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1. How are general long-term liabilities distinguished from other long-term liabilities of the government? How does the financial reporting of general long-term liabilities differ from the financial reporting of other long-term liabilities?
2. How does GASB reporting of uncollectible accounts for governmental funds and proprietary funds differ from the reporting of uncollectible accounts under FASB standards?
Computation of Consideration for purchasing a running Business Firm - determine this amount. Under these conditions, how much should you offer O'Henry?
If cost of goods manufactured is $960,000, evaluate what is the cost of ending work in process inventory?
Preparation of necessary entries for declaration and payment of dividend and Prepare the necessary entries for the declaration and payment of the stock dividend.
Basic flexible budgeting Sydney, Inc., has the subsequent budgeted production costs:
Questions on accounts receivables and capital expenditure and When the effective interest method is used to amortize bond premium or discount and question related to trading securities
variable interest in variable interest entity is required to consolidate assets, liabilities, revenues and expenses, and the non-controlling interest of that entity if:
Prepare journal entries tp record the encumbrance, billing and the Vouchers Payable liability in the Street Improvement Fund and governmental activities journals as appropriate.
What is amount of net income during 2008, assuming that as of December 31, 2008, assets were $980,000, and liabilities were $255,000?
Using the information above, calculate the net present value of costs (cash outflows) and decide whether it should be purchased in the budget year. Assume a 10 per cent cost of capital (discount rate).
Illustrate what volume was the old break-even and what is the new break-even? In order to make the same profit how many more packages needs to be produced?
25% is capital's share of income and labor's share of income is 75%, the stocks of both capital and labor increase by 50% and there is no technology growth, at what rate will potential output grow? Will the capital labor ratio increase at all?
Use the expanded accounting equation to compute the missing quantity.
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