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
eimsori [14]
2 years ago
6

In early April 2020, an amendment to the annual budget for 2020 was approved by the city council for inflows and outflows in the

Street Improvement Bond Debt Service Fund related to the bond issue. The debt service fund budget amendment provides for estimated other financing sources of $20,000 for the premium on bonds sold and estimated revenues of $12,500 for accrued interest on bonds sold; and appropriations in the amount of the one interest payment of $25,000 to be made during 2020. (The payment that is due on July 1, 2020.)
Required:
Record the budget for the Street Improvement Bond Debt Service Fund for year 2020.
Business
1 answer:
djverab [1.8K]2 years ago
3 0

Answer:

attached below

Explanation:

Given data :

Year : 2020

estimated other financing sources = $20,000 ( premium on bonds sold )

estimated revenues = $12500 ( accrued interest on bonds sold )

approximations in amount of one interest payment = $25,000 ( to be made during 2020 )

attached below is the Budget for the street improvement Bond debt service fund for year 2020

You might be interested in
Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th
Reil [10]

Answer: 13.2%

Explanation:

Given data:

No of stores in the market = 5000

No. of store owners = 2000.

Allison charges = $8/month

Sam charges = $8/month.

Solution:

The market penetration rate would be calculated based on potential customers.

Using our general formula,

Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population

Where,

Total potential population=1,500

•Allison derived sales = 129 customers

•Sam derived sales = 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers

Let’s input this into our general formula.

Market penetration

= 169 customers/1,500

= 0.132*100

= 13.2%

The market penetration rate based on potential customers is 13.2%

8 0
2 years ago
A service provided by e-government that requires access to the Internet is _____.
Elan Coil [88]
RFID tags in my idea...
7 0
2 years ago
Read 2 more answers
In 2009, __________ of all pedestrian fatalities were caused by impaired drivers.
Goshia [24]
Over 90 percent of the pedestrian fatalities occurred in single- vehicle crashes. In 2009, pedestrian deaths accounted for 12 percent of all traffic fatalities in motor vehicle traffic crashes. Since 2000, the number of pedestrian fatalities has decreased by 14 percent.
8 0
3 years ago
Read 2 more answers
Justin, a real estate salesperson, would like to offer his colleague a referral fee for referring him a new client. before offer
MrMuchimi
Justin<span> obtained informed consent from the client in order to follow the full disclosure policy. In this policy, referral fee can only be given with the informed consent of the client (this is the party being referred by the </span>referrer<span>). The informed consent should be in writing in order to avoid complications in the future.</span>
8 0
3 years ago
You decide to start operating a business selling friendship bracelets online; if one of the bracelets you sold falls apart, you
Alex73 [517]
This statement is True
3 0
3 years ago
Other questions:
  • On May 1, Marie Company purchased new machinery for $70,000 plus 8% sales tax. The machinery was advertised for $72,000. Other c
    5·1 answer
  • A drawback to using changes in domestic credit to adjust the domestic money supply to maintain a peg: A) is problems in emerging
    9·1 answer
  • Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area
    8·2 answers
  • The Sugar Sweet Company will choose from two companies to transport its sugar to market. The first company charges $3995 to rent
    12·1 answer
  • Which term refers to developing product or service offerings customized for a customer segment and then pricing and communicatin
    11·1 answer
  • The Versatech Corporation has decided to produce three new products. Five branch plants now have excess product capacity. The un
    15·1 answer
  • What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever? (Round your answer to
    5·1 answer
  • Select the financial statement on which the user would most likely find the answer to the question given. (Select all that apply
    6·1 answer
  • If you were the leader of a special-purpose team developing a new computer game and conflicts arose related to power and status
    9·1 answer
  • Marking brainliest! What is an example of a public corporation?
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!