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Although many governments prepare budgets for both capital projects and debt service funds, the GASB does not mandate budgetary comparisions for these fnds as it dos for other types of governmental funds. Respond to the following:1. Examine the discrepancy between these funds.2. Determine the reason why there is a discrepancy.3. Justify this apparent discrepancy.
James Welling, a 37 year old engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with returns that outpace the averages-Prepare some ..
Describe a worse-case scenario for an affiliated group seeking to file a consolidated tax return. Provide specific examples to support your response.
which one of the following statements describes the rules about posting transactions into t-accounts in the ledger? for
franklin paper company manufactures newsprint. the product is manufactured in two departments papermaking and
assuming all interest payments have been made annually as required what is sanchez cos total in its bond payable
Dance Company has $250,000 of bonds outstanding. The unamortized premium is $3,600. If the company redeemed the bonds at 101, what would be the gain or loss on the redemption?
9preferred dividends martinez companys ledger shows the following balances on december 31 2012.5 preferred stock-10 par
describe an example of how an unfavorable variance between actual and budget amounts in a fixed master budget can
LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 3.5 hours of direct labor at the rate of $14.50 per direct labor-hour. Management would like you to prepare a Direct Labor Budget for June.
preble company manufactures one product. its variable manufacturing overhead is applied to production based on direct
Mikor has an account payable of 7,700$ due to Smiley Inc. one of its suppliers. The amount was due to be paid on October 15, 2007. Use the horizontal model, or write the journal entry to show the effect of :
some of the ledger accounts for the sanderson hardware company are numbered and listed below. for each of the october
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