Business, 03.07.2020 19:01 420420blazee

The City of Breukelen maintains a rapid transit system, which is accounted for in a proprietary fund called Breukelen RTS. Based on the following excerpt from the trial balance, prepare a statement of revenues, expenses, and changes in net position for the Breukelen RTS for the year ended December 31, 2019, using the appropriate format. Revenues from fares $3,150,000
Train operating expenses 2,430,000
Track and train maintenance expenses 565,000
Depreciation 325,000
Investment income 50,000
Interest expense on long-term debt 320,000
Cash subsidy from the City of Breukelen 500,000
Net assets, January 1, 2012 7,430,000

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:30, gymnastattack

Which of the following correctly describes the accounting for indirect labor costs? indirect labor costs are product costs and are expensed as incurred. indirect labor costs are period costs and are expensed when the manufactured product is sold. indirect labor costs are period costs and are expensed as incurred. indirect labor costs are product costs and are expensed when the manufactured product is sold.

Answers: 3

continue

Business, 22.06.2019 12:30, o11011195

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Answers: 1

continue

Business, 22.06.2019 13:40, ilovecatsomuchlolol

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.

Answers: 3

continue

Business, 23.06.2019 00:30, danny123421

It's possible for a debt card transaction to bounce true or false

Answers: 1

continue

You know the right answer?

The City of Breukelen maintains a rapid transit system, which is accounted for in a proprietary fund...