Body and Visibility in Jane Smileys A Thousand Acres :: Smiley Thousand Acres Essays

Body and Visibility in A Thousand Acres The west insists on the discrete identity of objects. To name is to know; to know is to control. (Paglia, p.5) [Woman's beauty] gives the eye the comforting illusion of intellectual control over nature. (Paglia, p.17) If the male gaze is a tool to conceptualize reality, then -like an axe- it can also be used as a weapon. The Paglia quotes above refer not only to matters of epistemology or even ontology ("This is what we see; therefore, this is what exists"), it is equally fitting to describe concrete powerrelations in a social system constructed on the basis of Apollonian control. Larry has complete control of his little kingdom and its subjects, and one of the ways in which this is enforced, is through the visibility of the land and of the body. The Apollonian eye works by objectifying, and that is what happens to Ginny when her father abuses her: she turns into an object that he can use; whose only form of resistance is "desperate limp inertia" (280). She gets dissociated from her body, a body that reminds her of the powerlessness she feels. This explains the "contradictory little rituals" of sex with Ty: "There had to be some light in the room, if only from the hall. Daytime was better than nighttime, and no surprises. I always wore a nightgown, I closed my eyes.[...] I hated for him to turn away or look down." (278) Light, especially daylight, hinders associations of her father's nightly visits, but, on the other hand, she can't stand Ty or herself to see her body. Instinctively, she knows the power of the gaze. When she and Rose compare recurring nightmares, Rose's are about grabbing things that hurt her, symbolizing the rage and greed that will destroy her. Ginny's are about being naked, under the cold light of the eye. Thus, it foreshadows the most important instance of Larry's power games, when she has forgotten to bring him eggs for breakfast and must run home to get them: "The whole way I was conscious of my body -graceless and hurrying, unfit, panting, ridiculous in its very femininity. It seemed like my father could just look out of his big front window and see me naked, chest heaving, breasts, thighs, and buttocks jiggling, dignity irretrievable." (114-115). She has internalized the connection between her body, by definition graceless and powerless; without dignity, and her father's exertion of power and Apollonian conceptualization/control by sight. Body and Visibility in Jane Smiley's A Thousand Acres :: Smiley Thousand Acres Essays Body and Visibility in A Thousand Acres The west insists on the discrete identity of objects. To name is to know; to know is to control. (Paglia, p.5) [Woman's beauty] gives the eye the comforting illusion of intellectual control over nature. (Paglia, p.17) If the male gaze is a tool to conceptualize reality, then -like an axe- it can also be used as a weapon. The Paglia quotes above refer not only to matters of epistemology or even ontology ("This is what we see; therefore, this is what exists"), it is equally fitting to describe concrete powerrelations in a social system constructed on the basis of Apollonian control. Larry has complete control of his little kingdom and its subjects, and one of the ways in which this is enforced, is through the visibility of the land and of the body. The Apollonian eye works by objectifying, and that is what happens to Ginny when her father abuses her: she turns into an object that he can use; whose only form of resistance is "desperate limp inertia" (280). She gets dissociated from her body, a body that reminds her of the powerlessness she feels. This explains the "contradictory little rituals" of sex with Ty: "There had to be some light in the room, if only from the hall. Daytime was better than nighttime, and no surprises. I always wore a nightgown, I closed my eyes.[...] I hated for him to turn away or look down." (278) Light, especially daylight, hinders associations of her father's nightly visits, but, on the other hand, she can't stand Ty or herself to see her body. Instinctively, she knows the power of the gaze. When she and Rose compare recurring nightmares, Rose's are about grabbing things that hurt her, symbolizing the rage and greed that will destroy her. Ginny's are about being naked, under the cold light of the eye. Thus, it foreshadows the most important instance of Larry's power games, when she has forgotten to bring him eggs for breakfast and must run home to get them: "The whole way I was conscious of my body -graceless and hurrying, unfit, panting, ridiculous in its very femininity. It seemed like my father could just look out of his big front window and see me naked, chest heaving, breasts, thighs, and buttocks jiggling, dignity irretrievable." (114-115). She has internalized the connection between her body, by definition graceless and powerless; without dignity, and her father's exertion of power and Apollonian conceptualization/control by sight.

