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3 years ago

How does a mayor-council system function?

Business

1 answer:

ValentinkaMS [17]3 years ago

7 0

Answer:

The mayor is basically the city's chief executive, Meanwhile the council is the city's primary legislative body if you will. These make up general characteristics of a strong mayor council of governments . Therefore the mayor could or may appoint and remove departmental heads. The mayor can also draft and propose a budget to the city council basically.

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Following are the solution to this question:

Explanation:

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$\text{To Lease Payable} A/C \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\ \text{(Being machine purchased on lease)}$

$Answer \ \ 2$ $years \ \ \ \ \ \ \ \ Outstanding \ \ Amount \ \ \ \ \ \ \ \ Installment \ \ \ \ \ \ \ \ Interest (11 \%) \ \ \ \ \ \ \ Closing \ on \ Due \\\\$ $0 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \\\\1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,700,000 \ \ \ \ \ \ \ \ \ \ \ \ 1514934 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517000 \ \ \ \ \ \ \ \ \ \ \ \ 3702066\\\\$

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$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ 517,000\\\\ To\ \ cash \ A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934 \\\\ \text{(First Installment Paid)}$

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$expenses \ \ Interest \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 285,380\\\\ To cash A/c \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,514,934\\\\ \text{(Third Installment Paid)}$

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How does a mayor-council system function?​

How does a mayor-council system function?