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A government's unassigned fund balance in the general fund at year-end should be indicative of the amount that the government has available for appropriation in future years. Explain and provide an example to support your answer. What is meant by an in-substance defeasance, and how can a government use it to lower its interest costs? How must it recognize a gain or loss on defeasance if it accounts for the debt in a proprietary fund? How do the GASB standards pertaining to in-substance defeasances differ from those of the FASB?
Included in this amount is dividend income of $60,000 from another corporation in which the taxpayer owns 90 percent of its stock outstanding. The corporation's taxable income (loss)after the DRD is?
the auto repair shop uses standards to control labor time and labor cost in the shop. the standard time for a motor
a corporation acquired a truck on july 1 2012 at a cost of 162000. the truck has a six-year useful life and an
chatter corporation operates in an industry that has a high rate of bad debts. before any year-end adjustments the
a portion of the current assets section of the december 31 2010 balance sheet for gibbs co. is presented here accounts
1 robbins supply journal entry to establish a 100 petty cash fund for the office would include a a credit to petty cash
kile company borrows 63359 on july 1 from the bank by signing a 63359 8 1-year note payable. prepare the journal
village hardware is a retail hardware store. information about the stores operations follows.bull november 20x4 sales
how can a firms security policies contribute and relate to the six main business objectives and give
why does a company perform ratio analysis? what are the turnover ratios? describe the formula for one turnover ratio
Discuss why individual has different way of choosing different method of accounting. Do you think particular Accounting Standard, Corporation Law or Conceptual Frameworks reducing different choice of Accounting Method? Or Standardization will reso..
the overhead costs that lucca industries inc. used to compute its overhead rate for the past year are as follows
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