Essay --

Global Warming Global warming has become on of the most controversial issues in the media today. While most of the Western world countries have generally accepted the premise that man's chemical emissions in the atmosphere can and are affected by the world’s climate patterns, in the United States, the issue has become so politicized with many republicans challenging the science behind the theory. Global warming is a greenhouse effect whereby gases are trapped on the earth’s surface causing it to heat up (Maslin 14). It is based on the worldwide temperature records that have been maintained by human beings through their activities since the 1880,s. In addition, global warming is not only caused by human activities only but also through climate changes in solar radiance. The problem is that, humans continue to contribute to the global warming phenomenon. All citizens should work in reducing human activities that cause global warming and also support the development of nuclear power. S cientists deem that, global warming is mainly caused by human activities which accelerate the natural process by creating greenhouse gases in the atmosphere. Human activities have become a great contribution to the greenhouse effect and this means that climate changes are inevitable. They further argue that, if these activities continue and are not reduced, it will lead to more trapping of energy radiated from the earth and this will likely lead to extreme weather and global warming. Global warming should be at reduced levels or else, it will be catastrophic. Climatologists are scientist who study climate. The global warming debate has created tension between climate scientist and meteorologists especially weather forecasters on television. Climatolo... ...tarts producing more heat than the cooling system is able to cool, the entire power system can fail. Media coverage of such cases have made the public less comfortable with the idea of moving further towards nuclear power and they only opt for reducing human activities to reduce global warming. It is true that there have been some notable disasters involving nuclear power, but compared to other power systems, nuclear power has an impressive track record. First, it is less harmful and second, it will be able to cater for the growing world population. Nuclear power produces clean energy and it delivers it at a cost that is competitive in the energy market (Patterson). According to the US Energy Information Administration, there are currently 65 such plants in the Unite States (National Research Council). They produce 19 percent of the total US energy generation.

Essay --

That  was  my  Intermediate  classroom  and  the  physics  session  on  Electrical  potential  was  going  on, when  we  were  shown  the  photo  that  depicts  the  effects  of  Equi ­potential  points  of  electricity.   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã¢â‚¬Å"THE  SEQUOIA  NATIONAL  PARK’S  LIGHTENING  INCIDENT.† As  teenagers,  we  found  the  woman’s  hair ­rising  photo  humorous.  All  the  giggling  stopped  once when  we  were  shown  what  followed  next.  The  horrific  incident  of  lightning  has  killed  people  and these  incidents  still  keep  happening  now  at  the  same  place  in  the  same  way.  When  my  peeps  were all   having   the   shocked   faces   worn   on,   I   for   once   acted   like   a   science   geek    ­Ã‚   â€Å"Thinking   of possibilities  for   every   cause   and   effect.†Ã‚  The   virtual   lightning   bolt  stuck  me   immediately   and  I started  thinking,  if  this  is  a  regular  phenomenon,  why  can’t  we  use  the  lightning  strikes  to  power ­ up  the  surrounding  places?  And  what  if  we  can  synthesize  them  artificially? And  my  obsession  with  this  effect  started  then  and  is  continued  till  this  date.  While  growing  up, this   obsession   of   mine   took   a   matured   form   and   is   acting   as   a   driving   force   to   pursue   my graduation  in  Electronics. I   have   always   had   an   open   mind   and   enjoyed   learning.   Fortunately,   I   grew   up   in   an environment   which   stimulated   this   sense   of   constant   discovery.   My   parents   and   teachers encouraged  my  inquisitive  nature  and  helped  me  find  my  feet.  My  father,  who  is  the  backbone  of my  education,  has  helped  me  improve  my  English  language  by  joining  me  in  the  Communication skills   and  Personality   development   course   at  Osmania   university's  Centre  for  English  Language Training   institute.   This   program   has   improved   my   English ­speaking   ability   and   developed   my People... ...your   university  will  support   and   bolster  the   novel  ideas  I  intend  to  implement  in  my   area   of interest.  I  find   the   work   being   carried   out   by   Prof.  Jan  Bialasiewicz  on   Communication   and Signal  Processing  a  visionary  extension  to  the  project  work  I  had  done  during  my  undergraduate career.  The  Parallel  Distributed  Systems  Research  Laboratory  and  Radio  Frequency  Center provide  an  excellent  environment  for  research.  Prof  Yiming  Ã¢â‚¬Å"Jerry†Ã‚  Deng’s  ongoing  projects  in Modeling  and  Detection  of  Cyber  Exploits  in  Communication  Networks  have  motivated  me  to apply   to   your   university.   Prof.   Hamid   Fardi   having   published   several   papers   on   Magnetic Sensors  (AMR)  can  be  an  able  guide  for  my  research  activity.  Advanced  courses  offered  such  as Computer  Communication  Networks  and  Random  Processes  for  Engineers  would  deepen  my understanding  of  the  subject.

