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Question: (Interest expense adjustments for government-wide financial statements (GWFSs)) Thomas County pays all the debt service on its long-term general obligation bonds on April 1 and October 1 of each year. Accrued interest on these bonds for the stub period October 1-December 31, 2012, was $75,000. During its fiscal year ended December 31, 2013, Thomas paid $350,000 interest on its long-term general obligation bonds. Accrued interest for the stub period October 1-December 31, 2013, was $88,000. Prepare journal entries needed to adjust Thomas County's 2013 fund financial statements so government-wide statements can be prepared.
the expected return for stock p is 30 percent. if we know the following information about stock p then what return will
Which of the following should be reported as a change in accounting estimate?
1. Given the products manufactured and sold at Grafton before Marcus got involved, what type of cost system should Grafton be using - job order or Process? Answer and explain how the system would work, be as detailed as you can.
When should variances be investigated? Who should be responsible for correcting a negative variance? Why? What are some factors that can lead to variances? How can variances be corrected?
Determine the earnings per share of common stock, assuming income before bond interest and income tax is $750,000. Enter answers in dollars and cents, rounding to the nearest whole cent.
dodge incorporated acquires 15 of gates corporation on january 1 2013 for 105000 when the book value of gates was
Why is it sometimes misleading to compare a company's financial ratios with those of other firms that operate in the same industry?
Biovail Corporation, a major Canadian pharmaceutical company listed on the New York Stock Exchange, announces that it will miss its quarterly earnings target by $25 to $45 million, blaming $10 to $15 million of the shortfall on a truck accident in..
Ethical Issue
Examine the variable "diamond." What does this measure? How do you think this variable will relate to GDP per capita and GDP growth?
combining the following information compute the total amount of 1 cash flow from investing activities and 2 cash flow
Which combination is the correct statement regarding disclosure requirements for earnings per share?
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