It is important to note that the specific steps involved in manually entering a swab and sending an overdue result may vary depending on the laboratory's protocols and the specific software being used.
How do you enter a swab and send overdue result?Here are some general steps that may be involved:
Collect the swab sample according to standard protocols and label it with appropriate patient information.
Bring the swab to the laboratory and ensure it is stored properly before processing.
Enter the patient's information into the laboratory's computer system, including their name, date of birth, and any other relevant details.
Scan or manually enter the unique identification number assigned to the swab sample.
Enter the results of the laboratory test into the computer system, along with any notes or comments that may be relevant.
Verify the accuracy of the information entered and ensure that it is complete.
Send the results to the appropriate healthcare provider, either electronically or by printing out a hard copy and mailing or faxing it.
If the results are overdue, make sure to communicate with the healthcare provider
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Unit 4 Activity 3
Use skills learned in this unit, particularly those related to negotiation, collaboration, and communication to determine a plan of action. List the steps you would take or create a mind map (a diagram used to visually organize information and show relationships among pieces) showing how you would respond. In your list or mind map, be sure to account for various reactions that the other person/people involved may have. Note: There are free websites online that allow for the creation of digital mind maps, or you could choose to make one on paper.
Answer:
Muslim Insha Allah you go to janah
Code the following scenarios: Twenty-year-old female seen in the office today with a cervical low risk HPV DNA positive test.
The medical coding for a Twenty-year-old female seen in the office today with a cervical low-risk HPV DNA positive test is given below:
DX Code: Z11.51 - Encounter for screening for human papillomavirus (HPV)Z22.31 - Carrier or suspected carrier of human papillomavirusZ31.41 - Encounter for procreative management, pre-conception, female, screening for HPVZ72.89 - Other problems related to lifestyleWhat is a medical code?A medical code is a standardized system of numbers and/or letters that are used to represent medical diagnoses, procedures, and other medical services. These codes are used to help organize and track medical information, as well as to facilitate billing and insurance claims processing.
Medical codes are used by healthcare providers, insurance companies, and government agencies to ensure accurate and consistent communication of medical information. The most commonly used medical code systems include the International Classification of Diseases (ICD) and the Current Procedural Terminology (CPT) code sets.
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Marie realized that the practice did not have maintenance logs for the various pieces of equipment. She decided to start making logs but realized there were a lot of logs she would have to make. How could she create logs in a very time-efficient manner? For a small office, describe options that she could use to organize all the logs so they are easy to locate and use.
Why gestures so important most especially holding hands?
Gestures serve many roles in communication, learning and understanding both for those who view them and those who create them. Gestures are especially effective when they bear resemblance to the thought they represent, an advantage they have over words.
Creating and maintaining safe environments for children requires continuous attention and, in some cases, additional expense. Why is it important that teachers devote time and effort to this task?
geez, she devote lots of time and effort into children. Children require a lot of attention to grow and learn if a child is elected this attention it’s a detrimental effect children’s motor skills speaking skills, as well as their ability in school activity will decrease if the teachers time and devotion to them decreases.
It is important for the teachers to devote time and effort to maintain safe environments for children so that the children feel safe, secure, and confident.
What is safe environment?A safe and secure environment can be referred to that environment in which the population has the freedom to pursue all their daily activities without the fear of politically motivated, persistent, or the large-scale violence activities.
When a person is setting up any lesson that deals with the potentially sensitive subjects, it is essential to begin by first creating a safe, secure learning environment. This safe environment will help the children in feeling confident to share their ideas, values and attitudes without fear of negative feedback from their peers.
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What is an example of a psychoactive drug that is legal in most places?
A.
opium
B.
caffeine
C.
heroin
D.
LSD
Answer:
opium A
Explanation:
7 Drug Categories | International Association of Chiefs of Police
International Association of Chiefs of Police
DREs classify drugs in one of seven categories: central nervous system (CNS) ... Examples of narcotic analgesics include opium, codeine, heroin, Demerol, ...