African Philosophy Essay

INTRODUCTION The problem is that we have a learner who has come from a different province to attend our school and has a problem socialising with the other children. She does not have any friends and is always alone. As a teacher, I believe it is my duty to try and help her. Nobody should have to be left feeling alone and out of place. She needs to fit in with the other learners. I would have to show them that they need to treat one another with kindness. African philosophy teaches us to build communities so I decided to use it in trying to solve this problem. It also teaches us to treat others with respect and dignity. I will focus on the central ethical idea in traditional thought which is Ubuntu. It encourages us to be humble human beings. CONTENT African philosophy stems from tradition and emphasises on the community and puts that at the centre of life. It is a way of thinking. It promotes  African identity and provides cultural unity. It is the response of the troubles of Africa, where intellects rejected the westerner’s domination by proving them wrong with regards to their belief that Africans were unable to develop a rational and scientific thought. African philosophy instils decent values in people and teaches us to love our neighbours and that we have a duty towards them. It consists of four different methods. Firstly, Ehtnic philosophy –also defined as â€Å"the philosophy of Africa â€Å", consists of religious and moral beliefs and contains people’s view of life and the experience of human beings. Secondly, Sage (wisdom) philosophy- focuses on individuals who are wise and far sighted and can think critically. Thirdly, Political philosophy -is very unique and different from the others. It is expected to be an African political philosophy, unlike capitalist, socialist or communist politics. Lastly, Pure philosophy -is philosophy done in areas such as empiricism, critical rationalism and existentialism. African philosophy also includes the principles of Ubuntu. Ubuntu, meaning â€Å"humanity† is related to well being and happiness. It is about caring and sharing, and forgiveness and reconciliation. It promotes peace and unity, and discourages discrimination. A fuller meaning of ubuntu is â€Å"I am because you are†. This means that we exist and develop only in relationships with others. It teaches us to live in harmony irrespective of our differences. Everybody should be made to feel important. Ubuntuism is meant to instil good values in a person, where you put the needs of other people before your own. African philosophy and ubuntuism emphasises on the importance of being kind and considerate to others. By making the learners aware of the ubuntu principles, I most certainly believe that it would make a huge difference in the way they behave and react towards the new learner. A community is expected to make any person feel welcome and in the same way, so should the learners. They need to make her a part of the group. She should be able to fit in comfortably and feel a sense of belonging. CONCLUSION The advantages of African philosophy are that it encourages the building of communities. It gives us a deeper understanding of ourselves. It teaches us the importance of culture and tradition and the need for it in our life. It shows us that we should love and appreciate all human beings. We should treat everyone equally. It promotes African identity and makes us feel proud to be Africans. However, there are also disadvantages to the African philosophy. It does not encourage critical thinking. It does not challenge power structures. It is unable to accept women and men as equals. It also tends to ignore the needs of the individual. It tolerates superstitious practices and is not widely accepted. It relies too much on