Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Recording Encumbrances. During July 2010, the first month of the 2011 fiscal year, the City of Marion issued the following purchase orders and contracts (see Problem 3-4):
General government $ 50,000 Public safety 200,000 Public works 75,000 Health and welfare 65,000 Miscellaneous 4,000 Total purchase orders and contracts $394,000
Required
a. Show the general journal entry to record the issuance of the purchase orders and contracts. Show entries in subsidiary ledger accounts as well as general ledger accounts.
b. Explain why state and local governments generally record the estimated amounts of purchase orders and contracts in the accounts of budgeted governmental funds, whereas business entities generally do not prepare formal entries for purchase orders.
Price elasticity of demand is known to be -0.5, and the firm raises prices by 10 percent. This is an inelastic demand. If prices are raised by 10 percent then total revenue is raised. In an inelastic price demand prices and total revenue are propo..
CASE - Service Organization; Segment Reporting. Prepare a contribution format segmented income statement for Music Teachers, Inc
The measurement date for shares issued to employees in share option plans accounted for using the fair-value method is:
Using the net method, what is the effect on Kimmel's sales revenues and net income when customers do not take the sales discounts
The Morrissey Company's bonds mature in seven years, have a par value of $1,000, and make an annual coupon payment of $70. The market interest rate for the bonds is 8.5%. What is the bond's price?
Prepare the journal entry or entries necessary to record the remainder of the budget and to reestablish the budgetary accounts for encumbrances as of July.
teacher gave a hypothetical question today one posted and i could not grasp how she got any of the answers.wonderful
lever age pays an 9 rate of interest on 9.1 million of outstanding debt with face value 9.1 million. the firms ebit was
Discuss how economic forces in the marketplace affect the health care industry and health care management
The company did not pay any dividends during this period. Calculate ending retained earnings. Do not enter dollar signs or commas in the input boxes
suppose that apex healthservices has four difference projects.these projects are listed below along with the amount of
Compute the amount of 2015 dividends per share payable to each class of stockholders for each case
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd