1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
miss Akunina [59]
2 years ago
5

Money to pay current expenses for a municipal revenue bond would normally be placed in which of the following funds? (A) Conting

ency fund (B) Surplus fund (C) Maintenance fund (D) Sinking fund
Business
1 answer:
Zanzabum2 years ago
8 0

Answer:

D) Sinking fund

Explanation:

A sinking fund is an account established to be used in the settling of debts. The corporate or institution that creates a sinking fund deposits money regularly as a way of saving it for future debt payments. A sinking fund, is in away a savings account that accumulates funds for repaying large and future debts.

Municipal authorities use sinking funds to pay their bond expenses when they mature. The municipal contributes funds in the years leading to the bond's maturity. Sinking funds gives confidence to investors that the municipal will not default on its payments.

You might be interested in
What are advantages of books of prime entry​
Liono4ka [1.6K]

Answer:

It is easy to post transactions to the ledger accounts after recording them in the prime entry books.

Reduce the number of entries posted in the ledger because the totals of prime entry books are posted to the ledger.

Minimize accounting errors and it is easy to find out such errors.

Explanation:

8 0
2 years ago
Read 2 more answers
Roland, Inc. provides residential painting services for three home building companies, Alpha, Beta, and Gamma, and it uses a job
Lynna [10]

Answer: See attachment

Explanation:

Based on the information provided, the question has been solved and attached.

Profitability for Alpha:

Revenue = $100,000

Cost = $39800

Profit = $60200

Profitability for Beta:

Revenue = $100,000

Cost = $26350

Profit = $73650

Profitability for Gamma:

Revenue = $100,000

Cost = $27440

Profit = $72560

5 0
2 years ago
Which of the following is a correct explanation for why the aggregate demand curve slopes​ downward?
mario62 [17]

Answer:

The correct answer is option D.

Explanation:

As the price level decreases, the purchasing power of money increases. Or in other words, the real value of cash balances will increase.  

This implies that consumers will need lesser money to purchase more goods and services. As a result, the total expenditure will increase.  

An increase in the price level, on the other hand, will cause the purchasing power and real value of money balances to decrease. As a result, the total expenditure will decrease.

3 0
3 years ago
What are the cost and consequences of providing the subsidies and welfare
Svetach [21]
The costs of welfare can vary in which country your in but it can amount to a big percentage in spending here.

Consequences can be positive,  as poverty could otherwise lead to riots and violence, and the benefits of integrating the people in need into the society are big. On the other hand, too generous and easy to obtain support can lead to the fact that people would choose to stay on welfare rather than work.
Hope it helps :D
7 0
3 years ago
Pharoah Company purchased a delivery truck. The total cash payment was $36,086, including the following items. Negotiated purcha
konstantin123 [22]

Answer:

Total cost of the delivery truck = $32596

Explanation:

given data

total cash payment = $36086

Negotiated purchase price = $27600

Installation of special shelving = 2650

Painting and lettering = 690

Motor vehicle license = 440

Annual insurance policy = 3050

Sales tax = 1,656

Total paid = $36,086

to find out

cost of the delivery truck

solution

we know that Motor vehicle license and Annual insurance policy are expended off to some appropriate expense account

Total cost of the delivery truck = Negotiated purchase price + Installation of special shelving +  Painting and lettering +  Sales tax

put here value

Total cost of the delivery truck =  $27600 + $2650  + $690 +  $1,656

Total cost of the delivery truck = $32596

7 0
3 years ago
Read 2 more answers
Other questions:
  • Bedrock Company reported a December 31 ending inventory balance of $414,000. The following additional information is also availa
    8·1 answer
  • Strategic Plan<br> 2016 - 2018<br> Boutique Build Australia
    5·1 answer
  • Pharoah Company began the year by issuing $77500 of common stock for cash. The company recorded revenues of $783000, expenses of
    10·1 answer
  • An insurance company estimates its objective risk for 10,000 exposures to be 10 percent. Assuming the probability of loss remain
    9·1 answer
  • The most important benefit of celebrating partnership success by ""telling your story"" is that it: A. Establishes connections b
    7·2 answers
  • Pottery Crane Inc. has been manufacturing its own finials for its curtain rods. The company is currently operating at 100% of ca
    9·1 answer
  • Your broker suggests that the stock of DUH is a good purchase at $25. You do an analysis of the firm, determining that the recen
    14·1 answer
  • On June 3, Carla Company sold to Chester Company merchandise having a sale price of $3,800 with terms of 4/10, n/60, f.o.b. ship
    6·1 answer
  • Imagine that in the current year the economy is in long-run equilibrium. Then the federal government reduces its purchases of go
    6·1 answer
  • Assume that in a monopolistically competitive industry, firms are earning economic profit. This situation will:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!