Used Backhoe

Posts Tagged ‘please’

I have two baby rabbits. I need some tips for taking care of them. I know what your thinking, they should be with their mother, but my dad was at work and there was a backhoe loading whiterock into a dumptruck and they were in the white rock and then the dump truck dumped the whiterock and a backhoe was loading the whiterock and that is when they discovered the baby rabbits so he put them in his shirt pocket and brought them home. They have a few cuts on their legs. I have been feeding them with replacement milk and rubbing their hineys with a warm washcloth to get them to use the bathroom. They do not have their eyes open yet. Any tips?
I don’t know of any rehabilitation centers around here. I would appreciate tips. If they’ve made it through all of that…I think they have at least a slight chance. They are eating well and breathing well.

i live in a subdivision where each house has at least 10 acres of land. I’ve lived here for a little over 5 years. About two years ago our neighbor started building his house, no problems. last year before summer vacation. he took his backhoe and started to cut trees down on my (parent’s) land. now this is key he did this WITHOUT MY PARENT’S PERMISSION!!! also we have another neighbor who used our driveway because he lives behind us and has no other way out. anyway i don’t believe that the neighbor cutting trees asked this neighbor. if that makes sense. in other words he just started cutting trees down on his own with no permission. anyway he finished connecting his land to my driveway. so there is a pathway from my driveway to his land. why? obviously to use my driveway. i don’t understand this because he already has a driveway, why use mine? my parents have sent him a letter a loooong time ago no response. we’ve put yellow caution/do not enter tape in the middle of the pathway. and he has cut through them twice. the second time was actually yesterday. i did not see him do this but who else would. my parents have talked with another neighbor who said at least 5 feet of land from our driveway is ours. so in other words he could cut trees down all he wants until he gets 5 feet from our driveway. Can we sue him? or at least do something where the law will take care of this because the yellow tape sure as hell isn’t. i honestly don’t know what to do because it is up to my parents but i would really like to see what you have to say. hopefully some suggestions and personal experiences will help me and my parents take care of this situation. Thank you.
Wendy: we talked to one neighbor. that’s hardly gossip.plus he’s already been in trouble with the county. now that the whole neighborhood know. i honestly don’t think he’s innocently cutting trees down.
however thank you all for your quick responses. hopefully my parents will call an attorney after i show them this. thank you.

JACKSON EQUIPMENT RENTAL COMPANY

On August 1, 2006, Jackson Equipment Rental Company was formed by Sam and John Jackson. Jackson’ Chart of Accounts appears below:

CashIncome Taxes Payable
Accounts ReceivableIncome Tax Expense
Prepaid Rent
Unexpired InsuranceSam Jackson, Capital
Office Supplies InventoryIncome Summary
Rental Equipment InventoryEarned Rental Fees
Accumulated Depreciation:Salaries Expense
Rental EquipmentMaintenance Expense
Notes PayableUtilities Expense
Accounts PayableRent Expense
Interest PayableOffice Supplies Expense
Salaries PayableDepreciation Expense
Sam Jackson, DrawingInterest Expense
Unearned Rental Fees

Jackson closes its accounts and prepares financial statements monthly. The following were the company’s August transactions:

1.8/1Sam Jackson contributed $100,000 cash to start the business.
2.8/1Purchased all of the rental equipment of a recently closed equipment rental
equipment company for $180,000. Paid $70,000 cash and signed a one-year note
payable to the owner, Ralph Bass, for $110,000.
3. 8/1Paid 3 months rent in advance of $9,000 for the building and yard to Sharks
Realty.
4. 8/4Purchased $2,000 office supplies on account from Sayes Office Supply. Payment
is due in 30 days. These supplies are expected to last 4 months.
5.8/8McCumber Company paid $20,000 cash as an advance payment on rental
equipment.
6. 8/12 Paid Salaries for the first two weeks of August: $4,100.
7.8/15Earned equipment rental fees for the first 15 days of August of $9,000. A total
of $8,000 of this amount was received in cash. This does not include the
McCumber account.
8.8/17Purchased $500 of payloader repair parts from Davis Tractor Company. Parts
were needed to repair a payloader. Payment is due in 10 days.
9. 8/23Received a payment of $300 on the amount due from August 15.
10.8/26Rented a backhoe to Jacobs Plumbing company at $100 per day. Payment
is due when the backhoe is returned in 2 weeks.
11.8/26Paid bi-weekly salaries of $4,100.
12.8/27Paid the amount owed to Davis Tractor Company.
13. 8/28 Sam Jackson withdrew $4,000 for his personal use.

JACKSON EQUIPMENT RENTAL COMPANY

14.8/29Jacobs Plumbing left the rented backhoe inside a locked fence at a construction
site of the prime contractor Ellis Construction. A 12 year old boy climbed the
fence and broke his leg playing on the backhoe. Jackson, Jacobs and Ellis have
been sued for by the parents for $50,000. The extent of Jackson’s liability
cannot be reasonably determined.
15.8/29Jackson purchased a one year liability insurance policy for $2,700. The policy
period begins September 1.
16.8/30Received a $600 utility bill for August. Payment due in 30 days.
17.8/30Equipment rental fees earned the last half of the month totaled $10,000.
Received cash payments for the total.

The following is information needed to prepare the company’s adjusting entries at the end of August:

1.The advance rent payment on August 1 was for three months.
2.There was $800 of accrued interest in August on the note payable.
3.Rental equipment is depreciated over 10 years on a straight-line basis.
4.Office supplies on hand at August 31 total $1,100.
5.During August, Jackson earned $12,000 of the rental fees McCumber paid in advance on September 8.
6.At August 31, Jackson earned 5 days of rent on the backhoe rented to Jacobs Plumbing.
7.Salaries earned but not paid since the last payroll date amount to $1,000.
8.Jackson’s estimated tax rate is 40% of its income before income taxes. Taxes will be paid September 15.

Instructions:

a.Journalize the above transactions.
b.Post the transactions to ledger (T) accounts.
c.Prepare a 10 column worksheet for the month ended August 31.
d.Prepare the Adjusting entries on needed on August 31 and post them to T-Accounts and Spreadsheet.
e.Prepare the August Income Statement, Statement of Owner’s Equity, and
Balance Sheet.
f.Prepare closing entries for August.