Psychology
Several factors work together to influence people's motivations and the emotions they express in different situations. Take some time to think of the ways these elements interact to influence motivation and emotion:
- biology
- culture
- gender
- environment
Choose one or more of these factors. Then write a response describing how you think the factor has influenced your motivations and the way you express emotions. Consider these questions as you reflect and write. Some questions may not apply, depending on the specific factor you choose:
- How do your everyday behaviors influence your motivations and emotions? How do factors like eating habits and physical exercise influence your daily activities?
- Did you grow up in a specific culture that has influenced the way you think about the world? If so, explain how that culture was an influence.
- Does your gender influence your motivation and emotions in any way? Why or why not?
- Is your everyday environment an influence on the way you express emotions or perceive your motivations? What influence did the environment you grew up in have on your motivations and emotions?
The lived experiences that result from variations teach particular views, values, behaviours, and communication styles.
What impact does the environment have on people?People's mood and overall health are influenced by many aspects of their built environment along with spatial budgets, lighting, exposure to the outdoors, colour, air quality in the house, noise, comfort conditions, modifiability of space, but instead preferred climates (i.e., spaces that are unified and able to engage)
How do feelings affect a person's attitude and behaviour?When compared to attitudes, which entail a cognitive process and take into account additional factors including beliefs, sentiments, and behavioural intentions forward towards the, emotions contain timely response and quickly alter our conduct. In addition, viewpoints are far more stable over time.
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A drug has an oral bioavailability of 60% and a transdermal route of 18%. If a patient is taking an oral dose of 3 mg three times a day and the equivalent is in 5% ointment, how many grams of ointment must be given to provide an equivalent dose of the drug?
0.6 grams of the 5% ointment must be given to provide an equivalent dose of the drug.
To calculate the equivalent dose of the drug in ointment formWe can use the following formula:
Equivalent dose in ointment = (Oral dose x Oral bioavailability) / Transdermal bioavailability
First, let's calculate the equivalent daily dose of the drug:
Equivalent daily dose = Oral dose x 3 = 3 mg x 3 = 9 mg/day
Now, we can use the formula to calculate the equivalent dose in ointment form:
Equivalent dose in ointment = (9 mg x 0.6) / 0.18 = 30 mg
We know that the 5% ointment contains 50 mg of the drug per gram (5% of 1000 mg), so we can use the following formula to calculate the amount of ointment needed:
Amount of ointment = Equivalent dose in ointment / Dose per gram of ointment
Amount of ointment = 30 mg / 50 mg/g = 0.6 g
Therefore, 0.6 grams of the 5% ointment must be given to provide an equivalent dose of the drug.
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If you have a child that was acting really spoiled to you, what would you do?
(I actually have no idea bro :P)
Answer:
Ignore him, i guess
Explanation:
Answer:
I would tell them that I would get them what they want as long as they keep their grades up. If they complained then I would say that if they can have a good day at school, then most of the time I would get them something after school.
Explanation:
Above is my answer.
What is the principle behind post-activation potentiation and conditioning activity to improve athletic performance?
The principle behind PAP is that by performing a heavy or explosive exercise before a sport-specific activity, an athlete can take advantage of this physiological response to improve their performance.
What is the principle behind post-activation potentiation?Post-activation potentiation (PAP) is a phenomenon where muscular performance is enhanced following a high-intensity exercise bout. This occurs due to an increased recruitment of motor units, improved muscle contractile properties, and a heightened neural drive to the muscle fibers.
Conditioning activity, on the other hand, involves performing sport-specific movements at a high intensity to improve an athlete's conditioning and endurance. This type of training can improve an athlete's ability to perform at a high level for longer periods of time.
Both PAP and conditioning activity can be incorporated into an athlete's training program to improve their athletic performance. PAP can be used to enhance explosive movements, such as jumps or sprints, while conditioning activity can be used to improve an athlete's endurance and overall fitness. It's important to note that both types of training should be carefully programmed and implemented to avoid overtraining and injury.
