7

II

7.4 Frank Wood 7

7.5 Frank Wood 8

Q1

Q2

(a)

$600

(b)

78

2010 3 31
$

25,000
12,000
9,600

$
80,000

46,600
126,600

$
100,000
26,000
600
126,600

2010 3 31
$

$
80,000

25,000
12,000
9,600
46,600

(26,000)
20,600)
100,600
(600)
100,000)

100,000)

Q3

(a) (i)(iii) (iv) (ii)

(b) (i) $700

$700

(ii) $360
$360

(iii)

(iv)

$400
$400
$500
$500

(c)

(iv)

$
600 (i)
500 (iii)
1,100

Q4

Q5

$
700
400
1,100

79

Q6

(a) (i)(ii) (iii)

(b)

($950 $590)

(ii)

(i)
(iii)

(1,100)
15,560)

(c) (ii) (iv)

(d)

($950 $590)

(ii)

(iv)

$
8,700
360
9,060
(500)
8,560)

A1

(ii) (iii)

(ii) $200
$200

(iii)

$930
$930

(a)

(b)

(c)
(e)

$1,000

(d)

80

700
400

$
16,300
360
16,660

$450
3

2X

(a)

(b)

$3,400

(c)

(d)

$1,500

(e)

$610

(f)

$170

(g)

(a)

2009
12 31 (i)

$
1,000

12 31 (ii)

2,500

1,000
2,500

12 31 (iii)

700

700

12 31 (iv)

3,000

12 31 (v)

3,600

3,000

33,600

30,000

(i)
(iv)

33,600
30,000

(c)

3,600

(b)
2009
12 31
12 31

$ 2009
1,000 12 31
3,000 12 31
4,000

$
3,300
700
4,000

(iii)

2009 12 31
$
(i)
(iv)

1,000
3,000

(iii)
(v)

700
3,600

$
79,000
4,000
83,000
(4,300)
78,700)

81

4X

(a)

(b)

(c)

(d) $100,000
$10,000 $90,000
$90,000 $900 $89,100
$179,100 $900

(a)

2009
6 30 (i)

6 30 (ii)

100

6 30 (iii)

850

100
850

6 30 (iv)

82

166
166

(b)
2009
6 30
6 30

$
350

$
350

(iv)

(v)

$ 2009
1,134
6 30
166
6 30
6 30
1,300

(i)
(ii)
(iii)

$
350
100
850
1,300

2009 6 30

(c)

($87,050 $350)

($305 + $100)

($10,000 + $850)
2008 7 1

($5,045 + $166 $490)

($4,520 $490)

62,400
405
410
3,168
595
10,850
12,490
8,120
4,721
6,790
4,030
108,848

6X

$
86,700

17,017
108,848

(a)

$
258

(i)

1,500
1,500

(iv)

168
168

(v)

44

(i)
(iii)

$
258

(iii)

(b)

44

$
258
1,500 (iv)
(v)
1,758

$
1,546
168
44
1,758

(ii)

83

2009 12 31

(c)

($60,375 $258)

($14,371 $2,000)
($598 + $44)
2009 1 1
( $4,290 $168)
($5,000 $2,000)

($5,790 $1,500)

$
25,621

13,690
94,630
60,117
1,210
12,371
642
8,792
11,370

1,109

4,122
3,000

22,000
6,000
4,290
134,482

134,482

(d)

2009 1 31

(a)

2008 2 1

2008 2 1

28,000
25,970
21,300
17,500
10,200
27,350
74,300
850
460
9,500
43,800
157,120

157,110

(b) $10
(c)

2009
1 31 (i)

1 31 (ii) ($560 $500)

$
750

$
750

60
60

1 31 (iii)

1,200

1 31 (iv)

380

1 31 (v) ($5,640 $4,560)

84

$
55,000

1,200
380
1,080
1,080

2009 1 31

(d)

2008 2 1

2008 2 1
($21,300 $60)
($17,500 + $1,200)

($27,350 $750)
($74,300 + $1,080)

($43,800 $1,200)

8X

$
55,000

28,000
25,970
21,240
18,700
10,200
26,600
75,380
850
460
9,500
42,600
380
157,440

157,440

(a)

2009
12 31 (i)

$
550

4,600

4,600

4,600
4,600
550*

12 31 (ii)

550*

600
600

12 31 (iii)

1,150

1,150

12 31 (iv)

380
380

12 31 (v) ($9,600 $6,900)

$
550

2,700
2,700

(b)
2009
12 31
12 31

(ii)
(v)

$ 2009
600 12 31
2,700 12 31
3,300

(iv)

$
2,920
380
3,300

85


2009 12 31

(c)

(i)
(ii)
(iii)

550
600
1,150

(i)
(iv)

550
380

$
113,700

2,300
116,000
(930)
115,070)

(a)

2010
12 31 (i)

$
1,680

($840 2)

1,000
1,000

12 31 (iii)

279
279

12 31 (iv)

12,800
12,800

12 31 (v)

390

12 31 (vi)

1,566

390
1,566

12 31 (vii)

380
380

($380 10%)

38
38

12 31 (viii)

1,999
1,999

12 31 (ix) ($940 $490)

12 31 (x)

450
450

116

(b)
2010
12 31
12 31
12 31

(v)
(ix)

