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borishaifa [10]
3 years ago
12

The budget for the City of Goodville for the year ending December 31 was adopted and recorded on January 2 of the same year. Aft

er recording the budget, the accounting records showed a debit balance of $50,000 in the Budgetary Fund Balance account. What does this indicate?
Business
1 answer:
scoray [572]3 years ago
3 0

Answer:

See below

Explanation:

A budgetary fund is an income account and thus a debit balance suggests a deficit on the fund account. This means that governing bodies of City of Goodville have spent more money in their expenditures than they have brought in as income from the fund. This will be recorded as a liability in the balance sheet. Where as a credit balance would be a surplus and recorded as  an asset.

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GREYUIT [131]

Answer:

300 tacos as well

Explanation:

Market equilibrium is defined as the point where market supply and market demand are exactly the same.

So if the supply schedule shows 300 tacos per day at a price of $2.00, for this point to be the market equilibrium, the demand schedule has to show 300 tacos per day.

This also means that $2.00 is the equilibrium price in this market, that is to say, the price at which the supply and demand of tacos equalize.

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bearhunter [10]

Answer:

c. The Berne Convention Implementation Act of 1988.

Explanation:

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3 years ago
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Blizzard [7]

Answer:

The government allows citizens to own private businesses.

Explanation:

The government controls factories and other forms of production. He allows citizens to own private businesses.

3 0
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( missing a word ) When individuals are looking for jobs but are unable to find work, they are said to be______.
ipn [44]
This term is called unemployment. 
7 0
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Tanya [424]

Answer:

buy $300,000 worth of bonds

Explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

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