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Based on the information in E8- 4, prepare a statement of changes in fiduciary fund net position and a statement of fiduciary fund net position for Seggen County for its fiscal year ending December 31, 2013. (Assume that Seggen County net position at the beginning of the year was zero.)In E8- 4Prepare the journal entries to record the following transactions in an Investment Trust Fund for Seggen County during the calendar year 2013.1. Turtle Creek and Pineview contributed $ 60,000 and $ 40,000, respectively, to an Investment Trust Fund operated by Seggen County during 2013.2. Investments totaling $ 75,000 were purchased.3. Income from the investments during the year totaled $ 8,000.4. The fund paid $ 1,500 to the county for investment management fees.5. The investments increased in value by $ 3,000.6. Income of $ 10,000 was paid to the two cities, based on the relative amount of their initial investment.
Which of the following Method is suitable for computing the cost of inventory when actual costs of individual units of merchandise can be determined from the accounting records?
Many states have prevailing wage laws that require government contracts pay premium wages to workers who would otherwise work for 20% to 30% less. What is the rationale for such laws? In your opinion, what is their effectiveness?
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