shreshthswami5

Write a letter as if you are a foreign exchange student living in America. Pretend you are writing to your family in your homeland and you must explain an American custom they know nothing at all about.

To write a convincing letter, you must examine the American custom through the eyes of an outsider. What may seem perfectly natural and logical to us may seem silly to someone from a foreign country.

Think about what foreign students must think when they are first confronted with American children dressing in rags and outlandish costumes, going out knocking on doors begging for candy, and threatening to pull a trick on the people who have no candy for them. Or what about American customs at Christmas and Thanksgiving?

Your letter must be a minimum of three paragraphs containing 5-7 sentences each.

Directions: Write a letter according to the instructions below.

A. Name a problem in your community and how you would solve it if you had the power.

B. Put your thoughts in the form of a 'letter to the editor' of your local newspaper.

D. Your letter should be at least 150 but not more than 200 words. Be certain to use correct capitalization, punctuation, and paragraph form.

At December 31, 2011, Craig Corporation reported these plant assets. Land $4,000,000 Buildings $28,800,000 Less: Accumulated depreciation-building $11,520,000 $17,280,000 ___________ Equipement $48,000,000 Less: Accumulated depreciation-equipment $ 5,000,000 $43,000,000 ___________ Total plant assets $64,280,000 During 2012, the following selected cash transactions occured. April 1. Purchased land for $2,600,000 May 1. Sold equipment that cost $750,000 when purchased on January 1, 2007. The equipment was sold for $367,000. June 1. Sold land purchased on June 1, 2000, for $1,800,000. The land cost $800,000. Sept. 1. Purchased equipment for $840,000. Dec. 31. Retired fully depreciated equipment that cost $470,000 when purchased on December 31, 2002. No salvage value was recieved a) Journalize the transactions. (Hint: You may wish to set up T accounts, post beginning balances, and then post 2012 transactions). Craig uses straight-line depreciation for buildings and equipment. The buildings are estimated to have a 40-year life and no salvage value; the equipment is estimated to have a 10-year useful life and no salvage value. Update depreciation on assets disposed of at the time of sale or retirment. b) Record adjusting entries for depreciation for 2012. (Note: The only assets that are fully depreciated are those that were retired on December 31.) c) Prepare the plant assets section of Craig's balance sheet at December 31, 2012.