Business, 03.07.2020 22:01 1234567890lknn
The Township of Lombardi maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements. Required: You are to prepare, in journal form, worksheet adjustments for each of the following situations. A.General fixed assets, as of the beginning of the year (which had not been recorded), were as follows:Land $50,000,000Buildings 600,000,000Improvements other than buildings 245,000,000Equipment 105,000,000Accumulated depreciation, capital assets 202,400,000B. During the year, expenditures for capital outlays amounted to $11,200,000. Of that amount, $7,800,000 was for buildings; $1,550,000 was for improvements other than buildings; and the remainder was for land. C.The capital outlay expenditures outlined in (B) were completed at the end of the year (no depreciation until next year). For purposes of financial-statement presentation, all capital assets are depreciated using the straight-line method, with no estimated salvage value. Estimated lives are as follows: buildings, 50 years; improvements other than buildings, 20 years; and equipment, 10 years. D. Equipment with a cost of $41,500 and accumulated depreciation at the time of sale of $16,600 was sold for $45,000.
Answers: 3
Business, 22.06.2019 04:30, skyvargasov9cad
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
Answers: 3
Business, 22.06.2019 05:40, rafa3997
According to the philosopher immanuel kant, the right of employees to know the nature of the job they are being hired to do and the obligation of a company not to deceive them in this respect is mainly reflective of the basic right of . privac yb. free consentc. freedom of speechd. freedom of consciencee. first refusal
Answers: 1
Business, 22.06.2019 22:00, brad7330
Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?
Answers: 2
Business, 23.06.2019 02:10, netflixacc0107
Ben is the owner of a small organization with a few employees. he plans to have a data warehouse for the limited number of users in his organization. which data warehouse is most suited for ben's organization? o a. lan-based o b. stationary o c. distributed od. virtual
Answers: 2
The Township of Lombardi maintains its books so as to prepare fund accounting statements and prepare...
Mathematics, 03.03.2021 03:20