Homework 4: Live free or die Homework

[Nikose Tyris]

So, doing my accounting homework for a lab due tonight, I decided to double check my homework.

I did something wrong. My math doesn't balance on my sheet. I hate this assignment, but if my math doesn't balance, I need to find out why.

I'm posting my string here. I've been working on this since 9 AM this morning, and I've gotten my error to a $190 in my favor; but that's not a $0 difference on Assets = Liability + Equity. Any input on homework would be appreciated.

[Yes, it's based on playing monopoly. I hate my professor.]

+ Owners Initial Investment $1700

Connecticut $120, North Carolina $300, Pacific Avenue $300

purchase office supplies from bank on account; $200

Purchase prepaid insurance; $120

Pay Rent -$6 to team B; Rent Received $8 from Team C; Rent Received $8 from Team D;

pay Rent -$14 to Team B;

Receive Rent $22 from Team D; Purchased Virginia Ave for $160

Purchased Ventnor Ave for $260

Went to Jail

Remained in Jail

Paid $50 to escape jail; Pay rent $14 rent to Team D; Purchased B&O Railroad $200

Landed on Community Chest [No Impact];

Bank Consulting Salary $200; Community Chest [Medical Expenses, -$50]; Accounts receivable from Team B $26

Purchased States Avenue for $140; Received Rent from Team B $26;

Advanced to St. Charles Place; Received $200 for passing go [Bank Consulting Fees]; Paid Rent to Team C $10; Received Rent from Team C $8;

Advanced to New York; Paid Team D $16

Advanced to Marvin Gardens; Paid Team C $24; Ended in jail. Purchased Houses on Pacific Avenue [$200] and North Carolina [$200]

in addition, trying to attach my Chart of Accounts form.

[Hanuman]

Who do you pay to escape jail? Bribe a guard?

[DFM]

Accounting sounds like it sucks.

[Nikose Tyris]

I have no idea why.

It's a $50 withdrawal from Capital to escape Jail.

Edit: It does. I'm not used to the terminology yet, so I mix up Debit and Credit- they seem to work... differently... from every other application I've seen.

[Professor Smarmiarty]

That's becuase it's from the other side.

[Hanuman]

I have no idea why.

It's a $50 withdrawal from Capital to escape Jail.

Edit: It does. I'm not used to the terminology yet, so I mix up Debit and Credit- they seem to work... differently... from every other application I've seen.
I think its called bail.

[Fifthfiend]

Make sure nobody saw you do it, keep the money.

If Professor objects, tell him you learned your monopoly on the streets

[Professor Smarmiarty]

As long as you are the banker you can do whatever you like..... Monopoly really is accurate.

[Aldurin]

Sounds easy compared to being waist-deep in slope-field bullshit. I don't know if I'll make it through this semester of math.

[rpgdemon]

Are you kidding? If I remember them right, slope fields are ridiculously easy, just tedious, at worst.

[Nikose Tyris]

Turns out homework isn't due till next week.

Was told that I had submitted it, so she's not letting me continue it. Marked it 0.

I'm not posting anymore today. I'm very angry.

[Darth SS]

So...wait, what?

She gave you 0 because you handed it in early?

[Pip Boy]

I think he means he turned it in early, but done wrong wrong. Since he already turned it in, he's being denied the opportunity to spend the remainder of the time before the due date correcting it.

[Nikose Tyris]

Pip Boy got it right.