subject
Business, 17.06.2020 22:57 katlynnschmolke

The following information was taken from the post-closing trial balance of the General Fund for the Borough of Northumberland as of December 31, 2017. There were no outstanding encumbrances at year-end. $50,000 of the Fund Balance must be used for infrastructure improvements due to a constraint imposed by the State Government. From the information given, prepare a balance sheet for the General Fund. Cash$270,000
Supplies2,500
Taxes Receivable49,000
Due from Federal Government25,000
Prepaid Expenses1,000
Accounts Payable250,000
Due to Water Utility Fund40,000

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 16:30
Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network
Answers: 2
question
Business, 22.06.2019 08:20
(05.04 mc) a 2012 report from the u.s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
question
Business, 22.06.2019 14:20
Cardinal company is considering a project that would require a $2,725,000 investment in equipment with a useful life of five years. at the end of five years, the project would terminate and the equipment would be sold for its salvage value of $400,000. the company’s discount rate is 14%. the project would provide net operating income each year as follows: sales $2,867,000 variable expenses 1,125,000 contribution margin 1,742,000 fixed expenses: advertising, salaries, and other fixed out-of-pocket costs $706,000 depreciation 465,000 total fixed expenses 1,171,000 net operating income $571,000 1. which item(s) in the income statement shown above will not affect cash flows? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) (a)sales (b)variable expenses (c) advertising, salaries, and other fixed out-of-pocket costs expenses (d) depreciation expense 2. what are the project’s annual net cash inflows? 3.what is the present value of the project’s annual net cash inflows? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 4.what is the present value of the equipment’s salvage value at the end of five years? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.) 5.what is the project’s net present value? (use the appropriate table to determine the discount factor(s) and final answer to the nearest dollar amount.)
Answers: 2
question
Business, 22.06.2019 19:00
The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
Answers: 3
You know the right answer?
The following information was taken from the post-closing trial balance of the General Fund for the...
Questions
question
Mathematics, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Biology, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Mathematics, 04.03.2021 18:00
question
Biology, 04.03.2021 18:00
Questions on the website: 13722367