Answer:
Explanation:
I needed to solve this in my book in other to explain better. The two pictures show the both question and it is explained very well. Thank you and i hope it helps.
Answer:
Cardinality
Explanation:
In database design cardinality of relationship between two data tables shows the relationship between the rows and column of one table to other table. Cardinality commonly used are one-to-one cardinality, one-to-many cardinality and many-to-many cardinality. In which a single entry of the table related to only one and many in other table and many entries are related to many too.
Answer:
The City of Mayville
The City should report $42,000 as restricted fund balance in its General Fund on December 31, 2019.
Explanation:
a) Data and Calculations:
Total fund balance in General Fund = $200,000
Inventory = $28,000
Prepaid Rent 10,000
Encumbrances 60,000
Restricted fund = $42,000
b) The City of Mayville's restricted fund balance is the cash balance that has been earmarked for specific or limited use by or for the City. Restricted funds ensure that donors detect and direct the usage of the funds.
Explanation:
The journal entry to record the estimated uncollectible accounts is shown below:
Bad debt expense Dr $7,500
To Allowance for uncollectible accounts $7,500
(Being the bad debt expense is recorded)
The computation is shown below:
= Estimated amount for uncollectible accounts - credit balance in allowance for uncollectible accounts
= $12,000 - $4,500
= $7,500
C. Operating costs.
When you are in business and running it, you need funds to keep it operating.
