subject
Business, 30.03.2020 19:39 keshjdjsjs

The following interfund transactions occurred in Becca City’s General Fund during the year ended December 31, 2012. For each transaction, describe its nature (e. g., is it an interfund transfer, an interfund loan, etc), prepare the journal entry in the General Fund, and prepare the journal entry in the other affected fund.
1. Received an invoice for $15,000 from the City’s Electric Utility Fund for electricity service in October.
2. Loaned $30,000 to the Parks Special Revenue Fund in May (the Special Revenue Fund was to repay the loan in September 2012).
3. Gave $50,000 to the City’s Mass Transit Authority as a subsidy because transit fares were insufficient to pay the authority’s operating expenses.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:00
Match each feature with the savings account type
Answers: 3
question
Business, 22.06.2019 03:30
In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.
Answers: 1
question
Business, 22.06.2019 11:30
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
question
Business, 22.06.2019 11:50
Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.
Answers: 3
You know the right answer?
The following interfund transactions occurred in Becca City’s General Fund during the year ended Dec...
Questions
question
English, 05.05.2020 13:19
Questions on the website: 13722367