clause in the leasecontract. What effect would such a clause haveon the riskiness of the lease from Lewis’s standpoint? From the lessor’s standpoint? If you werethe lessor, would you insist on changing any ofthe other lease terms if a cancellation clause wereadded? Should the cancellation clause containprovisions similar to call premiums or any restrictive covenants and/or penalties of the type contained in bond indentures? Explain your answer.

Use 4 decimals in between process and 2 decimals in final answer

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n Padayappa has now retired after 40 years of employment. He just made an annual deposit to his investment portfolio and realized he has $2,500,000 (not counting home, cars, furniture, etc.). His money has been earning 7 percent per year, and inflation has been running 4 percent per year over the past 40 years. Part a Part b @ 2 Your answer is incorrect. What is the buying power of his $2,500,000 in terms of a base 40 years ago? $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is ±50. Attempts: 2 of 3 used Submit Answer Save for Later 61 3 + F3 W E S D F4 $ 4 R F с F5 % 5 T F6 6 Y F7 & 7 G H FB U * 8 J 8 F9 XCVBN M 09 ( 9 F10 K *- ) F11 0 *+ P F12 11 84°F Mostly c PrtSc { + 11 C

8.  A man borrowed an amount of S10,000 to a bank. The bank agreed considering that theinterest rate is 5% annually. Determine the amount that the man paid the bank if heborrowed last January 01, 1900. The man paid the bank dated November 30, 1900. Useexact simple interest.

22. A businessman borrowed P 10,000 with interest rate of 5% payable annually. The debt will be including interest by equal instalment at the end of each year for three years. Compute the annual payment.

Using the interest bearing note illustration, let us compute the:a. maturity dateb. maturity valuec. If Mr. B sold the note to a banker, say Bank C, that means you have to find the value of the note from the day it was written to the day it was sold. Mr. B sold the note on March 7, 2010 at 10% discount rate, find the proceeds of Mr. B from the sale.

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You are the manager of the Mighty Fine mutual fund. The following table reflects the activity of the fund during the last quarter. The fund started the quarter on January 1 with a balance of $100 million. Mighty Fine Mutual Pund Monthly Data (measured at end of month) February -4.3 6.20 March January 5.5 Net inflows ($ million) HPR () -4.30 1.80 Required: a. Calculate the quarterly arithmetic average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Arithmetic average 1.23 % b. Calculate the quarterly geometric (time-weighted) average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Geometric average 1.14 % c. Calculate the quarterly dollar-weighted average return on the fund. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Dollar-weighted average return