Answer:
$198,000
Explanation:
Following amount of property tax revenues should the city report in the government-wide financial statements for the current fiscal year
During the year collection = $170,000
During the first two months of the following year = $25,000
Prior year taxes = $3,000
Total = $170,000 + $25,000 + $3,000 = $198,000
B because it the right answer there
This example is a Measuring test, this is provided by standard and deviation.
Answer:
D. ceteris paribus condition
Explanation:
The Latin words “Ceteris paribus”, means “all other things remain the same”. It is an assumption usually included when by economists when stating laws or concepts such as demand and supply. Because, actually in the real word, it is feasible to eliminate other variables that might influence an outcome, aside the variables under study. So therefore, we assume all other variables remain constant, when stating the relationship between two variables. For example, when constructing a demand curve showing the relationship between price and quantity demanded, we assume that all other variables that can influence demand other than price, remain the same, which in reality might be difficult to isolate.
Answer:
d)
Dr Cash 2,702,942
Dr Discount on bonds payable 197,058
Cr Bonds payable 2,900,000
Explanation:
The bonds payable represents the face value of the bonds. On the other side, you have to register the cash that was received, and the difference is the discount on bonds payable. if the bonds are sold at a premium, then the amount of cash would be higher, and the difference between the cash and the bonds payable would equal premium on bonds.
