Answer:
Special revenue fund.
Explanation:
A special revenue fund is a government account created to collect money that is used for an specific purpose or project. The money collected by this type of account can only be used for the specific purpose for which it was established.
In this case, the revenue collected from the gasoline tax can only be used for highway construction and maintenance.
Answer:
hold Chance but not the company liable
Explanation:
In this scenario Chance is an independent contractor so his actions are not representative of the companie's.
When an independent contractor causes damages while working the company will not be held liable for his negligence.
So in this scenario where Chance negligently runs a stop sign and causes an accident and Judy is injured. Only Chance is liable
Answer:
The the value of the ending Finished Goods Inventory $24,628,50
Explanation:
See attached file
It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.
The various journal entries on the transaction occured would be made as under:
No. Account Name Debit Credit
1. Investment 1296000
Cash 1296000
2. Investment 97650
Investment income
(217000 x 45%) 97650
3. Cash 64800
Investment (1.60 x 40500) 64800
The effect on the cash flow statement will be:
Operating activities:
No effect 0
Investing activities:
Purchase of investment -1296000
Receipt of dividends 64800
The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.
Learn more about The share market here:- brainly.com/question/690070
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