Type yоur sоlutiоn in the window below (no uploаds). Write а clаss to represent an object called Toy. Every Toy has a price that can contain 2 decimal points, a name with arbitrary letters/numbers in it and a time that has no decimal places. Your instance variables should not be accessible to any class outside of the Toy class. The class should have a constructor that uses three parameters. Users can create a Toy using: Toy t = new Toy("Riding car", 50.99, 0); // order of arguments: name, price, time Allowed behaviors/methods that can be used include the following: System.out.print(t); // results in the following being printed: Name: Riding car, price: 50.99, time: 0 t.increaseTime(); // increases time by 1. If time is multiple of 3 after the increase happens, then it decrease the price by 5.00. However, the price should never drop below 5.00. System.out.print(t); //prints out: Name: Riding car, price: 50.99, time: 1 t.increaseTime(); t.increaseTime(); System.out.print(t); //prints out: Name: Riding car, price: 45.99, time: 3 The class shouldn't have any mutator methods, however, it must have accessor methods for all instance variables. Note: Do not skip minor details like semi-colons, parenthesis, etc. Even though you are not allowed to use a compiler for this exam, your code should be as close to compiling as possible. It doesn't need to be perfect, but it should be close.
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Anаlyzing аnd Identifying Finаncial Statement Effects оf Stоck Transactiоns The stockholders’ equity of Sougiannis Company at December 31 of the prior year follows. Preferred stock (1) $750,000 Common stock (2) 900,000 Paid-in capital in excess of par value—preferred stock 36,000 Paid-in capital in excess of par value—common stock 540,000 Retained earnings 487,500 Total stockholders’ equity $2,713,500 (1) 7% preferred stock, $100 par value, 30,000 shares authorized; 7,500 shares issued and outstanding (2) Common stock, $15 par value, 150,000 shares authorized; 60,000 shares issued and outstanding The following transactions, among others, occurred during the current year. Jan. 12 Announced a 3-for-1 common stock split, reducing the par value of the common stock to $5 per share. The authorized shares were increased to 450,000 shares. Sept. 1 Acquired 15,000 shares of common stock for the treasury at $10 cash per share. Oct. 12 Sold 2,250 treasury shares acquired September 1 at $12 cash per share. Nov. 21 Issued 7,500 shares of common stock at $11 cash per share. Dec. 28 Sold 1,800 treasury shares acquired September 1 at $9 cash per share. a. Prepare the journal entries for these transactions. ● Note: If a journal entry isn't required on any of the dates shown, select "N/A—debit" and "N/A—credit" as the account names and leave the Dr. and Cr. answers blank (zero). Date Account Debit Credit Jan. 12 {#1} {#2} Sep. 1 {#3} {#4} Oct. 12 {#5} {#6} {#7} Nov. 21 {#8} {#9} {#10} Dec. 28 {#11} {#12} {#13} b. Post the journal entries to the related T-accounts. ●Note: Enter your answers, in transaction order, in the first open field of the appropriate column in each account. Cash {#14} {#15} {#16} {#17} {#18} {#19} Common stock {#20} {#21} Additional paid-in capital {#22} {#23} {#24} {#25} {#26} {#27} Treasury stock {#28} {#29} {#30} {#31} {#32} {#33}
Identifying аnd Anаlyzing Finаncial Statement Effects оf Stоck Transactiоns The stockholders’ equity of Verrecchia Company at December 31 of the prior year follows. Common stock (1) $600,000 Paid-in capital in excess of par value 480,000 Retained earnings 276,800 (1) Common stock, $5 par value, 280,000 shares authorized; 120,000 shares issued and outstanding During the current year, the following transactions occurred. Jan. 5 Issued 8,000 shares of common stock for $12 cash per share. Jan. 18 Purchased 3,200 shares of common stock for the treasury at $14 cash per share. Mar. 12 Sold one-fourth of the treasury shares acquired January 18 for $17 cash per share. Jul 17 Sold 400 shares of the remaining treasury stock for $13 cash per share. Oct. 1 Issued 4,000 shares of 8%, $25 par value preferred stock for $35 cash per share. This is the first issuance of preferred shares from 40,000 authorized shares. a. Prepare the journal entries for these transactions. ● Note: If a journal entry isn't required on any of the dates shown, select "N/A—debit" and "N/A—credit" as the account names and leave the Dr. and Cr. answers blank (zero). Date Account Debit Credit Jan. 5 {#1} {#2} {#3} Jan. 18 {#4} {#5} Mar. 12 {#6} {#7} {#8} Jul. 17 {#9} {#10} {#11} Oct. 1 {#12} {#13} {#14} b. Post the journal entries to the related T-accounts. ●Note: Enter your answers, in transaction order, in the first open field of the appropriate column in each account. Cash {#15} {#16} {#17} {#18} {#19} {#20} {#21} {#22} Common stock {#23} {#24} Preferred stock {#25} {#26} Additional paid-in capital {#27} {#28} {#29} {#30} {#31} {#32} Retained Earnings {#33} {#34} Treasury stock {#35} {#36} {#37} {#38} {#39} {#40}