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
Greeley [361]
2 years ago
6

The general ledger journal entry in the General Fund to record actual expenditures and reversal of the associated encumbrance wo

uld include:
Business
1 answer:
HACTEHA [7]2 years ago
8 0

Answer:

A credit to Encumbrance Control

Explanation:

In the case when the journal entry is the general fund is recorded and when we have to record the actual expenditure and the reversal of the attached encumbrance so here the encumbrance control should be credited as we have to record the actual expenditure that have incurred also the reversal of attached encumbrance so this account should be credited

You might be interested in
Which country consumes the most chocolate per person?
vagabundo [1.1K]

Answer:

switzerland

Explanation:

4 0
3 years ago
Which of the following is NOT a benefit of safety and health programs?
vladimir1956 [14]
<span>"A. Improved morale and productivity." is not a benefit of safety and health programs. The morale levels have absolutely nothing to do with whether or not someone cuts their arm off because they didn't follow safety procedures. </span><span /><span>
</span>
7 0
3 years ago
Read 2 more answers
Patrick has an adjusted gross income of $120,000 in the current year. He donated $50,000 in cash to a public charity; capital ga
bogdanovich [222]

Answer:

$8,000 bc (AGIx30%)- contributions

if this is a multiple choice question post the choices and i will tell you the corrrect one. thanks

4 0
3 years ago
Coyne Corporation is evaluating a capital investment opportunity. This project would require an initial investment of $30,000 to
postnew [5]

Answer:

A. $41,120.

Explanation:

Year    Description          Cash flow           Present [email protected]%

0       Equipment cost      ($30,000)                    ($30,000)

1-4      Additional CF           $24,000                    $69,929.10

4        Residual value            $2,000                       $1,184.16

Present value total                                                 $41,113.26

Based on the above calculation, the answer shall be A. $41,120.

8 0
4 years ago
Angell Inc. hired you as a consultant to help them estimate their cost of capital. You have been provided with the following dat
DIA [1.3K]

Answer:

Option (D) is correct.

Explanation:

Given that,

Dividend, D0 =$1.20

Price, P0 = $50.00

Growth rate, g = 6% (constant)

Based on the DCF approach, then

Cost of Equity:

= [D0 × (1 + g) ÷ P0] + g

= [(1.20 × (1 + 0.06)) ÷ 50] + 0.06

= (1.272 ÷ 50) + 0.06

= 0.02544 + 0.06

= 0.08544 or 8.54%

Hence, the cost of equity from retained earnings is 8.54%.

3 0
3 years ago
Other questions:
  • Currently Ark is charged $3,144,267 Depreciation on the Income Statement of Andrews. Andrews is planning for an increase in this
    13·1 answer
  • Cleo writes a check for $100 drawn on debit &amp; credit bank and presents it to elegant jewelers for payment. if the check is n
    8·1 answer
  • River Enterprises has ​$505 million in debt and 22 million shares of equity outstanding. Its excess cash reserves are $14 millio
    15·1 answer
  • In a financial sector, we use ______ to construct financial instruments such as derivatives.
    8·1 answer
  • When creating your résumé, you should
    6·2 answers
  • _____ are observable, statistical aspects of populations including such factors as age, gender, or income. Group of answer choic
    5·1 answer
  • Consider a bond (with par value = $1,000) paying a coupon rate of 9% per year semiannually when the market interest rate is only
    5·1 answer
  • Loreal-American Corporation purchased several marketable securities during 2021. At December 31, 2021, the company had the inves
    12·1 answer
  • When you buy stock in the "stock market" what are you buying? Why would you but a stock?
    11·1 answer
  • Advantages of salaried employment
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!