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3 years ago

Which of the following accounts neither increases nor decreases the fund balance of the General Fund during the fiscal year?

1 answer:

8 0

Deffered Revenues, will not increase or decrease the fund balance of general fund during the fiscal year, as it is revenue which has not been earned yet, and cannot be shown as incomes in the Income statement, thus it is a liability which will be due if the service is not complete.

Other financing sources may increase or reduce the fund depending upon what kind of finance has been provided.

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The budgeted finished goods inventory and cost of goods sold for a manufacturing company for the year 2012 are as follows: janua

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The answer is $2,435,000

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4 years ago

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A single unit investment compromising various stocks, bonds, and other investments is called

lawyer [7]

Answer: Mutual funds is the answer.

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3 years ago

On August 1, 20Y1, Newhouse Co. received $39,110 for the rent of land for 12 months. Journalize the adjusting entry required for

Marta_Voda [28]

The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.

<h3 /><h3>Unearned rent</h3>

Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:

31 December

Debit Unearned rental revenue $16,296

Credit Rental revenue $16,296

($39,110×5/12)

(To record unearned rent)

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3 years ago

What is the term that is concerned with a population's size, age structure, geographic distribution, ethnic mix, and income dist

Rom4ik [11]

Answer:

Demographic segmentation

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Demographic segmentation - it is the term used for segmentation of the population on the basis of sex, culture, income, etc. The main reason behind the segmentation of the population is to target the customers according to their needs.

for example - if in any locality, the majority of people believing in one culture or having the same status then the corporation must target the customers according to belief or their status. which can be achieved by demographic segmentation.

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3 years ago

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Jim and Allison both scored in the bottom 20% of IQ tests; however, Jim went on to complete a 4-year college degree, whereas Ali

LekaFEV [45]

Answer:

Jim will earn more money than Allison.

Explanation:

The average salary for someone with a 4 year college degree is $51,000 (2019), that doesn't mean that Jim will earn that money, he might earn more or less, but it is a useful parameter. The average salary of someone who just finished high school is $28,000 (2019).

If we compare both average national salaries, we can assume that Jim will earn much more than Allison.

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4 years ago