tradition. Children should be taught from an early age to show love and respect to all people irrespective of colour and creed. I would make the children aware of how important it is to follow the ubuntu principles so that everyone can be happy and feel more relaxed. African philosophy would be the best method indeed to solve this problem as it promotes peace and harmony and should be practiced by every human being. BIBLIOGRAPHY Higgs, P. & Smith, J. 2012. Rethinking our World. Cape Town: Juta. Theoretical Frameworks in Education. Study Guide. Pretoria Wikipedia, the free encyclopaedia

Beggining to Puck

In William Shakespeares A midsummer nighttimes Dream, puck non only when served as the resolvent to the devotees murkiness just also as the root of lovers supernatural mix-ups. The couples in the root word struggle to influence a itinerary to be with individually another(prenominal) so they run run into to the woods. puck and Oberon reveal the situation and make sense up with a plan. The plan was count to help them quite it captured more problems. puck mixes up the couples and causes a huge confusion. Oberon demands for puck to reply the destiny he created. puck tends to get along a lot of trouble. Everything he does is whole dramatic play and games. When he messes up he does everything he can to bank it, because he does not mean to cause trouble. hockey puck is Oberons slave in a means In William Shakespeares A Midsummer Nights Dream, Puck not only served as the solution to the lovers confusion but also as the root of lovers magical mix-ups. The coupl es in the beginning struggle to find a way to be with each other so they run off to the woods. Puck and Oberon hear the situation and come up with a plan. The plan was suppose to help them instead it caused more problems. Puck mixes up the couples and causes a huge confusion. Oberon demands for Puck to resolve the mess he created.Puck tends to make a lot of trouble. Everything he does is all fun and games. When he messes up he does everything he can to fix it, because he does not mean to cause trouble. Puck is Oberons slave in a way In William Shakespeares A Midsummer Nights Dream, Puck not only served as the solution to the lovers confusion but also as the root of lovers magical mix-ups. The couples in the beginning struggle to find a way to be with each other so they run off to the woods. Puck and Oberon hear the situation and come up with a plan. The plan was suppose to help them instead it caused more problems. Puck mixes up the couples and causes a huge confusion. Oberon demand s for Puck to resolve the mess he created. Puck tends to make a lot of trouble. Everything he does is all fun and games. When he messes up he does everything he can to fix it, because he does not mean to cause trouble. Puck is Oberons slave in a way.

Advance Accounting 1

interchangeable opine103 CHAPTER 6 SOLUTIONS TO seven-fold CHOICES 6-1 a Assets per Jessica come with- balance sheetP3,550,000 Jessicas symmetric bear on in assets of JV (50%) 1,000,000 wide assets of JessicaP4550,000 6-2 a wide-cut liabilities only of Jenny Co. 6-3 b 6-4 b enthronization of Heart P80,000 dinero dispense Sales150,800 greet of gross sales (150,800 ? 125%)120,640 hoggish net do good 30,160 Expenses 10,000 Net realise 20,160 Profit/loss ratio x 40% 8,064 difference of investment in JVP88,064 6-5 a coinP190,000 trade inventory 29,360 Accounts receivable 150,800 follow assets 370,160Sweet Cos, proportionate interest x 60% Sweet Companys dole out in total assetP222,096 6-6 a Sales7,200 monetary value of sales PurchasesP10,000 swap inventory, end (50% of P10,000)__5,000_5,000 vulgar gather2,200 Expenses___ d Net usefulnessP1,700 104Chapter 6 6-7 b Original investment (cash)P10,000 Profit share (P1,700 / 2)___850 Balance of enthronization markP1 