Business, 27.11.2019 00:31 JammedBanjo58
Debt service fund held marketable securities that cost $1,000,000 when purchased during 2011. the securities had fair values of $900,000 on december 31, 2019, and $960,000 on december 31, 2020. the average fair value during the year was $950,000. assuming the government made no journal entries for these securities during 2020, what journal entry should be made in the debt service fund to report the securities in its balance sheet on december 31, 2020?
select one:
a. dr. investments 50,000
cr. revenues—net increase in fair value of investments 50,000
b. dr. investments 40,000
cr. revenues—net increase in fair value of investments 40,000
c. dr. investments 60,000
cr. revenues—net increase in fair value of investments 60,000
d. no entry is necessary because the securities were not sold and no gain or loss was realized.
Answers: 3
Business, 22.06.2019 05:40, rafa3997
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Business, 22.06.2019 14:20, dieguezisabel
In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5
Answers: 1
Business, 22.06.2019 19:30, Wayne4345
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
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Debt service fund held marketable securities that cost $1,000,000 when purchased during 2011. the se...
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