Business, 18.06.2020 03:57 Cooldude4676

Which of the following is correct with respect to Debt Service Funds? 1. Debt service funds account for and report finencial resources that are restricted, committed or assigned to expenditure for principle and interest for al governmental long-term debt 2. Debt service funds must acerue interest on long term debt at yeer end. 3. Debt service funds account for end repon finencial resources that are restricted, commimed or assigned to expenditure for principle and interest for governmental debts except debt of proorietnry and fiduciary funds who account for their own interest end principle payments 4. Debt service tunds report the balance of govemmental debts escept debt of proprietery and fiduciery funds.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 14:40

Castillo corporation, a manufacturer, reports costs for the year as follows: direct materials used $735,000 wages to line workers 510,000 office rent 26,000 indirect materials used 700,000how much is the total period costs for castillo? $735,000 $510,000 $26,000 $700,000

Answers: 3

Answer

Business, 22.06.2019 22:20

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million.a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.

Answers: 3

Answer

Business, 22.06.2019 23:10

Mr. pines is considering buying a house and renting it to students. the yearly operating costs are $1,900. the house can be sold for $175,000 at the end of 10 years and it is considered 18% to be a suitable annual effective interest rate. if the house costs $100,000 to purchase, how much would you need to charge your tenants each year in rent? (assume a single payment for the years rent at the end of each year)

Answers: 1

Answer

Business, 22.06.2019 23:40

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.

Answers: 3

Answer

You know the right answer?

Which of the following is correct with respect to Debt Service Funds? 1. Debt service funds account...

Questions