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miv72 [106K]
3 years ago
7

The general fund of Battle Creek budgeted a transfer to its capital projects fund for $110,000 to be used in operations during t

he year ended June 20, 20X9. On September 15, 20X8, the general fund transferred $110,000 to the capital projects fund. What account should be debited in the general fund on September 15 to record this transfer?
Business
1 answer:
dybincka [34]3 years ago
6 0

Answer: The answer is Other Financing Uses and Sources.

Explanation: The other financing uses and sources are usually under Operating statement account in government accounting and budgeting.

Other financing uses and sources encompass limited number of special transactions that include non-operating revenue and expenditures. Other items that are included in this financial reporting line are proceeds from debt transactions, operating transfers, sale of government assets. While other financing uses are transfers into a fund and proceeds of debts issue and sale of government asset, other financing sources show the transfer from one fund to another.

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Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1,200 at poker. Also this year
timurjin [86]

Answer:

$1,450

Explanation:

Rhett made his annual gambling trip to Uwin Casino. On this trip Rhett won $250 at the slots and $1,200 at poker.

Also this year, Rhett made several trips to the racetrack, but he lost $700 on his various wagers.

The amount must Rhett include in his gross income includes that on this trip Rhett won $250 at the slots and $1,200 at poker which is $1,450

The internal Revenue Service requires that <u>''You must report all gambling winnings as "Other Income".</u> When you have gambling winnings, you may be required to pay an estimated tax on that additional income.

6 0
4 years ago
Outline reasons why some chemicals are not suitable for man's use​
Vilka [71]

Answer: Chemicals such as insecticides, pesticides, and others must be kept away because they can contaminate food, and make it poisonous to anybody. Some can cause burns, vomiting, diarrhea, and in very large amounts, drowsiness or death. Chemical products may cause immediate health effects, such as skin or eye irritation or burns, or poisoning. There can also be longer-term health effects from chemicals.

Explanation:

4 0
3 years ago
Read 2 more answers
Countries that have adopted liberal reforms and substantially increased their economic freedom rating in recent years
coldgirl [10]

Answer:

C) achieved impressive growth rates of real GDP per person during 1995-2009.

Explanation:

First of all, it is GDP per capita, not GDP per person.

If we want examples to prove this argument, all we need to do is look at China, India, Brazil, South Africa and even Russia (to a lower extent). These are the famous BRICS, countries that had huge growth rates during that period (1995 - 2009). After the great recession (2008 - 2010) their economic growth slowed down.

4 0
4 years ago
Devon is in the market for a new car. she is seriously considering either a honda civic or toyota corolla because they both have
liubo4ka [24]

Devon is in the <u>"stage evaluation of alternatives" </u>of the buyer decision process.

At this stage, consumers assess distinctive items/marks based on fluctuating item properties, and whether these can convey the advantages that the clients are seeking. This stage is vigorously affected by one's demeanor, as "state of mind places one out of a temper: enjoying or despising a protest, moving towards or far from it". Another factor that impacts the assessment procedure is the level of inclusion. For instance, if the client inclusion is high, at that point he/she will assess various brands; while in the event that it is low, just a single brand will be assessed.

8 0
3 years ago
. Which one of the following is an example of an economic good? (a) visit to a dentist (b) pair of sneakers (c) lesson taught by
Anvisha [2.4K]

Answer:

b

Explanation:

b :because an enconomic good is something you pay for

7 0
3 years ago
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