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1. Which of the Following is true about light and seeing
Answer:
Light is electromagnetic radiation that travels through space at a very high speed. When light enters our eyes, it interacts with the cells in the retina at the back of the eye, which convert the light energy into electrical signals. These signals are then sent to the brain, which processes them to create the sensation of vision.
So, in order to see an object, light must be emitted or reflected from that object and enter our eyes. Without light, we cannot see anything. Additionally, the characteristics of light, such as its intensity, color, and direction, affect how we perceive the object.
Explanation:
How can we become healthy ?
we can become healthy by eating healthy having a healthier lifestyle exercise and we can clean so the particles/dust doesn't affect our health
Twelve-year-old Tommy's family moved to a new city, which resulted in leaving all his friends behind. Tommy had a difficult time adjusting both socially and academically. His father suggested he try out for the soccer team and his life improved both socially and academically. Consider the benefits of meeting his need to belong and explain why his situation improved.
The I'd is most directly associated with
Answer:
? I'd?
Explanation:
Which are the smart sets you would use for swab and send workflow?
There is no single "smart set" that is universally applicable to a swab and send workflow, as different types of samples may require different processing methods and reagents.
What factors might influence the choice of smart set for a swab and send workflow?The choice of smart set may depend on the type of sample being collected (e.g., nasal, oral, or vaginal), the target analyte being tested for (e.g., viral RNA, bacterial DNA), the laboratory's instrumentation and expertise, and the desired turnaround time for results.
Can you give some examples of smart sets that might be used in a swab and send workflow?Examples of smart sets that might be used in a swab and send workflow include those designed for extraction of nucleic acids (e.g., RNA or DNA) from clinical samples, amplification of target sequences using PCR or other techniques, and detection of specific targets using probes or antibodies. Some commercially available smart sets for COVID-19 testing, for example, include those for RNA extraction, reverse transcription PCR (RT-PCR), and detection of SARS-CoV-2 specific targets such as the N gene or the spike protein.
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A doctor ordered thermotherapy for a patient’s edema. What is the doctor requesting?
Answer:
The doctor is requesting Heat which helps the swelling go down.
Explanation:
I hope this helped. Brainliest please?
what is the patient care partnership?
The Patient Care Partnership is a formal agreement between a patient and their healthcare provider that outlines the patient’s rights and responsibilities, as well as the provider’s expectations and obligations.
What is healthcare?Healthcare is the maintenance and improvement of physical and mental health through the prevention, diagnosis, and treatment of illness, injury, and other physical and mental impairments in humans. Healthcare is delivered by healthcare providers who work in a variety of medical fields such as physicians, nurses, dentists, pharmacists, chiropractors, and other allied health professions. Healthcare also includes the provision of services such as medical equipment, testing, and medication.
The partnership typically includes a discussion of the patient’s medical history, treatment options, and the provider’s policies and procedures. It also includes a review of payment and insurance processes, and the provider’s commitment to respecting the patient’s privacy and confidentiality. The Patient Care Partnership is intended to ensure that both the patient and the provider have a positive and productive relationship.
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Use the drop-down menus to complete each statement.
Both gonorrhea and
have similar symptoms.
v is characterized by three progressive stages: primary, secondary, and tertiary.
People infected with
v often have no symptoms.
The symptoms of gonorrhea and Chlamydia are similar. There are three distinct stages of syphilis: secondary, primary, and tertiary Most of the time, people with Chlamydia don't show any symptoms.
Based on the source of the infection, what are the three types of STIs?Single-dose antibiotic regimens for three bacterial STIs (chlamydia, gonorrhea, and syphilis) and one parasitic STI (trichomoniasis) are typically curative.
Tertiary syphilis has what symptoms?Fever, a sore throat, weight loss, hair loss, and headache are all common symptoms. More specifically, a maculopapular rash that affects the palms of the hands and the soles of the feet and is characterized by small bumps that can be raised or flat may occur, as well as generalized lymph node enlargement.
