PREPARE FINANCIAL STATEMENTS ONLY - DO NOT SHOW THE JOURNAL ENTRIES The city of Mothell has a Private Purpose Trust Fund that it is used to account for resources donated to provide the payment of tuition and fees necessary for the college education of the children of police or fire personnel who are disabled or killed. The fund is used to collect and invest deposits made by contributors for the purpose of financing tuition on behalf of particular children in the future. The following transactions occurred in the College Education Private Purpose Trust Fund. REQUIRED: prepare (1) a statement of changes in fiduciary net position and (2) a statement of fiduciary net position for the Fund for the year ended December 31, 2020. This is the first year of operation for the College Education Private Purpose Trust Fund. REQUIRED: prepare (1) a statement of changes in fiduciary net position and (2) a statement of fiduciary net position for the Fund for the year ended December 31, 2020. This is the first year of operation for the College Education Private Purpose Trust Fund. 1. Rachel Smith, noted philanthropist, donates marketable securities worth $800,000 to the city, stipulating that all earnings on the securities be used for awarding scholarships to the children of disabled or killed police or fire personnel. 2. Corporate securities of $500,000 are purchased as an investment. 3. The fund receives dividends on the securities in the amount of $55,000. 4. A distribution in the amount of $40,000 is made for the college tuition of a child of a disabled police officer. 5. When the District prepares financial statements at the end of the year, the corporate securities have a fair value of $490,000. HTML Editor

Required information problem 15-1a production costs computed and recorded; reports prepared lo c2, p1, p2, p3, p4 [the following information applies to the questions displayed below. marcelino co.'s march 31 inventory of raw materials is $84,000. raw materials purchases in april are $540,000, and factory payroll cost in april is $364,000. overhead costs incurred in april are: indirect materials, $59,000; indirect labor, $26,000; factory rent, $38,000; factory utilities, $19,000; and factory equipment depreciation, $58,000. the predetermined overhead rate is 50% of direct labor cost. job 306 is sold for $670,000 cash in april. costs of the three jobs worked on in april follow. job 306 job 307 job 308 balances on march 31 direct materials $30,000 $36,000 direct labor 25,000 14,000 applied overhead 12,500 7,000 costs during april direct materials 133,000 210,000 $100,000 direct labor 105,000 150,000 101,000 applied overhead ? ? ? status on april 30 finished (sold) finished in process (unsold) required: 1. determine the total of each production cost incurred for april (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from march 31). a-materials purchases (on credit). b-direct materials used in production. c-direct labor paid and assigned to work in process inventory. d-indirect labor paid and assigned to factory overhead. e-overhead costs applied to work in process inventory. f-actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) g-transfer of jobs 306 and 307 to finished goods inventory. h-cost of goods sold for job 306. i-revenue from the sale of job 306. j-assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions. 3. prepare a schedule of cost of goods manufactured. 4.1 compute gross profit for april. 4.2 show how to present the inventories on the april 30 balance sheet.

Interpreting the income tax expense footnote the income tax footnote to the financial statements of fedex corporation follows. the components of the provision for income taxes for the years ended may 31 were as follows: ($ millions) 2010 2009 2008 current provision domestic federal $ 36 $ (35) $ 514 state and local 54 18 74 foreign 207 214 242 297 197 830 deferred provisions (benefit) domestic federal 408 327 31 state and local 15 48 (2) foreign (10) 7 32 413 382 61 provision for income taxes $ 710 $ 579 $ 891 (a)what is the amount of income tax expense reported in fedex's 2010, 2009, and 2008 income statements?

Which of the following occupations relate to a skill category of words and literacy