Bill darby started darby company on january 1, 2018. the company experienced the following events during its first year of operation:

1.earned $16,200 of cash revenue.

2.borrowed $12,000 cash from the bank.

3.adjusted the accounting records to recognize accrued interest expense on the bank note. the note, issued on september 1, 2018, had a one-year term and an 8 percent annual interest rate.

required

a. what is the amount of interest expense to record for 2018?

b. what amount of cash was paid for interest in 2018?

c. use a horizontal statements model to show how each event affects the balance sheet, income statement, and statement of cash flows. indicate whether the event increases (i), decreases (d), or does not affect (na) each element of the financial statements. in the cash flows column, designate the cash flows as operating activities (oa), investing activities (ia), or financing activities (fa). the first transaction has been recorded as an example.

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Identify at least 3 body language messages that project a positive attitude

In year 1, the bennetts' 25-year-old daughter, jane, is a full-time student at an out-of-state university but she plans to return home after the school year ends. in previous years, jane has never worked and her parents have always been able to claim her as a dependent. in year 1, a kind neighbor offers to pay for all of jane's educational and living expenses. which of the following statements is most accurate regarding whether jane's parents would be allowed to claim an exemption for jane in year 1 assuming the neighbor pays for all of jane's support? a.no, jane must include her neighbor's gift as income and thus fails the gross income test for a qualifying relative.b.yes, because she is a full-time student and does not provide more than half of her own support, jane is considered her parent's qualifying child.c.no, jane is too old to be considered a qualifying child and fails the support test of a qualifying relative.d.yes, because she is a student, her absence is considered as "temporary." consequently she meets the residence test and is a considered a qualifying child of the bennetts.