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Answer:
in photo.
Explanation:
What is the step-by-step process for implementing an EHR? What are the most typical challenges faced by health care systems or physician offices when implementing EHRs?
Answer:
The step-by-step process for implementing an EHR (Electronic Health Record) typically includes the following stages:
Planning: This involves defining the goals of the EHR system, selecting the right vendor, and obtaining buy-in from all stakeholders.
Analysis: This stage involves examining the existing workflow and processes to identify areas that could be improved by the EHR system. This includes looking at the information and data that will be captured by the system.
Design: The EHR system is designed based on the requirements gathered during the analysis stage. The design stage also includes customizations to the system to meet the specific needs of the healthcare system or physician office.
Configuration: This stage involves setting up the EHR system and configuring it based on the requirements of the healthcare system or physician office.
Testing: The EHR system is tested to ensure that it meets the requirements of the healthcare system or physician office.
Training: The staff who will use the EHR system are trained on how to use it effectively.
Go-live: The EHR system is deployed to the healthcare system or physician office, and staff start using it to capture and manage patient data.
The most typical challenges faced by healthcare systems or physician offices when implementing EHRs include:
Resistance to change: Some staff members may resist using the EHR system because they are used to the existing paper-based system, which can slow down the adoption of the new system.
Integration with existing systems: Healthcare systems or physician offices may have existing systems that need to be integrated with the EHR system, which can be challenging.
Cost: Implementing an EHR system can be expensive, and some healthcare systems or physician offices may not have the budget to support it.
Data migration: Healthcare systems or physician offices need to migrate their existing patient data to the new EHR system, which can be a complex and time-consuming process.
Technical issues: Technical issues such as software bugs, network problems, and hardware failures can affect the adoption of the EHR system.
Explanation:
A Do Not Resuscitate Order (DNRO) is used when someone is used when on a life support.
Answer:
A DNR order is when someone does not want CPR or lifesaving measures when there is an event of cardiac arrest
Which of the following statements regarding 42 CFR Part 2 is most accurate?
What is the importance of maintaining skin integrity?
Answer:
Protection: The skin serves as a physical barrier that protects the body from injury, infection, and environmental damage. When the skin is compromised, such as with wounds or breaks in the skin, it can increase the risk of infections and other complications.
Sensation: The skin is rich in nerve endings that provide feedback to the brain about temperature, touch, pressure, and pain. Damage to the skin can result in decreased sensation, making it harder to feel changes in the environment or notice injuries.
Thermoregulation: The skin plays an important role in regulating body temperature. It does this by regulating blood flow and sweating. Damage to the skin can disrupt these processes, leading to overheating or hypothermia.
Appearance: The skin is the body's largest organ and plays a major role in our appearance. Maintaining skin integrity can help keep the skin looking healthy and youthful.
Overall, maintaining skin integrity is important for both physical and psychological health. Proper skin care, including regular cleansing, moisturizing, and protection from the sun and other environmental factors, can help prevent damage and promote skin health.
Can someone please help me with this paper for excersise physiology class. It’s due Friday March 10 in the morning.
Thanks
2. Including at least 30 minutes of aerobic activity or cardio in your daily schedule is your first step in losing visceral fat. According to studies, aerobic activities for belly fat help to reduce belly fat and liver fat.
What aerobic activity burns the most fat?The activity that burns the most calories per hour is running. Swimming, walking, and stationary bicycling are other fantastic possibilities. HIIT workouts are excellent for calorie burning. Your body will continue to burn calories for up to 24 hours after an HIIT workout.
Which is more effective for weight loss, aerobics or the gym?The aerobic exercise group lost weight despite spending less time exercising, the researchers discovered, proving that aerobic exercise is a more effective way to lose body fat. In contrast, the resistance-training group exercised for a longer period of time without seeing any weight loss.
