chapter 3 question / fill in accounting sheet
Select an assessments/test/evaluation that ties into your specific career interest. (i.e. 1-mile run test, push up, bench press, squat or any other strength related tests, various balance tests, any sports skills tests, any body composition tests, any motor skills tests, any psychology/mental assessments, it could also be just a written questionnaire that is assessing things like mental or emotional status, for example an IQ test, etc.).
Based on your selection respond to the following questions: (BE SPECIFIC!) My major is Sports Management
1. What assessment (physical fitness, performance, mental, etc.) did you choose to analyze?
2. Why did you choose this specific assessment and how does it tie into your anticipated career path?
3. What equipment is necessary to administer this assessment?
4. How could you improve the equipment to ensure more accuracy (i.e. not missing any pieces, working properly, etc.)?
5. What is the purpose of this assessment? Give a brief description of why this assessment is performed and why it would be beneficial to use this assessment for collecting baseline data on an individual.
6. Are there any specific reasons that an individual should not do this assessment (e.g. someone with back problems, knee problems, other health concerns, age, etc.)?
7. What is the standard protocol for the assessment (List each of the specific steps required to follow when completing the assessment? And, where did you obtain the information for the standard protocol?
8. A. What does the term reliability mean, with regards to measurement accuracy?
B. Does this assessment have a high level of reliability? What things could have the greatest affects on the reliability of this assessment?
C. What is one of the simple methods used for assessing reliability (p. 41)?
9. A. What does the term validity mean, with regards to measurement accuracy?
B. Does this assessment have a high level of validity?
C. What things could have the greatest affects on the validity of this assessment?
10. Are there any other assessments used to measure the same information/baseline data? (For example, if you were doing a push up assessment to test upper body strength, there are many other assessments that can be used to test upper body strength as well, including the sub-max or max bench press assessment.)
Part 2
Problem 2-5A (Part Level Submission)
The Starr Theater, owned by Meg Vargo, will begin operations in March. The Starr will be unique in that it will show only triple features of sequential theme movies. As of March 1, the ledger of Starr showed: Cash $2,950, Land $24,000, Buildings (concession stand, projection room, ticket booth, and screen) $12,000, Equipment $12,000, Accounts Payable $6,400, and Owner’s Capital $44,550. During the month of March, the following events and transactions occurred.
Mar. 2
Rented the three Indiana Jones movies to be shown for the first 3 weeks of March. The film rental was $3,400; $1,500 was paid in cash and $1,900 will be paid on March 10.
3
Ordered the Lord of the Rings movies to be shown the last 10 days of March. It will cost $190 per night.
9
Received $4,400 cash from admissions.
10
Paid balance due on Indiana Jones movies rental and $2,000 on March 1 accounts payable.
11
Starr Theater contracted with Adam Ladd to operate the concession stand. Ladd is to pay 15% of gross concession receipts, payable monthly, for the rental of the concession stand.
12
Paid advertising expenses $900.
20
Received $5,300 cash from customers for admissions.
20
Received the Lord of the Rings movies and paid the rental fee of $1,900.
31
Paid salaries of $2,800.
31
Received statement from Adam Ladd showing gross receipts from concessions of $7,000 and the balance due to Starr Theater of $1,050 ($7,000 × 15%) for March. Ladd paid one-half the balance due and will remit the remainder on April 5.
31
Received $9,600 cash from customers for admissions.
(a)
Enter the beginning balances in the ledger.
Cash
No. 101
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Accounts Receivable
No. 112
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
Land
No. 140
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Buildings
No. 145
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Equipment
No. 157
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Accounts Payable
No. 201
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Owner’s Capital
No. 301
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
√
Service Revenue
No. 400
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
Rent Revenue
No. 429
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
Advertising Expense
No. 610
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
Salaries and Wages Expense
No. 726
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance
Rent Expense
No. 729
Date
Explanation
Ref
Debit
Credit
Balance
Mar. 1
Balance