Business, 06.12.2019 21:31 theojw

Acity acquired two vehicles in a particular year: (1) a sedan for $20,000 that was paid forthrough the general fund and (2) a sanitation truck for $125,000 that was paid for throughthe capital projects fund. how should the assets be reported in the city's fund-levelfinancial statements? a.$145,000 should be reported as assets in the general fundb.$20,000 should be reported as assets in the general fund and $125,000 should be reported as assets in the capital projects fundc.$145,000 should be reported as assets in the capital projects fundd. neither acquisition should be reported as assets in the fund-level financial statements

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 18:00

Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?

Answers: 2

Answer

Business, 22.06.2019 14:50

Pear co.’s income statement for the year ended december 31, as prepared by pear’s controller, reported income before taxes of $125,000. the auditor questioned the following amounts that had been included in income before taxes: equity in earnings of cinn co. $ 40,000 dividends received from cinn 8,000 adjustments to profits of prior years for arithmetical errors in depreciation (35,000) pear owns 40% of cinn’s common stock, and no acquisition differentials are relevant. pear’s december 31 income statement should report income before taxes of

Answers: 3

Answer

Business, 22.06.2019 21:30

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?

Answers: 1

Answer

Business, 23.06.2019 00:20

Barney corporation recognized a $100 million preferred stock balance on 12/31/2019. on january 1, 2020, barney issued $10 million in preferred dividends. on the same date, barney raised an additional $20 million via a new issuance of preferred stock. on december 31, 2020, the market value of the original amount of preferred shares rose $5 million. under us gaap, the 12/31/2020 year ending preferred stock balance is:

Answers: 3

Answer

You know the right answer?

Acity acquired two vehicles in a particular year: (1) a sedan for $20,000 that was paid forthrough...

Questions