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
timurjin [86]
3 years ago
8

5. A city received a grant of $5,000,000 from a private agency. The money was to be used to build a new city library. In which f

und should the money be recorded for the Fund-Based Financial Statements?
Business
1 answer:
Rudiy273 years ago
6 0

Answer:

4 500 000

Explanation:

You might be interested in
Manual pipetting creates a musculoskeletal load on the neck, shoulders, and upper limbs. Which types of injuries can this lead t
OverLord2011 [107]
 <span>Manual pipetting creates a musculoskeletal load on the neck, shoulders, and upper limbs and the type of injuries that this can lead to is called REPETITIVE STRESS INJURIES. Hope this is the answer that you are looking for. Have a great day ahead!</span>
7 0
3 years ago
Read 2 more answers
The owner of a property creates a deed, leaving the name of the grantee blank, and puts it in a drawer, where it is forgotten fo
bazaltina [42]

Answer:

Because recording a deed as the grantee will allow the listed to legally hold the deed, plus having the physical deed is moreso evident of being grantee, unless the owner of the property has proof of the visitor forging his grantee permit he has no way of disputing it.

Explanation:

7 0
3 years ago
Which of the following is a true​ statement? A. Adverse selection occurs after a transaction has taken place in insurance market
Salsk061 [2.6K]

Answer:

C

Explanation:

FDIC gives insurance to depositors. it promises to pay  back a certain amount of the deposits of a banks customers in the case where a bank fails. As a result of this insurance banks have a greater incentive to take on more risky projects because they know that their customers would be protected even the project goes sour and the bank fails.

Due to the services of the FDIC, less depositors have lost money when a bank fails because of the insurance services they provide to depositors.

8 0
3 years ago
1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in
exis [7]

Answer:

1. Bankruptcy law is primarily state law.   b. False

2. The <u>  </u><u>federal </u> government is given the power to establish bankruptcy laws in Article I, Section 8 of the <u> U.S constitution</u>. The purpose of bankruptcy law is to protect the <u> debtor </u> by giving him or her a fresh start and to ensure <u>equitable</u> treatment of the <u> </u><u>creditors</u>.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in <u> federal bankrupcy courts</u>.

4. Title <u> 11 </u>of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter <u> 7  </u>provides for liquidation proceedings, Chapter <u> 11  </u>governs reorganizations, and Chapter    <u>13</u> provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for <u> personal</u> use. The Bankruptcy Code<u> </u><u>requires</u>  that court clerks provide additional<u> information </u>to consumer-debtors when they file for bankruptcy.

8 0
3 years ago
Disposal of Fixed Asset Equipment acquired on January 6 at a cost of $287,000, has an estimated useful life of 8 years and an es
aliina [53]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Purchasing cost= $287,000

Useful life= 8 years

Estimated residual value= $37,400

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (287,000 - 37,400) / 8

Annual depreciation= $31,200

<u>Depreciation remains constant during the useful life of the asset.</u>

We can calculate exactly the annual depreciation for the first year.

Year 1= (31,200/365)*360= $30,772.60

4 0
3 years ago
Other questions:
  • Samantha goes to the grocery store to make her monthly purchase of ginger ale. As she enters the soft drink section, she notices
    9·1 answer
  • Answer the question on the basis of the following information. Assume that if the interest rate that businesses must pay to borr
    13·1 answer
  • _______ is part of the new social contract for employees.
    6·1 answer
  • A SWOT analysis involves an analysis of factors internal to the company, which include _____ as well as factors outside the comp
    8·1 answer
  • Think of the products you use on a daily basis and think of the types of utility. What is a product that you use on a daily basi
    6·1 answer
  • give me an example of something you learned from a specific class and described how it will help you be successful in the future
    11·1 answer
  • When units produced exceed units sold, net income will generally be ______ costing. Multiple choice question. the same under bot
    10·1 answer
  • Which management function is also a financial responsibility? A. planning B. organizing C. staffing D. coordinating E. controlli
    14·1 answer
  • What type of business sells to the end consumer
    6·1 answer
  • My name marsh, ninja
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!