On 1 July 2023, Ringwood Ltd entered into a non-cancellable lease contract to lease office equipment from Blackburn Ltd for six years. The lease contract requires Ringwood Ltd to make half-yearly lease payments of $150,000 for 6 years, on 30 June and 31 December, each year, commencing on 31 December 2023. Included within the $150,000 half-yearly lease payments, is an amount of $20,000 representing payment to Blackburn Ltd for the insurance and maintenance of the equipment. Ringwood Ltd paid $15,000 for initial direct cost associated with the lease contract. The lease contract provides that Ringwood Ltd fully guarantees the residual value of the equipment, $220,000. The office equipment will be transferred to Ringwood Ltd when this payment is made. The interest rate implicit in the lease contract is 6% per annum. Blackburn Ltd manufactured the office equipment leased to Ringwood Ltd, at a cost of $1,000,000. The equipment is expected to have a useful life of 7 years, after which time it is expected to have a residual value of $80,000. The equipment will be depreciated on a straight-line basis. * Present value factors: PV of an ordinary annuity of $1 Interest rate Periods 12 6 6% 8.3838 4.9173 3% 9.9540 5.4172 Interest rate Periods 12 6 PV of $1 6% 0.4970 0.7050 3% 0.7014 0.8375 Requirements (rounded to the nearest dollar): Assuming the above contract contains a lease in accordance with AASB16 Leases, a) calculate, by showing the workings, the lease liability and lease asset for Ringwood Ltd; b) prepare a full lease schedule for Ringwood Ltd., showing the division of the lease rental into interest and principal components; and c) Provide the journal entries for the lease transactions in the books of Ringwood Ltd for the financial year ending 30 June 2024 (from 1 July 2023 to 30 June 2024). Narrations are not required.

A system contains many processes. Three common processes that are “grouped” together are transaction corrections, adjustments, and cancellations. These three elements work to properly serve customers. Imagine a system that allows you to register for a class online. The online system must give you a way to correct any errors you made, such as registering for the wrong class. This would be a transaction correction. The system should also allow you to make adjustments, such as adding or dropping classes. Finally, the system should allow you to make cancellations, such as cancelling the registration process entirely. Notice that all three of these processes, correction, adjustment, and cancellation, work together to provide you with one service, which is registering for classes. What type of requirements are transaction corrections, adjustments, and cancellations? Select one. Question 4 options: A Functional Requirements B Nonfunctional Requirements

Search Google images for bad data visualizations. Post a link to the image.Describe what is inaccurate or misleading about the visualization. Replace the inaccurate and misleading information with what you think makes the image a good visualization.

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