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The city of McNeely sold bonds in the amount of $10,000,000 to finance the construction of a public health center. The bonds are serial bonds and were sold at par on July 1, 2008 the first day of a fiscal year. Shortly thereafter a construction contract in the amount of $9,000,000 was signed and the contractor commenced work. By year-end the contractor had been paid in full for all billings to date amounting to $4,000,000. Required: Prepare in general journal form all journal entries that should have been made during the fiscal year ended June 30, 2009 to record the above information in the capital projects fund (including closing entry).
on december 31 2013 perry corporation leased equipment to admiral company for a five-year period. the annual lease
gift shop ubit. a local exempt organization that trains at-risk youth for employment has an annual operating budget of
the final exam covers modules 01-10 and consists of a series of short answers to given questions or statements. in a
Sylva transfers to Leaf Corporation a machine she had purchased a year ago for $50,000. The machine has a $40,000 adjusted basis and a $55,000 FMV on the transfer date.
explain discrete and continuous random variable? what is a probability distribution for a discrete random variable?
reebok co. manufactures running shoes. the selling price is 80 per pairunit and variable costs are 60 per pairunit. the
scooter libby corp. ises a periodic inventory system. in 2011 they made a very large purchase so large that they didnt
stanley childrens hospital reported an average cost per discharge of 6500 for the quarter with 300 discharges and an
Analyze the strengths and weaknesses of the Form 10-K information and disclosures in terms of whether they provide relevant and reliable information to investors.
Calculate the NPV, and the Profitability Index (PI) for this project. Should this project be undertaken?
Innova Discs has two divisions-Standard and Premium. Each division has hundreds of different types of golf discs and disc golf products. The following information is available:
on april 30 2011 witt corp. had outstanding 8 1000000 face amount convertible bonds maturing on april 30 2019. interest
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