Exercise 1 Journalize the input settings presented. As of August 31, the following information was accumulated to prepare adjustment entries for the Paper House company: The balance for the materials account (supplies) as of August 31 is $1,865. Materials on hand as of August 31 are worth $380. The balance of the unearned rent account as of August 31 is $11,000. According to the receipt, tenants paid in advance on August 1 for four months. Salaries payable as of August 31 add up to $4,680. Fees earned, but not charged, as of August 31 add up to $19,450. The accumulated depreciation is $1,800. Exercise 2 briefly explain and in your own words the difference between input settings and entries that are made to correct errors. Exercise 3 classifies the following items as accrued revenues, accrued expenses, unearned revenue, or prepaid expenses. Rent received in advance for renting an office space One-year insurance policy premium Fee earned but not received Fee received but not earned Account for ads that already appeared in the paper last month Payment charged for a service that has not been completed Rent paid in advance Salary due, but payable in the next period

Please answer section d) only

12) ABSD INC.'s B.O.D's approved issuance of 5,000,000 share of $50 par value common stock. Currently 4,200,000 shares are outstanding. Current stock price is $60 A 4% stock dividend is declared on March 1, 2020 and paid two months later. Show journal entries required to record declaration and payment of distribution.

G and H are mutually exclusive events. P (G) = 0.5   P (H) = 0.3   P( H | G) = 0.6   Find P (H OR G) Are G and H independent or dependent events? why?