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!
General Fund and Governmental Activities Submit your responses to the following questions in a 1-2 page summary MS Word document. Label each question clearly. For computations done in an Excel spreadsheet, please copy and paste your work into your MS Word document. For written answers, please make sure your responses are well written, use APA formatting, and have the proper citation, if needed. Amber City borrowed $1,000,000 secured by a 5-year mortgage note. The cash from the note was used to purchase a building for vehicle and equipment maintenance. Show how these two transactions should be recorded in the General Fund and governmental activities general journals. Indicate whether the following revenues would most likely be classified as program revenues or general revenues on the government-wide statement of activities. 1)Unrestricted operating grants that can be used at the discretion of the city council. 2)Capital grants restricted for highway construction. 3)Charges for building inspections. 4)A special assessment for snow removal. 5)Fines and forfeits. 6)Motor vehicle fuel taxes restricted for road repair. 7)Unrestricted investment earnings.
One quarter of the principal plus interest is payable on June 30 of each year beginning June 30, 2009. Property owners are assessed to provide the funds to pay the principal and interest on the debt.
Compute the acquisition cost of the equipment and prepare the journal entry to record the purchase.
In addition Y and Z follow Federal provisions with respect to the determination of taxable income for the corporation. Y recognizes S status, but Z does not. Based on the following information, write a memo to the shareholders of Hernandez detaili..
What will a close out sale at year end from one of a company's main suppliers do to the company's balance sheet?What will the event noted above do to inventory and payable ratios in comparison to prior years? Is this a concern? To who?
During 2010, Markel had actual outlay of $48,000 for repairs under warranty. Markel employs the expense warranty accrual method-What amount should the company report for estimated liability under warranties at the end of 2010?
Briefly discuss the economic, political, educational, family, and marital systems of a country of your choice. When doing business in the chosen country, what kind of social hierarchies and social interactions should you be aware of?
The following accounts were included on Megan's Style Consultants adjusted trial balance at December 31, 2010: What are total current assets?
What would happen to the value of the 10-year bond over time if the required rate of return remained at 13%? If it remained at 7%? (Hint: With a financial calculator, enter PMT, 1/YR, FV, and N, and then change N to see what happens to the PV as t..
The appraisal states that the system increased the value of Gabriel's residence by $1,000. Expenses qualifying for the medical deduction in the current year total:
Rice Inc. had 420 million shares of common stock and 1 million shares of 6%, $200 par, cumulative preferred stock outstanding at the end of 2008 and 2009.
Chen, Inc. purchases 1,000 shares of its own previously issued $5 per common stock for $12,000. Assuming the shares are held in the treasury, what effect does this transaction have on (a) net income, (b) total assets, (c) total paid-in capital,..
The bonus was awarded at the December board meeting based on Vera's threat to accept a better paying job with a competitior. What amount may Brunettes deduct?
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