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The Pension Trust Fund maintained by the City of Linden had the following transactions during 2012. Record each transaction in the Pension Trust Fund. Ignore any other funds that may be involved in a transaction.1. Contributions of $ 600,000 were received from General Fund employees, and the General Fund contributed its share of $ 100,000.2. The fund paid $ 500 for investment management fees.3. Investments held by the fund increased in value by $ 3,500.4. Depreciation on fund capital assets totaled $ 800.5. Retirement benefits of $ 7,700 were paid to retirees.6. Interest of $ 2,500 and dividends of $ 1,400 were received from investments.
moran owns a building he bought during year 0 for 150000. he sold the building in year 6. during the time he held the
the grind company has been having some difficulties estimating its manufacturing overhead costs. in the past
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Norma's Cat Food of Shell Knob ships cat food throughout the country. Norma has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by two and one-half days.
the quick brick shop had an unfavorable sales price variance of 150. the budgeted selling price was 10 per unit and 50
Crown contributed equipment with a $30,000 carrying amount, a $75,000 original cost, and $55,000 fair value. The partnership agreement specifies that profits and losses are to be shared equally but is silent regarding capital contributions. Which ..
Discovery Barn, a not-for-profit science center for children, received a contribution for $30,000 explicitly designated for the acquistion of computers. Prepare all required journal entries, being certain to indicate the type of fund in which each ..
1. what is the amount of gross accounts receivable at fiscal year-end 2013? 2. suppose that write-offs of accounts
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it may not always be feasible for every company to have an accountant that is also a computer expert. in this respect
a company received a note receivable from a customer for a sale. the 9 percent 9-month note was received on may 31 2011
big corporation purchased 10 of small corporation on jan 1 2012 for 300000 and classified the investments as an
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