Reference no: EM13749784
All revenue and inter fund transfers of the City of Fenton are accounted for on the modified accrual basis. Below is shown a list of Fenton's General Fund transactions of a revenue or transfer nature. State which ones should be recognized by the General Fund as a revenue or interfund transfer in the year of occurrence. If any item is neither a current revenue nor interfund transfer, state the proper treatment for that item.
1) Receipt of money from issue of tax anticipation notes.
2) Charge to a special revenue fund for supplies transferred to it at cost.
3) Collection of current-year property taxes. 4) Collection of prior years' taxes.
5) Receipt of money in prepayment of a property owner's next-year taxes.
6) Collection of taxes applicable to prior year that, due to an assessor's error, had not been recorded as receivable in that year.
7) Receipt of refund on prior year's expenditures.
8) Refund of current year's expenditures.
9) Collection of accounts receivable for charges for services.
10) Collection of taxes that had been written off in prior year.
|
Explain information security threats and vulnerabilities
: Watch the Information Technology Security for Small Businesses video from the National Institutes of Standards and Technology and Explain information security threats and vulnerabilities in plain English to small business owners
|
|
Assuming bill is entitled to deduct moving expenses
: Bill obtained a new job in boston. He incurred the following moving expenses transportation of household goods and personal effects 2600. assuming bill is entitled to deduct moving expenses, what is the amount of the deduction
|
|
What were the two products traded by branche of sioux tribe
: Violations of the Sugar Act were tried in vice-admiralty courts in. What were the two products traded by branches of the Sioux tribe at the yearly trade fair?
|
|
The installment method may be used for sales
: The installment method may be used for sales of all kinds of property with the exception of
|
|
General fund transactions of a revenue or transfer nature
: All revenue and inter fund transfers of the City of Fenton are accounted for on the modified accrual basis. Below is shown a list of Fenton's General Fund transactions of a revenue or transfer nature. State which ones should be recognized by the Gene..
|
|
Write an html document to create a form
: Write an HTML document to create a form with the following capabilities: A text widget to collect the user's name and Four checkboxes, one each for the following items
|
|
Predetermined rate to apply over head
: Carson company uses a predetermined rate to apply over head. At the beginning of the year, Carlson estimated its overhead costs at $320,000, direct labor hours at 45,000. and machine hours at 20,000. Actual overhead costs occurred were $274,860, actu..
|
|
Describes the beach dudes sales and collection process
: Draw a business process model that describes the Beach Dudes sales and collection process. Use either Powerpoint, Visio, or Word
|
|
Explain historical development of police agencies
: Explain Historical Development of Police Agencies and their jurisdiction.
|