Natalie had a very busy December. At the end of the month, after journalizing and posting the December transactions and adjusting entries, Natalie prepared the following adjusted trial balance. COOKIE CREATIONS
Adjusted Trial Balance
December 31, 2019
Debit
Credit
Cash
$1,060
Accounts Receivable
790
Supplies
320
Prepaid Insurance
1,090
Equipment
1,100
Accumulated Depreciation—Equipment
$40
Accounts Payable
70
Salaries and Wages Payable
50
Interest Payable
15
Unearned Service Revenue
270
Notes Payable
1,800
Owner’s Capital
720
Owner’s Drawings
450
Service Revenue
4,095
Salaries and Wages Expense
905
Utilities Expense
115
Advertising Expense
150
Supplies Expense
925
Depreciation Expense
40
Insurance Expense
100
Interest Expense
15
$7,060
$7,060

Using the information in the adjusted trial balance, do the following.
(a1)
Prepare an income statement for the 2 months ended December 31, 2019. (Enter negative amounts using either a negative sign preceding the number e. g. -45 or parentheses e. g. (45).)

COOKIE CREATIONS
Income Statement

$

$

$

Time value an iowa state savings bond can be converted to $750 at maturity 5 years from purchase. if the state bonds are to be competitive with u.s. savings bonds, which pay 5% annual interest (compounded annually), at what price must the state sell its bonds? assume no cash payments on savings bonds prior to redemption. ignore taxes.

Jamie lee is reviewing her finances one month later. she has provided the actual amounts paid below. use the cash budget table below to her identify the variances in her budget. each answer must have a value for the assignment to be complete. enter "0" for any unused categories. actual amounts income: monthly expenses: gross monthly salary $2,315 rent obligation $260 net monthly salary $1,740 utilities/electricity $130 savings allocation: utilities/water $10 regular savings $130 utilities/cable tv $155 rainy-day savings $20 food $160 entertainment: gas/maintenance $205 cake decorating class $90 credit card payment $25 movies with friends $50 car insurance $75 clothing $145 budgeted amounts assets: monthly expenses: checking account $1,850 rent obligation $225 emergency fund savings account $4,300 utilities/electricity $75 car $5,200 utilities/water $35 computer & ipad $1,100 utilities/cable tv $120 liabilities: food $115 student loan $6,600 gas/maintenance $95 credit card balance $1,000 credit card payment $45 income: car insurance $45 gross monthly salary $2,155 clothing $45 net monthly salary $1,580 entertainment: savings allocation: cake decorating class $90 regular savings $130 movies with friends $50 rainy day savings $20

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.