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Archambault Township authorized a bond issue for a parking garage wish an estimated cost of $ 4,000,000. The garage would be financed through a $ 2,500,000 bond issue and a $ 1,500,000 contribution from the General Fund. The General Fund made its contribution, and the bonds were sold for $ 2,700,000, which included a $ 200,000 premium over the face amount of the bonds. Prepare journal entries to record the budget for the parking garage, the payment and receipt of the General Fund contribution, and the issuance of the bonds, assuming the premium remained in the Capital Projects Fund. Identify the fund(s) used to record the transactions. Also, identify alternate methods of disposing of the bond premium.
What portion of consolidated retained earnings is assigned to the non-controlling interest in the consolidated balance sheet.
you are engaged in your first audit of pesky pest control pty ltd for the year ended 30 june 2012. the company began
What do you think the effect would be if Congress changes the law so that retirement plan contributions are included in taxable income at the time they are made rather than taxing the payment when received in retirement?
This would mean that in year six, the cash flow would be $800,000. However, it is also projected for Project B that in years three and four there will be an additional capital outlay of $100,000 for each year. Compute the NPV, IRR, Payback for bot..
Delmar's forklift cost $33,600, had accumulated depreciation of $27,600, and has a fair market value of $3,600. Hamilton's forklift cost $25,200, had accumulated depreciation of $21,600, and has a fair market value of $3,600. a- journalize the exc..
discuss what procedures a company may take to reduce the chance of computerized fraudulent employee activities. also if
telc has recently started the manufacture of recrobo a three wheeled robot that can scan a home for fires and gas leaks
Required: Based on the above information, compute the amounts that should appear in the consolidated financial statements prepared for Barnes Company and it subsidiary, Dean Company, at year end for the following items: 1) sales; 2) cost of goods sol..
in 2008 margaret john murphy are married taxpayers whofile a joint tax return with agi of 25000. during the year
during the month supplies expense was debited 2600 for supplies purchased. the cost of supplies used during the month
Building an Income Statement, During the year, the Senbet Discount Tire Company had gross sales of $1.06 million. The firm's cost of goods sold and selling expenses were $525,000 and $215,000, respectively. Senbet alo had note payable of $800,000...
kragan clothing company manufactures its own designed and labeled sports attire and sells its products through catalog
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