subject
Business, 28.11.2019 00:31 emilypzamora11

The town of conway opened a solid waste landfill several years ago that is now filled to capacity. the city initially anticipated closure costs of $2 million. these costs were not expected to be incurred until the landfill is closed. what is the final journal entry to record these costs assuming the estimated $2 million closure costs were properly recorded and the landfill is accounted for in an enterprise fund?

a)

expense—landfill closure

2,000,000

landfill closure liability

2,000,000

b)

landfill closure liability

2,000,000

expense—landfill closure

2,000,000

c)

expense—landfill closure

2,000,000

cash

2,000,000

d)

landfill closure liability

2,000,000

cash

2,000,000

e)

expenditure- landfill closure

2,000,000

cash

2,000,000

entry a.

entry b.

entry c.

entry d.

entry e.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
According to the research in strategic human resources management,answers: firms that are able to use human resource practices to develop socially complex human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially simplistic human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources gain little advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources are at a competitive disadvantage when compared to firms that do not engage in these practices.
Answers: 3
question
Business, 22.06.2019 13:50
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
Answers: 2
question
Business, 22.06.2019 20:40
On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e.g. $2.55.) diluted earnings per share
Answers: 3
question
Business, 22.06.2019 23:00
Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?
Answers: 2
You know the right answer?
The town of conway opened a solid waste landfill several years ago that is now filled to capacity. t...
Questions
question
Mathematics, 09.12.2020 02:20
question
Mathematics, 09.12.2020 02:20
question
Mathematics, 09.12.2020 02:20
question
English, 09.12.2020 02:20
Questions on the website: 13722360