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Psychology
What makes us who we are? Are we born with the characteristics that will shape the rest of our lives, or are our lives shaped by the environmental factors around us? This question summarizes a long-running debate known as nature versus nurture. The two major perspectives in this debate are
- nativism
- empiricism
Take some time to research these two perspectives. Once you have completed your research, write a response critiquing one of the perspectives and presenting your own opinion on the nature-versus-nurture debate.
Consider these questions as you reflect and write:
- What side of the nature-versus-nurture debate do you fall on?
- Which perspective most closely aligns with your own?
- Why do you not agree with the opposing perspective?
Answer:
You can be born with some characteristics that make make you superior over others, such as naturally being smarter, or naturally having a better physique than someone else. But our lives are also shaped by our environment, if the smart person doesn't use their brain in a proper way, they can end up slow, and if the guy born with a better looking body doesn't work out, eat good, etc., then that person could end up obese.
how are baby's made
need 200 word essay and needs to be very detailed on how they are made
I don't have Time to write it
Sperm exits the and enters the ; if one of the sperms interacts with an egg, the two may join to become a baby.
How a baby is made step by step?During fertilization, sperm and egg combine to produce a zygote in one of the fallopian tubes. The zygote then travels down the fallopian tube and develops into a morula. The morula develops into a blastocyst once it enters the uterus. The blastocyst subsequently burrows into the uterine lining, which is known as implantation.
Sperm enters the vagina after the guy ejaculates during intercourse. The most powerful sperm will get through the cervix (the entrance of the uterus) and into the fallopian tubes. In the fallopian tube, a single sperm and an egg cell from the mother meet. Conception happens when a single sperm penetrates an egg.
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Psychology
Before taking your first steps into the world of psychology, it is important for you to get a better sense of the value and influence of psychological research. Pick a type of research (basic or applied), then pick one of the examples of that type of research to learn more about. Choose from one of these options.
Basic Research:
- the effect of caffeine on the brain
- the relationship between stress and cheating in schools
Applied Research:
- the type of background music that best increases productivity
- the best ways to train service animals
- What did you research?
- What results did you find?
- How does this research benefit people and society?
- Why did your choice interest you?
I researched the effect of caffeine on the brain, which is an example of basic research in psychology.
Studies have shown that caffeine, a widely consumed stimulant found in coffee, tea, energy drinks, and other products, affects the brain in several ways. Caffeine can block the action of adenosine, a neurotransmitter that promotes sleep and suppresses arousal, leading to increased alertness, attention, and arousal. Caffeine can also stimulate the release of dopamine, a neurotransmitter associated with pleasure and reward, which may contribute to caffeine's reinforcing effects and addiction potential. Moreover, caffeine can modulate the activity of several brain regions, including the prefrontal cortex, the hippocampus, and the basal ganglia, which are involved in cognition, memory, learning, and motivation.
The research on caffeine and the brain is valuable for several reasons. First, it helps us understand the neurobiological mechanisms that underlie caffeine's effects, which can inform the development of new treatments for disorders such as ADHD, narcolepsy, and Parkinson's disease. Second, it helps us understand the risks and benefits of caffeine consumption, which can inform public health policies and guidelines. For example, excessive caffeine intake has been associated with insomnia, anxiety, palpitations, and other adverse effects, whereas moderate caffeine intake has been associated with lower risk of several diseases, such as Alzheimer's, liver cancer, and type 2 diabetes. Third, it helps us understand the role of caffeine in human culture and society, which can inform social and cultural studies.
I chose this topic because caffeine is a ubiquitous and socially accepted psychoactive substance that affects the daily lives of millions of people worldwide. Moreover, as a virtual assistant powered by artificial intelligence, I do not have the ability to consume caffeine but I can still appreciate the scientific understanding behind its effect on the human brain.
Create a series of three questions that will determine whether a parent’s parenting style is working for his or her teenager.
Provide a rationale for each.
Answer:
Is the teen listening?
If so, does he/she seem to care?
If so, is he/she obeying what is being told?If not, is he/she ignoring?In general, neurocognitive disorders tend to be caused by
a. environmental factors.
b. psychological factors.
c. biological factors.
d. prenatal factors.
