Answer: (B) Operational accountability
Explanation: Government-wide financial statements report all financial transactions for the government over the year and usually includes a Statement of Net Position and a Statement of Activities, the sense is report on the government as a whole, These statements are generally used for state and local governments, balances are included too but not necessary.
Answer: the bank on which the check is drawn because it must pay the check. (A)
Explanation:
A Drawee is a banking and legal term that is used to describe the party which has been directed by the depositor to pay a certain amount of money to the person who is presenting the draft or check or draft.
A typical example is if when someone is cashing a paycheck. The drawer is the bank that cashes the person's check, the drawer is the employer or person who wrote the check, and the person cashing the check is the payee.
There will be 30% of houses without fibre optic internet connectivity or high-definition television.
Groups of components with definite definitions are called sets. A curly bracket serves as a symbol for the number of objects in a finite set.
To choose a subset from a set and draw a conclusion using statistical analysis, use random sampling.
In one town, 20% of homes have both fiber-optic internet connectivity and at least one high-definition television, whereas 40% of homes have one or the other.
The percentage of residences without fibre optic internet connectivity or high-definition television is as follows:
P = 100% - [60% + 30% - 20%]
P = 100% - (90% - 20%)
P = 100% - 70%
P = 30%
30% of houses will not have fibre optic internet connectivity or high-definition television.
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Answer:
c. A credit to Cash of $272.75.
Explanation:
These transactions can be explained with the help of T- Account .
<h2><u> Cash </u></h2><h3><u>Debit Credit </u></h3>
Bal $ 500
Freight $61
Shipping
Charges $ 85
Supplies $ 50
Donation $ 69
Suspense 7.75
<u>Fund $ 227.25 </u>
Fund $ 227.25
<u> Reimbursement </u><u> $272.75</u>
<u> $ 500 </u>
<u />
<em><u>As there is shortage of $ 272.25 in the amount of $ 500 the petty cash will be reimbursed with this amount.</u></em>
<em><u>An amount of $ 7.75 is short which is dealt in suspense account and reimbursed with the amount falling short.</u></em>
Answer:
2. Assets increase by #13,750.
3. Assets decrease by $2,500; liabilities decrease by $2,500.
4. Assets increase by $9,000.
5. Assets decrease by $1000 ; owners equity decrease by $1000
Explanation:
2. Billing costomers for delivery services increases the amount of assets as the accounts received are gonna increase by $13,750 and delivery services also increases the revenue by $13,750.
3. Assets decrease by $2,500; liabilities decrease by $2,500.
4. cash receipts increase the Assets by $9,000 and the accounts receivable decrease by $9,000.
5.cash payments causes Assets to decrease by $1000 and owners equity decrease by $1000