Capital assets in the governmental accounts

Assignment Help Accounting Basics
Reference no: EM13141464

Weaver city signed a contract in the amount of 6000000 for the construction of a new city hall. Expenditures were 4000000 in 2011 and 2050000 in 2012 which included a change to the original construction design in the amount of 50000. what amount should be added to net capital assets in the governmental accounts in 2012?

Reference no: EM13141464

Questions Cloud

Topic: profile a health information exchange organization. : Topic: Profile a health information exchange organization.
Probability-have less than fifteen percent snickers in bag : Assume this is true. a random sample of 12 adults 25 or older is selected from general population. what is the probability that you have less than 15%snickers in your bag?
Which color is dominant : In sheep, coat color is determined by a single, dominant gene. A white ram and a black ewe produce a black lamb. Which color is dominant? 1. white 2. black 3. impossible to determine.
Which measurements currently reported in balance sheets : Which measurements currently reported in balance sheets are not consistent with the physical capital maintenance concept? Give examples.
Capital assets in the governmental accounts : Expenditures were 4000000 in 2011 and 2050000 in 2012 which included a change to the original construction design in the amount of 50000. what amount should be added to net capital assets in the governmental accounts in 2012?
Intellectual property rights : "Intellectual Property Rights Protection regimes, such as patents and copyright, unfairly discriminate against small firms in Australia and those in less developed and emerging markets."
Calculate percentage of carriers and homozygous recessive : In a population where only the total number of individuals with the dominant phenotype is known, how can you calculate the percentage of carriers and homozygous recessives?
Find average weight be if production manager has products : What should the average weight be if the production manager wants no more than 6% of the products to weigh more than 7.4 ounces?
What is the rate of gross primary productivity for leaf : You are an ecologist interested in energetics of ecological systems. You begin your current research program with a study of primary productivity of corn plants growing in a field in Iowa during mid-summer.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd