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defon
2 years ago
9

Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds

should be classified as “major funds” and, therefore, be reported in separate columns on the balance sheet and statement of revenues, expenditures, and changes in fund balances for the governmental funds. As the city’s external auditor, you have been asked to provide a rationale for either including or excluding each of the following funds as a major fund. Determine which of the following funds should be reported as a major fund.
Business
1 answer:
vitfil [10]2 years ago
6 0

Answer:

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Answer:

The initial deposit should be $ 25.46

Explanation:

The Annuity formula is

P=R [1−(1+i)^-n/i]⋅(1+i)

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After entering corresponding values in the formula we get $25.46

so P (which is our initial deposit)=25.46

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Which of the following statements about Treasury Stock is correct? Multiple Choice The balance in the Treasury Stock account inc
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3 years ago
When the ace hardware store located in franklin mails an advertising flyer to all the residents in the community, it is an examp
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7 0
3 years ago
If a firm in a monopolistically competitive market lowers price, then Use letters in alphabetical order to select options
Valentin [98]

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3 0
2 years ago
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What is 9 and 5/6 minus 3 and 3/6​
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Answer:

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Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

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7 0
3 years ago
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