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1.How does the audit opinion given to this city by its independent auditors differ from the audit opinion rendered on the financial statements for a for-profit business?
2. A reconciliation should be presented to explain the difference between the net changes in fund balances for the governmental funds (fund financial statements) and the change in net position for the governmental activities (government-wide financial statements). List three reconciliation elements and their $.
3. What were the city of Erie's top 3 largest sources of general revenues? (List 3 sources and numbers)
4. What was the total amount of expenditures recorded by the general fund during the period? How were those expenditures classified?
5. What top 3 biggest assets are reported for the general fund? (List3 sources and numbers)
6. Review the notes to the financial statements and then determine the number of days the government uses to define the end-of-year financial resources that are viewed as currently available.
7. Did the size of the general fund balance increase or decrease during the most recent year and by how much?
the two women's funds earn the same returns in the future as in the past, how old will each be when they become millionaires?
The payroll register of Seaside Architecture Company indicates $840 of Social Security and $218 of Medicare tax withheld on total salaries of $15,100 for the period. Provide the journal entry to record the payroll tax expense for the period. If an am..
What was the firm's net income and what mist have been the firm's revenues, Evaluate was EBIT?
XYZ, Inc. manufactures a tangible product and sells the product at wholesale. In it's first year of operations, XYZ manufactured 1,000 units of product and incurred $200,000 of direct materials cost and $130,000 direct labor costs. For tax purposes, ..
Prepare a statement of partnership equity for the year ended December 31, 2014. If an amount is zero, enter in "0" - income-sharing ratio equal to their capital balances after admitting Campbell.
The cost of materials transferred into the Rolling Department of Atlas Steel Company is $4,600,000 from the Casting Department. The conversion cost for the period in the Rolling Department is $1,100,000 ($600,000 factory overhead applied and $500,000..
calculation of total manufacturing cost per gallon of teflon.in the text you used accounting data on dupont kevlar
Dodge, Incorporated acquires 15% of Gates Corporation on January 1, 2011, for $105,000 when the book value of Gates was $600,000. During 2011 Gates reported net income of $150,000 and paid dividends of $50,000. On January 2, 2012, Dodge purchased an ..
With this information, I turned back to my Module 3 financial statement from CVS Health to see what the financial statement disclosed about their inventory methods
Write a brief report explaining possible reasons why Manny's profits were different from the amount projected in the master budget for September - Construct Manny's budgeted cost of goods sold and operating income statement for December and the tota..
Compute the company's total asset turnover ratio for three years reported. What does the trend suggest to you about American Eagle Outfitters?
Conversion costs are
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