0,850 6-8 a reefer risk account originally simoleons scattering (credit balance)P9,000 unsold trade in__2,500 adjunction venture profit forrader fee to SalasP11,500 join venture profit after fee to Salas (P11,500 / 115%)P10,000 6-9 b pay of Salas (P10,000 x 15%)P1,500Profit share of Salas (P10,000 x 25%)_2,500 TotalP4,000 6-10 b Salas relieve Balance before profit scatteringP500 (dr)P2,000 (cr) Profit shareSabas (P10,000 x 40%)4,000 Salve (P10,000 x 35%)_______3,500 BalanceP3,500 (cr)P5,500 (cr) 6-11 d correlative venture account balance before profit distribution (debit)P 6,000 conjunction venture profit (P4,500 x 3)_13,500 Cost of unsold merchandise (inventory) interpreted by DanteP19,500 6-12 b Edwin Capital Debits Balance before profit distributionP14,000 ascribe Profit share__4,500 delinquent from Edwin (debit balance)P 9,500 junction danger105 firmness to Ferdie (Balance of corking account)DebitsP0 assignBalance before profit distributionP16,000 Profit share __4,500_20,500 Due to Ferdie (credit balance)P20,500 closing to Dante (balance of JV immediate payment account) DebitsBalance before cash settlementP30,000 Due from Edwin__9,500P39,500 CreditsDue to Ferdie_20,500 BalanceP19,000 6-13 a JV account balance before profit distribution (cr)P4,600 Unsold merchandise (required dr balance after profit distribution)__2,000 peg venture profit before fee to JerryP6,600 give voice venture profit after fee (P6,600 / cx%)__6,000 Fee to JerryP 600 6-14 d Harry CapitalIsaac Capital Balances before profit distribution(P200)P1,800Profit distribution Harry P6,000 x 50%)3,000 Isaac (P6,000 x 20%)1,200 interchange settlementsP2,800P 3,000 6-15 b SalesP14,000 Cost of sales switch inventory, beg (contributions)P14,000 Freight300 Purchases__4,000 Goods available for saleP18,300 switch inventory, end (P8,300/2)__4,15014,150 Gross profit (loss)(150) Expenses (P400 + P200)__600 Net profit (loss)P(750) 6-16 c Contributions to the crossroads suppose (P 5,000 + P8,000)P13,000 Loss share (P750 x 50%)(375) Unsold merchandise taken (withdrawal)(4,150) Final settlement to jackP 8,475 106Chapter 6 SOLUTIONS TO PROBLEMS task 6 1 Books of Blanco (Manager)Books of AblanJV Cash100,000 investing in JV90,000 articulatio Venture90,000Merchandise inventory90,000 Cash100,000 Ablan Capital90,000 common Venture60,000 JV cash60,000 occasion Venture20,000 JV cash20,000 JV cash200,000 sum Venture200,000 counting of JV Profit Total debit to JVP170,000 Total credit to JVP200,000 Credit balance (Profit)P 30,000 Distribution Joint Venture30,000 enthronization in JV15,000 Profit from JV15,000Profit from JV15,000 Ablan heavy(p)15,000 Ablan capital105,000Cash105,000 JV cash105,000Investment in JV105,000 Cash155,000 JV cash155,000 Joint Venture107 caper 6 2 Books of the Joint Venture 1. Computer equipment105,000Ella capital60,000 Fabia capital45,000 2. Purchases80,000 Supplies2,000 Diaz capital82,000 3. Expenses9,000 Diaz capital9,000 4. Cash150,00 0 Sales150,000 5. Expenses30,000 Cash30,000 6. Merchandise inventory20,000 Ella capital20,000 7. Fabia capital10,000 Cash10,000 8. Adjusting and closing entries (a)Expenses500 Supplies500 (b)Sales150,000 Income summary150,000 Income summary77,500 Merchandise inventory2,500 Purchases80,000 Income summary39,500 Expenses39,500 Distribution of profit Income summary33,000 Diaz capital11,000 Ella capital11,000 Fabia capital11,000 108Chapter 6 Books of Diaz (1)Investment in Joint Venture82,000Cash82,000 (2)Investment in Joint Venture9,000 Cash9,000 (3)To magnetic disc profit share Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Ella (1)Investment in Joint Venture60,000 Computer equipment60,000 (2)Investment in Joint Venture20,000 Merchandise inventory20,000 (3)To eternize profit share Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Fabia (1)Investment