Answer:
The answers are:
B) Transfer the remaining funds to the debt service fund which will be handling the long-term debt incurred for the construction of the building.
C) Return the excess to the source of the restricted funding.
Explanation:
The fund balance of $12,000, means that the money left over was $12,000. When a government entity's project has a left over or excess, called surplus, it must first return it to the debt service fund.
At the end of the construction project if any money is left over, it must be returned to the source of the restricted funding.
Answer:
It Sum-of-the -years'-digits method
Explanation:
Depreciation Expense=[Remaining useful life of the asset÷ Sum of the year's digit )×Depreciable cost
Sum-of-the -years'-digits= 3+2+1= 6
Depreciable cost = $24,000- $6,000 = $18,000
Year 1 -Depreciation = [3/6] * $18,000
= $9,000
Year 2-Depreciation =[2/6] * $18,000
= $6000
Year 3-Depreciation =[1/6] * $18,000
= $3000
The sum of years’ digits method is a form of accelerated depreciation that is based on the assumption that the productivity of the asset decreases with the passage of time.
Answer:
the physical parts of a computer are called hardware
hope this helps
I believe the answer is A. total net income
Answer:
$0.37
Explanation:
The computation of the variable factory utility cost per case is as follows:
Variable factory utility cost is
= Change in cost ÷ change in units
= ($3,966 - $3,911) ÷ (1,000 cases - 85 cases)
= $0.37
Hence, the variable utility cost per case would be determined by dividing the change in cost from the change in units so that the per case would be correct