Why does the federal government keep two types

Assignment Help Financial Accounting
Reference no: EM13135733

Currently the federal government maintains a dual system of accounts--budgetary and proprietary accounts. What are the two types of accounts? Why does the federal government keep two types?

Reference no: EM13135733

Questions Cloud

Compute standard direct labor rate per hour : Quantity-actual production time 1.5 hours, rest periods and clean up 0.33 hours, and setup and downtime 0.18 hours. Compute Standard direct labor rate per hour.
What price should it charge in order to break-even : Trin Company needs to reduce the selling price of its product in order to be competitive. Currently, Trin has fixed costs of $346,400 and variable costs per unit of $2.50. If Trin can sell 80,000 units, what price should it charge in order to bre..
Pharmaceutical firms outsource some clinical trial to cros : • Why do pharmaceutical firms outsource some clinical trial responsibilities to CROs? • Are certain tasks better suited to outsourcing than others?
Calculate the volume of oxygen : Calculate the volume of O2 at STP, required for the complete combustion of 175 g octane (C8H18) to CO2 and H2O?
Why does the federal government keep two types : Currently the federal government maintains a dual system of accounts--budgetary and proprietary accounts. What are the two types of accounts? Why does the federal government keep two types?
What are janet and herman realized and recognized gains : exchange for his half-interest in their home with a total value of $150,000 and a basis of $130,000. What are Janet and Herman’s realized and recognized gains or losses on this exchange?
Calculate the concentrations of each of the ions : Calculate the concentrations of each of the ions in 0.12 M (NH4)2HPO4. a) [NH4+], M b) [HPO42-], M
Background information about congo brazzavilla : Background information of Congo (Brazzavilla). What is the geographical information, values, tradition, progress, technology, and other related information?
How many grams of sulfur dioxide are produced : how many grams of sulfur dioxide are produced when 90.0 g of thionyl chloride reacts with excess water according to the following equation? SOCl2+H2O --> 2HCl+SO2

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss what changes you would expect wachovia corporation

Discuss what changes you would expect the Wachovia Corporation leadership to make related to internal controls, accounting principles, or other initiatives as a result of the need to restate the financial statements.

  Net income and earnings per share

Evaluate each of the following for every alternative Net income and Earnings per share.

  Determining compound intrest

In 1777, Jacob DeHaven loaned George Washington's Army $450,000 in gold and supplies. Due to a disagreement over the method of repayment 9gold vs. Continental money), DeHaven was never repaid, dying penniless.

  Journalize the activities from job cost sheets

Journalize the activities from job cost sheets in the general journal. Also journalize the other costs that occurred during this period of time.

  Analyze income statement accounts related to business cycle

Include substantive tests of transactions, analytical procedures, and tests of account balances in your audit program. Be sure to identify the procedures necessary to analyze the income statement accounts related to your selected business cycle.

  Net operating loss to be carried forward to future years

To what years will the 2008,2011 and 2012 net operating losses be carried back and after applying the total operating losses for 2008, 2011 and 2012 to prior years.

  Computation of cash conversion cycle

Computation of cash conversion cycle from income statement and balance sheet and Evaluate Hopewell's cash conversion and Give an interpretation of the value computed in (a).

  Prepare all the required journal entries

Prepare all the required journal entries and find the type of fund in which each entry was recorded for the Government Wide Financial Statements.

  Purpose the necessary general journal entries

Purpose the necessary general journal entries for the month of October for the Seinfeld Company for each situation given below. Seinfeld uses a perpetual inventory system.

  Prepare a consolidated income statement for chee co.

Prepare a consolidated income statement for Chee Co. for the year ended December 31, 20X8.  Be sure to show your supporting calculations.

  Evaluate the activity-cost-driver rate for packaging costs

Evaluate the activity-cost-driver rate for packaging costs and Using the ABC system, for the sugar cookie, compute the estimated overhead costs per thousand cookies.

  Amount of discountor premiumt

Using the straight- line method. the amount of discountor premiumt o be amortized every intrest period would be''

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!

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