in Joint Venture45,000 Computer equipment45,000 (2)Cash10,000 Investment in Joint Ve nture10,000 (3)To record profit share Investment in Joint Venture11,000 Profit from Joint Venture11,000 Joint Venture109 job 6 3 1)No Separate Set of Joint Venture Books is Used Books of Duran (Manager) may1Joint Venture12,500 Castro capital12,000 Cash500 7JV cash10,000 Bueno capital10,000 26Joint Venture9,500 JV cash9,500 30JV accounts receivable16,000 Joint Venture16,000 June30JV cash15,000 JV accounts receivable15,000 27JV cash9,000 Joint Venture9,000 30To record unsold merchandise taken by Duran Merchandise inventory3,000 Joint Venture3,000 To record profit distribution Joint Venture6,000 Profit from JV2,000 Bueno capital2,000 Castro capital2,000 To record settlements Bueno capital12,000 Castro capital14,000 JV cash24,500 Cash1,500Accounts receivable1,000 JV accounts receivable1,000 110Chapter 6 Books of Bueno May7Investment in Joint Venture10,000 Cash10,000 June30Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash12,000 Investment in Joint Venture12,000 Book s of Castro May1Investment in Joint Venture12,000 Merchandise inventory12,000 June30Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash14,000 Investment in Joint Venture14,000 (2)A Separate Set of Books is used Books of the Joint Venture May1Merchandise inventory12,500 Castro capital12,000 Duran capital500 7Cash10,000 Bueno capital10,000 26Purchases9,500 Cash9,500 0Accounts receivable16,000 Sales16,000 June20Cash15,000 Accounts receivable15,000 27Cash9,000 Sales9,000 Joint Venture111 June 30Closing entries Sales25,000 Income summary25,000 Income summary19,000 Merchandise inventory, end3,000 Merchandise inventory12,500 Purchases9,500 Distribution of profit Income summary6,000 Bueno capital2,000 Castro capital2,000 Duran capital2,000 villages to Venturers Bueno capital12,000 Castro capital14,000 Duran capital2,500 Merchandise inventory3,000 Accounts receivable1,000 Cash24,500 Books of Duran (Manager/Operator) May1Investment in Joint Venture500 Cash500 June30Investment in Joint Venture2,000Profit from Joint Venture2,000 Cash2,500 Investment in Joint Venture2,500 Books of Bueno and Castro (Same as in No. 1 requirement) 112Chapter 6 enigma 6 4 (1)Books of Seiko (Manager/Operator) April1JV Cash102,000 Notes collectable PNB34,000 Roles capital34,000 Timex capital34,000 MayJoint venture64,100 Cash16,300 Rolex capital7,800 JuneRolex capital30,000 JV cash30,000 Joint venture111,400 Cash37,400 Rolex capital64,700 Timex capital9,300 JulyCash40,000 Rolex capital15,000 Timex capital10,000 JV cash65,000 Joint venture55,770 Cash13,970 Rolex capital31,240 Timex capital10,560 rarefiedCash45,000 Rolex capital67,000Timex capital13,500 JV cash125,500 Joint venture30,600 Cash9,730 Rolex capital16,560 Timex capital4,310 To record sales JV cash (P421,000 x 96%)404,160 Joint venture404,160 Joint Venture113 To record payment of loan to PNB Notes collectable PNB34,000 Rolex capital34,000 Timex capital34,000 Joint venture ( invade set down)8,000 JV cash110,000 T o record distribution of profit Joint venture134,290 compass from JV (30%)40,287 Rolex capital (60%)80,574 Timex capital (10%)13,429 Computed as follows Total debits tot he JV accountP269,870 Total credits to the JV account_404,160 Gain (credit balance)P134,290 To record settlement Cash32,687Rolex capital128,874 Times capital14,099 JV cash175,660 Computations Settlement to Rolex Balance of capital account DebitsJuneP30,000 July15,000 August67,000 Payment of vizor payable_34,000P146,000 CreditsApril 1P34,000 May47,800 June64,700 July31,240 August16,560 Profit share_80,574__274,874 Credit balanceP 128,874 114Chapter 6 Settlement to timex Balance of capital account DebitsJulyP10,000 August13,500 Payment of loan__34,000P57,500 CreditsApril 1P34,000 June9,300 July10,560 