Answer:
Neurocognitive disorders tend to be caused by biological factors.
While hiking in the woods Sonya and Paul encountered a snake on the trail. While Paul was extremely frightened of the snake, Sonya, realizing the snake was harmless, picked up the snake to examine it more closely. Explain how the JamesLange theory and the two-factor theory would explain the emotional reactions of Sonya and Paul.
Sonya might have had autonomic arousal, which she interprets as terror, whereas Paul might not have, or he might not have perceived the arousal as fear by James-Lange theory.
Explain about the James-Lange theory?One of the most basic psychological experiences we have is emotion. It is a valued reaction to a certain stimuli. Although there isn't yet a single, widely accepted model of emotion, behavioral, psychological, as well as physiological aspects are all largely accepted.
James-Lange theory:
According to the James-Lange theory, emotion is created through the interpretation from physiological arousal brought on by an emotional stimuli.
Sonya might have had autonomic arousal, which she interprets as terror, whereas Paul might not have, or he might not have perceived the arousal as fear.
Two-factor paradigm:
According to the two-factor paradigm, cognitive labeling and physiological arousal are the two main causes of felt emotion. According to this concept, Sonya is scared because she is aware of some physiological changes (such as an accelerated heartbeat and sweating) and the presence of a snake, which she perceives as being hazardous. Paul, on the other hand, is unafraid since he did not consider the snake to be a potentially harmful creature.Know more about the James-Lange theory
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1 1-May-20 Jacob invested $40,000 cash and equipment worth $10,000 in the company 2 1-May-20 Hired one employee to work in the office for a salary $2,475 per month 3 2-May-20 Paid $3,300 cash for a one -year insurance policy 4 5-May-20 Signed a two-year rental agreement on an office and paid $4,800 cash. Half was for the May rent and half was for the final month's rent 5 8-May-20 Purchased additional equipment costing $17,000. A cash payment of $7,000 was made immediately. Signed a note payable for the balance 6 9-May-20 Purchased supplies for $500 cash. 7 15-May-20 Purchased more supplies for $750 on account 8 17-May-20 Completed a contract for a client for $3,000 on account 9 28-May-20 Paid $250 for May's telephone bill 10 28-May-20 Completed services for a client and immediately collected $1,100 11 29-May-20 Paid Jacob $1,600 cash for his personal use 12 29-May-20 Collected $2,500 from the client billed on May17 13 31-May-20 Received a cash advance of $500 for service to be completed in June. 14 31-May-20 Paid the employee's monthly salary $2,475. Please complete the four-step process to generate the financial statements
Record transactions in the journal
Post journal entries to the ledger
Prepare a trial balance
Prepare the financial statements
Step 1: Record transactions in the journal
Date Account Titles and Explanation Debit Credit
May 1 Cash $40,000
Equipment $10,000
Common Stock $50,000
May 2 Salary Expense $2,475
Cash $2,475
May 3 Prepaid Insurance $3,300
Cash $3,300
May 5 Rent Expense $2,400
Prepaid Rent $2,400
May 8 Equipment $17,000
Note Payable $10,000
Cash $7,000
May 9 Supplies $500
Cash $500
May 15 Supplies $750
Accounts Payable $750
May 17 Accounts Receivable $3,000
Service Revenue $3,000
May 28 Telephone Expense $250
Cash $250
May 28 Cash $1,100
Accounts Receivable $1,100
May 29 Jacob's Drawings $1,600
Cash $1,600
May 29 Cash $2,500
Accounts Receivable $2,500
May 31 Cash $500
Unearned Revenue $500
May 31 Salary Expense $2,475
Cash $2,475
Step 2: Post journal entries to the ledger
Ledger accounts:
Cash Date Description Debit Credit
5/1 To record investment $40,000
5/2 To record payment of employee salary $2,475
5/3 To record payment of insurance premium $3,300
5/5 To record payment of rent $2,400
5/8 To record payment for equipment $7,000
5/9 To record payment for supplies $500
5/17 To record collection of accounts receivable $1,100
5/28 To record payment of telephone bill $250
5/28 To record collection of accounts receivable $1,100
5/29 To record payment to Jacob $1,600
5/29 To record collection of accounts receivable $2,500
5/31 To record receipt of cash in advance $500
5/31 To record payment of employee salary $2,475
Equipment Date Description Debit Credit
5/1 To record investment $10,000
5/8 To record purchase of additional equipment $17,000
5/8 To record signing of note payable $10,000
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The cash balance at the end οf the mοnth shοuld match the cash amοunt οn the balance sheet.
