User Account

All Pages

Classify the expenditures as road maintenance

Assignment Help Accounting Basics
Reference no: EM13868842

On October 1, 2013, the City of Highland placed an order with Ajax Sand & Gravel Co. for 1,000 tons of cinders to be spread upon Highland,streets during winter storms. The estimated cost of the cinders was $ 10 per ton, delivered. Ajax delivered 800 tons of cinders to Highland,road maintenance yard on October 20, along with an invoice for $ 8,000. Ajax delivered the remaining 200 tons of cinders on November 1, along with an invoice for $ 2,000. Prepare the General Fund journal entries necessary on October 1, October 20, and November 1, 2013. Classify the expenditures as Road maintenance.

Reference no: EM13868842

Questions Cloud

The town council received an increasing number : The town council received an increasing number of complaints from citizens about the poor condition of some of the streets following an exceptionally harsh winter.
How would you construct a pr audit : How would you construct a PR audit? How much influence do you think public relations practitioners have on public opinion? Defend your answer with examples
How balance of payments equilibrium between two countries : Under a gold standard of the kind analyzed by Hume, describe how balance of payments equilibrium between two countries, A and B, would be restored after a transfer of income from B to A.
Toshiba announces wipe technology for self-encrypting disk : Toshiba Announces Wipe Technology for Self-Encrypting Disk Drives
Classify the expenditures as road maintenance : Prepare the General Fund journal entries necessary on October 1, October 20, and November 1, 2013. Classify the expenditures as Road maintenance.
Deformation continues until the effective stress : The plastic stress-strain curve for the material is given by ( σ = 500 ε 0.25 MPa). The tube is subject to axial load F and internal pressure p so that the stress ratio σθ/σz = 3.0 at all times. The deformation continues until the effective stress..
What is the effect on central banks foreign reserve holdings : What is the effect on central bank's foreign reserve holdings? On its money supply? Can it offset either of these effects through domestic open-market operations?
The suppliers to ship and bill for additional quantities : Placed purchase order 960 for supplies in the amount of $ 8,000 and purchase order 961 for supplies in the amount of $ 6,000. The purchase orders allowed the suppliers to ship and bill for additional quantities, up to 5 percent of the order.
Discuss health information portability act : Discuss the Health Information Portability and Accountability Act of 1996 (HIPAA) and the impact it has had on the exchange of data that includes health-related patient information

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd