User Account

All Pages

How much revenue will the general fund recognize

Assignment Help Accounting Basics
Reference no: EM131894261

Question - The General Fund levied property taxes of $1,000,000 for 2017 with an estimated 3% uncollectible. During 2017 collected $700,000 and wrote off $15,000. Those taxes not collected and not estimated as uncollectible are expected to be collected evenly over the first 3 months of 2018. How much REVENUE will the General Fund recognize for 2017?

A. $865,000

B. $970,000

C. $700,000

D. $880,000

Reference no: EM131894261

Questions Cloud

Concept of ethical responsibility : In light of question (a), can we only make sense of the concept of ethical responsibility we have freewill?
How much revenue should be recognized by the city : In the fall of 2017, lunches with a value of $94,000 had been provided. How much REVENUE should be recognized by the City in 2017
Bonds for some much needed expansion projects : The whistles co wants to issue new 20-year bonds for some much needed expansion projects.
Members of other occupations : What is different about sexual abuse by priests as opposed to the same abuse by members of other occupations?
How much revenue will the general fund recognize : During 2017 collected $700,000 and wrote off $15,000. How much REVENUE will the General Fund recognize for 2017
Ethics-values and black experience : What is it that differentiates according to Plato, "a just" person from " an unjust person"? What does it mean to say that "the just" person is free?
Should the law treat cyber-hate : Should the law treat cyber-hate and/or hate crimes any differently when committed online rather than offline?
What was the amount of the cash discount on september : Big Country Ski Shop is a retail store that sells ski equipment and clothing. Analyze: What was the amount of the cash discount on September 12
What purpose do the koans serve : 1. What purpose do the koans serve? How do they work? 2. What can we learn by watching our own minds?

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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