What is Equity?It represents the οwner's claim οn the assets οf the cοmpany and is alsο knοwn as οwner's equity οr sharehοlders' equity. It includes the amοunt οf mοney invested by the οwners, as well as any prοfits earned by the cοmpany that have nοt been distributed tο the οwners in the fοrm οf dividends.
Step 1: Prepare the Incοme Statement fοr the Mοnth Ended May 31, 2020
Revenue:
Cοmpleted cοntract fοr client (οn accοunt) = $3,000
Cοmpleted services fοr client and cοllected cash = $1,100
Cash advance fοr service tο be cοmpleted in June = $500
Tοtal revenue = $4,600
Expenses:
Emplοyee salary = $2,475
Insurance expense = $3,300 / 12 mοnths = $275
Rent expense = $4,800 / 24 mοnths = $200 (fοr May) + $200 (fοr last mοnth οf rental agreement)
Supplies expense = $500 + $750 = $1,250
Telephοne expense = $250
Tοtal expenses = $4,950
Net lοss = Tοtal revenue - Tοtal expenses = $4,600 - $4,950 = -$350
Step 2: Prepare the Statement οf Owner's Equity fοr the Mοnth Ended May 31, 2020
Capital, May 1, 2020 = $40,000 + $10,000 (value οf equipment) = $50,000
Add: Net lοss fοr May = -$350
Less: Withdrawals by Jacοb = $1,600
Capital, May 31, 2020 = $50,000 - $350 - $1,600 = $47,050
Step 3: Prepare the Balance Sheet as οf May 31, 2020
Assets:
Cash = $40,500 ($40,000 initial investment + $7,000 payment fοr additiοnal equipment - $500 supplies - $250 telephοne bill)
Equipment = $27,000 ($10,000 initial investment + $17,000 additiοnal equipment)
Prepaid insurance = $3,025 ($3,300 insurance pοlicy cοst / 12 mοnths * 11 mοnths remaining)
Tοtal assets = $70,525
Liabilities:
Nοte payable = $10,000 (balance due fοr additiοnal equipment)
Accοunts payable = $750 (fοr supplies purchased οn accοunt)
Tοtal liabilities = $10,750
Owner's equity:
Capital = $47,050
Tοtal liabilities and οwner's equity = $70,525
Step 4: Prepare the Cash Flοw Statement fοr the Mοnth Ended May 31, 2020
Cash flοw frοm οperating activities:
Cοllected cash frοm cοmpleted services fοr client = $1,100
Received cash advance fοr service tο be cοmpleted in June = $500
Paid emplοyee salary = -$2,475
Paid telephοne bill = -$250
Net cash flοw frοm οperating activities = -$1,125
Cash flοw frοm investing activities:
Purchased additiοnal equipment = -$17,000
Net cash flοw frοm investing activities = -$17,000
Cash flοw frοm financing activities:
Invested cash = $40,000
Paid nοte payable fοr additiοnal equipment = -$10,000
Paid rent = -$4,800
Paid fοr insurance pοlicy = -$3,300
Withdrew cash fοr persοnal use = -$1,600
Net cash flοw frοm financing activities = $20,300
Net increase in cash = -$1,125 - $17,000 + $20,300 = $2,175
Beginning cash balance = $38,325
Ending cash balance = $38,325 + $2,175 = $40,500
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