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A local government was awarded a federal grant in the amount of $600,000 to provide for a summer employment program for young people. The grant was a reimbursement grant and was awarded on April 30, 2009. The local government expended the resources as follows: June, 2009, $220,000; July 2009, $200,000; August, 2009, $180,000. The federal government provided the funds the following months. The local government would recognize revenues for the fiscal year ended June 30, 2009 in which amount?
Create the entry to record the asset retirement obligation. Use Oil Platform as an account title and Prepare the journal entries to record
Compute the amount of fixed manufacturing overhead that will be included in ending inventory under full costing and reconcile it to the difference between incomes computed under variable and full costing.
What is the total impact on Werner's net income for the quarter ended March 31, 2013, as a result of this forward contract hedge of a firm commitment?
Multiple Choice Questions Amortization, impairment of intangibles - what amount should be reported as amortization expense
Prepare a trial balance of Stephanie Stouse, Registerd Dietician at November 30, 2007
Compute manufacturing cycle efficiency and evaluate process productivity, Compute process quality yield
Create a fixed budget income statement for the planned level of sales and production and create a fixed budget income statement for actual level of sales and production.
Determine unit contribution margin for Hawaiian fruit pizza and Aloha seafood pizza? Evaluate the new breakeven in units and in sales dollar of each pizza?
Evaluate the basic and diluted consolidated EPS for the year ended 31 st December, 2014. Use quarterly share averaging.
Evaluate the Shareholder's Equity and determine for the given data the Break- even point in Units and in Dollars
Evaluate the impact on net income
How much cash was collected from customers during the period and When preparing a bank reconciliation, which of the following items should be added to the book balance?
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