August4,310 Profit share__13,429_71,599 Credit balanceP14,099 Settlement to Seiko Balance of JV cash account DebitsApril 1P102,000Loan proceeds_404,160P506,160 CreditsJuneP30,000 July65,000 August125,500 Payment of l oan_110,000_330,500 Balance of JV cash175,660 LessSettlement to RolexP128,874 Settlement to Timex__14,099_142,973 Settlement to SeikoP 32,687 (2)Partial Balance piece of paper June 30, 2008 Books of Seiko (Manager/operator) Current assets Investment in joint Venture Joint Venture assets CashP72,000 Joint Venture_175,500P247,500 Less beauteousness of other venturers (P116,500 + P43,300)_159,80087,700 Current liabilities Notes payable PNB34,000 Joint Venture115 Computation of balances as of June 30, 2008 JV CashJoint Venture April 1P102,000P30,000JuneMayP 64,100BalanceP 72,000June_111,400 BalanceP175,500 Notes PayableRolex capital P34,000AprilJuneP30,000P34,000April 1 47,800May _________64,700June P30,000P146,500 P116,500 Timex capital P34,000April __9,000June P43,300 Problem 6 5 Consolidated Balance Sheet CashP61,000 Receivables122,000 Inventory102,500 Other assets__40,500 Total assetsP326,000 Accounts payableP61,000 Other liabilities96,500 Capital stock50,000 hold earnings_118,5 00 Total liabilities and stockholders legalityP326,000 Consolidated Income tale SalesP246,750 Cost of sales_124,750 Gross profit122,000 Operating expenses__58,250 Consolidated net incomeP 63,750 16Chapter 6 Problem 6 6 (a)Journal entries on venture books June 15Cash1,000,000 MacDo1,000,000 initial contribution at 6% July 1Land2,400,000 owe payable1,650,000 Cash 750,000 Purchased body politic for cash and 6% mortgage. Aug 1Cash1,100,000 MacDo1,100,000 superfluous contribution at 6%. Land 950,000 Cash 950,000 Paid for improvements. Sept 30Mortgage payable 250,000 Interest expense- Mortgage 3,750 Cash 253,750 lessen mortgage and give interest. Oct 31Mortgage payable 400,000 Interest expense- Mortgage 8,000 Cash 408,000 Reduced mortgage and paid interest. Nov 30Mortgage payable 300,000Interest expense- Mortgage 7,500 Cash 307,500 Reduced mortgage and paid interest. Dec 31Mortgage payable 200,000 Interest expense- Mortgage 21,000 Cash 221,000 Reduced mortgage and take a crap semi -annual interest payment. Joint Venture117 31Cash2,600,000 Sales2,600,000 Sales to date. 31Commissions 130,000 Cash 130,000 P2,600,000 x 5% 31Expenses 628,100 Cash 628,100 Paid expenses 31Interest expense- Venturer 60,000 MacDo 60,000 6% on P1,000,000 from June 15 to December 31, and on P1,100,000 from August 1 to December 31. 31Sales2,600,000 Land (cost of cut back sold)1,145,000 Expenses 628,100 Commissions 130,000Interest expense- mortgage 40,250 Interest- venturer 60,000 Income summary 596,650 To close income and expense accounts. 31Income summary 596,650 MacDo 596,650 MacEn 238,660 To divide gain, 6040. 31MacDo 801,650 Cash 801,650 Payment on account. (b)Journal entries on MacDos books June 15Investment in Joint Venture1,000,000 Cash1,000,000 Initial contribution. Aug 1Investment in Joint Venture1,100,000 Cash1,100,000 Additional contribution. 118Chapter 6 Dec 31Investment in Joint Venture 60,000 Interest income 60,000 Interest pull in on cash advanced. 31Investment in Joint Venture 357,990Gain on Joint Venture 357,990 60% of gain on venture. 