$
3,955
390
450

2010
12 31
12 31
12 31
12 31

(i)
(ii)
(viii)
(x)

4,795

86

$
1,680

12 31 (ii)

(i) 2 $840 2 = $1,680

(iii)(iv)(vi) (vii)

$
1,680
1,000
1,999
116
4,795


2010 12 31

(c)

(v)
(vii)

(i)
(ii)
(iii)
(iv)
(vii)
(viii)

10X (a)

1,680
1,000
279
12,800
380
1,999

$
479,280
390
38
479,708

(18,138)
461,570)

2006
12 31 (i)

$
3,600

3,600

12 31 (ii)

1,325

1,325

12 31 (iii)

6,000
6,000

($6,000 20%)

1,200
1,200

12 31 (iv)
($3,830 $3,800)

30
30

12 31 (v)
($755 $575)

180

12 31 (vi)

380
380

12 31 (vii)

(b)
(iv)
(v)

(c)

180

760

500

$
30 (i)
180 (ii)
5,975 (vi)
(vi)
(vii)
6,185

$
3,600
1,325
380
380
500
6,185

$
(ii)
(vii)
(iv)

1,325
500

$
81,085
1,825
82,910
(30)
82,880)

87

11

(a)

2010
3 31 (i)

$
9,600
4,320

4,320

3 31 (ii)

4,000

4,000

($4,000 10%)

400
400

3 31 (iii) ($600 2)

1,200

3 31 (iv)

6,000

1,200

6,000

($6,000 25%)

1,500
1,500

3 31 (v) ($680 2)

1,360
1,360

3 31 (vi)

960
960

(c)

88

800
800

(b)
2010
3 31

$
9,600

$ 2010
2,560
3 31
3 31
2,560

$
1,200
1,360
2,560

(iii)
(v)

2010 3 31
$
(i)
(ii)
(iv)
(vi)

9,600
400
6,000
800

(i)
(iii)
(iv)
(v)
(vi)

4,320
1,200
1,500
1,360
960

$
65,200

16,800
82,000

(9,340)
72,660)

12X (a)

(i)

$
1,270

$
1,270

(ii)

16,240
16,240

36,000
36,000

($36,000 20%)

7,200
7,200

($28,800 $7,200)

21,600
21,600

1,840
1,840

16,240
28,800
36,000
9,040

(iii)

1,820

(iv)

1,270

1,820
4,840

1,270

(v)

3,163

(vi)

1,140

3,163
1,140

{[($75,540 $1,140) 3%] $2,200}

32
32

(vii)

1,360

(viii)

2,360

1,360

2,360

(ix)

270
270

2,749
2,749

(x)

(b)

(iii)
(x)

1,890
1,890

$
2,670 (i)
1,820 (iii)
1,890 (ix)
6,380

$
1,270
4,840
270
6,380

89


2009 9 30

(c)

(ii)
(ii)
(iii)
(iv)
(v)
(viii)

7,200
1,840
1,820
1,270
3,163
2,360

(i)
(ii)
(vi)
(vi)
(vii)

1,270
16,240
1,140
32
1,360

$
68,437

17,653
86,090

(20,042)
)66,048)

14X (a)

$
2,000

(i)

42,000

42,000

(iii) ($9,810 $8,190)

1,620

(iv)
($4,320 $2,430)

1,890

(v)

6,700

1,620
1,890

6,700

(vi) ($2,870 + $287)

3,157

(vii)

1,600

3,157
1,600

(b)

90

$
2,000

(ii)

2006
12 31
12 31

(iii)

$ 2006
47,027 12 31
1,620 12 31
12 31
12 31
48,647

(ii)
(iv)
(vi)
(vii)

$
42,000
1,890
3,157
1,600
48,647

(c)

(i)

(ii)

15

(a)

$
57,000

(i)

57,000

(ii)

1,300

(iii) ($6,350 $3,650)

2,700

1,300
2,700

(iv)

850
850

(v)
($5,200 2)

10,400
10,400

(vi)

9,400

(vii)

3,100

9,400
3,100

(b)
2007
3 31
3 31

(i)
(v)

$ 2007
57,000
3 31
10,400
3 31
3 31
3 31
67,400

(ii)
(iii)
(vii)

$
60,300
1,300
2,700
3,100
67,400

91

16

(a)

$
5,000

(i)

4,500

4,500

(iii)

8,300
8,300

(iv)

2,500

8,300
8,300
2,500

520

520

(v)

7,500

7,500

(vi)

50,000
50,000

(vii)

2006
3 31
3 31
3 31

92

2,100
400
500
3,000

(b)

(ii)
(iii)

$ 2006
37,200
3 31
4,500
8,300
50,000

(vi)

(c)

$
2,500
2,500

(ii)

$
50,000

50,000

18

(a)

$
10,400

(i)

(ii)

6,428

(iii)

1,960

6,428
180
980
980
720,000
720,000

(v)

2,000
2,000

(vi)

8,000

4,000
8,000

(vii)

10,000
10,000

2005 6 30

(b)

$
(ii)
(iii)
(iii)
(iv)

6,248
980
980
720,000

(ii)
(v)
(v)
(vii)

6,428
2,000
2,000
10,000

$
116,819

728,208
845,027

(20,428)
824,599)

(c)

(i)

(ii)

(iii)

(iv)

(v)

$
10,400

(iv)

93