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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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For the current year, Gina Hestopolis had adjusted gross income of $100,000. During the year, she contributed $6,000 to her chur

Dvinal [7]

Answer:

$39,000

Explanation:

This can be calculated as follows:

Charitable contribution to carry forward = Contribution to church + Contribution to qualified charities + Half of the fair market value of contributed religious artwork

Therefore, we have:

Charitable contribution carry forward = $6,000 + $3,000 + ($60,000 ÷ 2) = $39,000

Therefore, the amount of the charitable contribution carry forward beyond the current year for Gina Hestopolis is $39,000.

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3 years ago

What should a human resources manager focus on when determining an organization's long-term staffing needs

Mkey [24]

What human resources manager focus on when determining an organization's long-term staffing needs is the organization's vision and strategic plan.

<h3>What is Strategic planning?</h3>

Strategic planning can be regarded as the process where an organizational leaders determine their vision.

This helps the leader to prepare for the future as well as identify their goals and objectives for the organization.

Learn more about Strategic planning at;

brainly.com/question/24462624

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2 years ago

Assess your individual capability for project teamwork. Tell why you feel you are strong in certain capabilities, and give strat

Dominik [7]

Answer:

my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity

Explanation:

I am strong in certain capabilities because of my ability to think outside. To do this, some of my individual capabilities in project teamwork include tolerance, respect for difference in values, objectivity and avoiding instances of associated with crisis during work and an open policy system.

In the other vein, I would need to develop my weaknesses in the areas of over-tolerance and the useof vogue language when angry.

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3 years ago

On December 31, 2018, the balance in Megan's Products Accounts Receivable was $680,000 and net credit sales amounted to $3,800,0

Andru [333]

Answer and Explanation:

The Journal entry is shown below:-

a. Bad Debt Expense Dr, $36,800 ($40,000 – $3,200)

To Allowance for Doubtful Accounts $36,800

(Being the bad debt expense is recorded)

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

b. Bad Debt Expense Dr, $40,730 ($40,000 + $730)

To Allowance for Doubtful Accounts $40,730

For recording this we debited the bad debt expense as it increased the expenses and at the same time it reduced the assets so the allowance for doubtful accounts is credited

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3 years ago

In the united states, say gasoline costs consumers about $2.50 per gallon. in italy, say it costs consumers about $6 per gallon.

Nata [24]

What are the answer choices?

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2 years ago