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1. How are general long-term liabilities distinguished from other long-term liabilities of the government? How does the financial reporting of general long-term liabilities differ from the financial reporting of other long-term liabilities?
2. How does GASB reporting of uncollectible accounts for governmental funds and proprietary funds differ from the reporting of uncollectible accounts under FASB standards?
What market price would be paid for this note by an investor, who requires a 12 percent yield on his investments, compounded Quarterly?
Prepare any journal entries (if necessary) that would be required related to the Note Receivable at end of 2009, 2010, 2011, and 2012. Assume that $100,000 is received from ColdPlay Co. on 12/31/2013. Prepare all necessary journal entries for 2013.
Invoices representing $1,005 of services performed during the month have not been recorded as of June 30. Prepare the adjusting entries for the month of June.
What are the advantages and disadvantages to FSC's decision to not use the BSC as a performance tool-i.e., linking it to the employee determine and reward system?
Define distributions to owners and provide examples of this type of transaction. Illustrate what financial statement element other than equity is typically affected by distributions?
Ratio Analysis of balance sheet - Current ration, acid test ratio etc and Operating data for Gallup Corporation are presented
For every control issue, prepare a Yes/No question such that a "No" answer signifies a control weakness. For example, one question might be "Are supporting documents, such as purchase orders and receiving reports, marked ‘paid' when a check is iss..
Determine Earnings Per Share based on the information and Determine the earnings per share of common stock for the 2007 fiscal year
A review of the prior year's financial statements, the present year's budget, and January's source documents- Write in the missing amounts a through o above in the T-accounts above.
Would real estate investment trust or mortgage real estate investment trusts be a better hedge against high inflation? Why or why not?
What is their child and dependent care credit? Please show your calculations and explain. Be sure to consider any and all limitations on the credit allowed.
Discuss the reasons a consulting firm might use a normal costing system rather than an actual costing system. What might be some reasons for the firm to change from a one-pool to a multiple-pool allocation concept?
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