User Account

All Pages

Which the revenues and expenses are reported

Assignment Help Accounting Basics
Reference no: EM131013759

1. Provide examples of resources that are temporarily restricted as to: (a) purpose; (b) time; and (c) the occurrence of a specific event. Provide an example of permanently restricted resources.

2. A not-for-profit organization receives a restricted gift. When, and in which type of fund, should it recognize the revenue? When, and in which type of fund, should it recognize the related expense? What is the reason for the apparent inconsistency between the fund types in which the revenues and expenses are reported?

Reference no: EM131013759

Questions Cloud

Assume interest payments are paid semi-annual : Compute the price of a 5.6% coupon bond with 18 years left to maturity and a market interest rate of 5.9%. (Assume interest payments are paid semi-annual and the face value is $1000.) Is this a discount or premium bond?
What is the initial margin ratio : Read the requirements for each problem and plan your responses carefully. Although your responses should be concise, ensure that you answer each of the required components as completely as possible. If supporting calculations are required, present th..
Narrator characters in breakfast of champions : The universe of the narrator's characters in Breakfast of Champions is apparently his attempt at writing about life; the universe which includes the narrator himself as a character can be seen as Vonnegut's attempt at the same
What is your estimate of the stocks current value : Sawchuck Consulting has been profitable for the last 5 years, but it has never paid a dividend. Management has indicated that it plans to pay a $0.25 dividend 3 years from today, then to increase it at a relatively rapid rate for 2 years, and then to..
Which the revenues and expenses are reported : What is the reason for the apparent inconsistency between the fund types in which the revenues and expenses are reported?
Is cutoff wavelength dependent on dielectric in waveguide : Is the cutoff wavelength dependent on the dielectric in the waveguide? Is the cutoff fre- quency dependent on the dielectric in the waveguide? What is guide wavelength?
About the growing annuity payments : You want to accumulate $3 millions by your retirement date, which is 25 years from now. You will make 25 deposits in your bank, with the first occurring today. The bank pays 7.82% interest, compounded annually. How much must your first deposit be to ..
Drive an equation of the tangent plane to the surface : Find an equation of the tangent plane to the surface z = ex^2-y^2, at the point(1, -1, 1). Determine whether the function is a solution of Laplaces equation uxx uyy =0.  u= ln(x2 - y2) + 2 tan-l(y/x).
Media is considering some new equipment whose data : Thomson Media is considering some new equipment whose data are shown below. The equipment would be depreciated over a 3 year MACRS life, but it would have a salvage value at the end of Year 3, when the project would be closed down.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determining the sales trend analysis

Environmental Designs, Inc., produces and installs energy-efficient window systems in commercial buildings. During the past 10 years, sales revenue has increased from $25 million to $65 million.

  After the amount due on a sale of 28000 term 210 neom is

after the amount due on a sale of 28000 term 210 neom is received from a customer within the discount period the seller

  The customer signs and completes all paperwork for the sale

given the following scenario on what date would you recognize revenue if preparing financials under u.s. gaap? would

  External financial reporting

If Rushia Company determines that the fair value of the investment is now $3,900,000 and is using U.S. GAAP for its external financial reporting, which of the following is true?

  Bubbas bait shop sells spinner top water diving and tube

bubbas bait shop sells spinner top water diving and tube baits. bubba estimates that his variable costs are 0.20 per

  Luganos pizza parlor is considering the purchase of a large

luganos pizza parlor is considering the purchase of a large oven and related equipment for mixing and baking crazy

  In what year will income before tax be affected

In what year will income before tax be affected by discounts, assuming that all customers paid the net-of-discount amount on January 6, 2012? By how much?

  Donovan has a research and development activity in process

on may 1 donovan company reported the following account balances current assets 90000 buildings

  What is the amount of income tax expense

What is the amount of income tax expense that Southeast should report in its income statement? How should the extraordinary gain be reported?

  Prepare the entry on rose companys

Prepare the entry on Rose Companys books to record the sale of merchandise

  The accountant for milton inc is preparing the budgets for

the accountant for milton inc. is preparing the budgets for operating department support service costs. maintenance

  Net change in the budget of prevention costs

What is the net change in the budget of prevention costs if the procedures are automated in 2010? Will management agree with the changes?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd