A city issues five-year bonds payable to finance construction of a new school Tax anticipation notes are recorded as liabilities in both the FFS and GWFS.
To account for bonds payable to finance value of long-lived belongings offered with particular funds. what is the cause of business enterprise budget To account for operations that offer offerings to other departments inside a central authority.
An organization fund identifies the overall direct and indirect prices to offer the carrier and the sources and amounts of sales that support the service for which a rate is charged in alternate for service.
Account for the ones styles of sales which might be legally limited to being spent for a selected motive besides for expendable trusts or main capital initiatives. those sales ought to be accounted for one by one from the general Fund for a ramification of reasons.
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Answer: D. 8
Explanation:
If you set up a fraction of the sales and the cost, it would look like this: 24,840/27,000. If you put that into a calculator, you get 0.92, or 92%. That means that 92% of sales were spent, and 8% were not spent, so it is considered profit.
Answer and Explanation:
The journal entry is shown below:
Cash Dr $25,000
To Note payable $5,000
To Selleck Cap $10,000
To Monroe Cap $10,000
(Being the both investments are recorded)
Here we debited the cash as it increased the assets by $25,000 and credited the notes payable, Selleck, and the Monroe capital as it increased the liabilities and the stock holder equity
Answer:
opportunity cost = 2.67 bushels of corn per 1 bushels of beans
Explanation:
given data
bushels of corn = 16
bushels of beans = 6
to find out
opportunity cost of 1 bushel of beans
solution
we get here opportunity cost that is express as
opportunity cost =
..............1
put here value and we will be get here
opportunity cost =
opportunity cost = 2.67 bushels of corn per 1 bushels of beans