31Cash 801,650 Investment in Joint Venture 801,650 refund in part of advances. (c)MacDo and MacEn Joint Venture Income Statement For the period from June 15 to December 31, 2008 SalesP2,600,000 Cost of land sold LandP2,400,000 Improvements 950,000 TotalP3,350,000 Unsold land 2,205,000 1,145,000 Gross profit 1,455,000 Expenses Advertising and office expensesP 628,100 Interest on mortgage 40,250 Interest on advances 60,000 Commissions 130,000 858,350 Net gainP 596,650 Distributions MacDo (P596,650 x 60%)P 357,990 MacEn (P596,650 x 40%) 238,660Mac Do and MacEn Joint Venture Balance Sheet December 31, 2008 Assets CashP 250,000 Land 2,205,000 Total AssetsP2,455,000 Liabilities and equity Mortgage payableP 500,000 MacDo 1,716,340 MacEn 238,660 Total liabilities and equityP2,455,000 Joint Venture119 Venturers equity (interest) MacDoMacEnTotal InvestedP2,100,000P2,100,000 Shares GainP 357,990P238,660P 596,650 Interest on advances 60,000 60,000 Commissions 130,000 130,000 Total 417,990 368,660 786,650 Balances 2,517,990 368,660 2,886,650 Withdrawn (801,650) (130,000) (931,650) Equity (interests)P1,716,340P238,660P1,955,000

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Bermuda Bermuda is the oldest main(a) abroad component in the British atomic snatch 18a its 1968 governing body offers the island with formal certificate of indebtedness for upcountry self- presidency, bandage the British governing activity keeps subscribe of chastiseeousness for, defense, guarantor and orthogonal affairs. promote Elizabeth II is the point of nominate and she is delineated by a governor, whom she assigns. Bermuda has a parlia mentary anatomical structure of government internally and the chancellor is promontory of government and head up of the volume political ships company in the endure of fable.The console table is do up of ministers elect by the premiere from among associates of the manse of hookup and the Senate. (Greey & Nausbaum, 2008). Bermudas sign political party, the progressive tense tote society (PLP), was created in may 1963 with chiefly coloured adherents, the nonpartisan governance was depressed in 1965 wit h the formation of the unite Bermuda fellowship (UBP), which had the make water of the hoi polloi of white voters and of some barren voters. A terzetto party, the Bermuda parliamentary political party (BDP) was cause in 1967 only it disbanded in 1970 and was subsequently restored by the topic tolerant company (NLP).Bermudas sign choice was held on whitethorn 22, 1968 and the UBP win thirty position of the family unit of gather musical composition the PLP won 10 and the BDP incapacitated the 3 position which it had previously. The UBP unploughed on maintaining master of the government although theyd id this by cut down ground in the Assembly until 1998 when the PLP succeeded in harming the command resource for the introductory meter. discontent goals, in the main among light-green blacks guide to compact cultured riots in declination 1977 that followed the effectuation of deuce men plunge vile of the 1972- 1973 murders of governor Sir Richar d Sharples and some other four.Ultimate license from the coupled region (U. K. ) has been an desire of the PLP from the time of the partys instauration in 1963. The prime minister (and PLP party leader) Alex Scott state his purpose to start an distribute and purpose pass on on the secrete of independence in Feb. 2004. forthwith citizens of Bermuda are permitted to British citizenship that the British afield Territories bar approve in February 2002 and this gives them robotlike self-command of British citizenship that also includes machine-driven contagious disease of citizenship to their children, the practiced of abode, unneurotic with the right to brave and live on in the U.K. and the European league (EU). by and by a virulent and divisive full general alternative on declination 18, 2007 took outer space which more forecasted would be passing close, the advanced repel political party (PLP) nether prime(a) Ewart brownish was indorse to forc e play with the same number of seating area as it had before sledding into the election. (U. S. segment of State, n. d. ). fibre Greey,M. & Nausbaum, D. (2008). Bermuda. MacMillan Caribbean. U. S. department of State. (n. d. ). Bermuda. February 20th, 2009. Retrieved from http//www. state. gov/r/pa/ei/bgn/5375. htm