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defon
3 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]3 years ago
6 0

Answer:

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Read the following paragraph and respond to the questions below.
-Dominant- [34]

Answer:

a. The number sentence that is the topic sentence is sentence (1).

b. Sentence (6) does not contribute to the paragraph's unity.  It can be eliminated, without changing the meaning that can be obtained from the paragraph.  It does not support the topic.

c. The writer, in sentences 3 through 7, provides an example and further details to help the reader to understand her point.

d. The example in a sentence makes the idea clearer to the reader.  Without the example, which provides further details, the reader may not clearly appreciate the topic under discussion.

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The purpose of the topic sentence is to introduce the theme of the paragraph or the point of view of the writer.  It captures the essence of the story.  As it bears the central idea, it focuses the paragraph to achieve unity.

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2 years ago
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Sever21 [200]

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D

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3 years ago
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7 0
3 years ago
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In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

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The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

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Rental Income calculation = $15,520 × 4 / 32

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5 0
3 years ago
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marshall27 [118]

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2 years ago
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