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Sources of Revenue
Prepare an Excel workbook that contains a separate spreadsheet for each individual government entity. The spreadsheets should list the following:
• The principle sources of revenues for the general fund
• The primary expenditures made out of the general fund of each government entity. In other words, how does the general fund get and spend its money. Be sure to include dollar amounts.
Brainstorm and discuss the commonalities and the differences between the sources of revenue and the types and amounts of expenditures for each entity. Discuss those differences among team members the reasons for the differences.
Prepare a summary spreadsheet for the workbook that provides a comparative (side-by-side) analysis between the different entities.
discuss why it is necessary for accountants to assume that an economic entity will remain a going concern. if an entity
paloma co. stars has four employees. fica social security taxes are 6.2 of the first 110100 paid to each employee and
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Sergo Games produces a variety of action games which sold more than 800,000copies. In 2011, the production plant prepared 3,000,000 CDs and incurred the following cost:
The framers of the U.S. Constitution feared the twin evils of tyranny and anarchy. Discuss how specific provisions of the Constitution and the Bill of Rights reflect these fears and protect against both of these extremes.
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Where can authoritative iGAAP are found related to dilutive securities, stock-based compensation, and earnings per share?
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