User Account

All Pages

Prepare a statement of fiduciary net position

Assignment Help Accounting Basics
Reference no: EM13871367

The following information is available for Russellville at June 30, 2012. Prepare a statement of fiduciary net position for Russellville Pension Trust Fund as of June 30, 2012, by reporting the assets and liabilities from the information provided.
Additions interest ............ $ 250,000
Member contributions............ 340,000
Loss on sale of investments......... 30,000
Cash.................. 180,000
Accrued expenses ............ 56,000
Interest receivable ............ 20,000
Accounts payable ............ 33,000
Due to other funds ............ 54,000
Investments ............... 10,000,000
Deductions operating costs........ 42,000
Retirement annuities paid ......... 987,000

Reference no: EM13871367

Questions Cloud

Define supply chain management : Define supply chain management
Identify transactions related to governmental entities : Identify specific transactions related to governmental entities How will accomplishing these objectives support your success in accounting?
The books of boiler company to record the receipt : On January 1, 2010, Boiler Company received two notes for merchandise sold:
Perform a total cost of ownership analysis select a supplier : Perform a total cost of ownership analysis and select a supplier., If the warehouse size and administrative restrictions are resolved, would it make economic sense to order in truckload quantities? Would your supplier selection change in this case? (..
Prepare a statement of fiduciary net position : The following information is available for Russellville at June 30, 2012. Prepare a statement of fiduciary net position for Russellville Pension Trust Fund as of June 30, 2012, by reporting the assets and liabilities from the information provided.
Who might their superior be in the healthcare network : What is the interface between this profession and other healthcare providers - Who might their superior be in the healthcare network?
What are latent fingerprints : "What are Latent Fingerprints?" Incorporate information into the assignment from this  website http://www.wisegeek.org/what-are-latent-fingerprints.htm
Discuss the applicable law : Discuss the applicable law(s) and then apply the law(s) to the material facts in the problem. In discussing the law, describe each element of the law and the facts that apply to each element. Include a discussion of any possible defenses
Granted credit with shorter payment deadlines : Indicate the most likely effect of the following changes in credit policy on the receivables turnover ratio and days to collect (+ for increase, for decrease, and NE for no effect). a. Granted credit with shorter payment deadlines. b. Granted credit ..

Reviews

Write a Review

Accounting Basics Questions & Answers

  Princess cruise lines has the following service departments

princess cruise lines has the following service departments concierge valet and maintenance. expense for these

  The balanced scorecard measures organizational performance

the balanced scorecard measures organizational performance along four dimensions. is it possible that measures on the

  Draw a cvp chart for the company

Seton Company manufactures a single product that sells for $360 per unit and whose total variable cost are $270 per unit. The company's annual fixed costs are $1,125,000. (1) Use this info to compute the company's (a) contribution margin, (b)contribu..

  International accounting issues

actual case study where you will relate the concepts of IFRS and international accounting issues, including transfer pricing and taxation, corporate governance, and consolidation principles,

  What amount will be in the investment fund

Vannoy Corporation will invest $30,000 every January 1st for the next six years (2012 - 2017). If Wagner will earn 12% on the investment, what amount will be in the investment fund on December 31, 2017?

  The stock of columbia dance academy is currently trading

the stock of columbia dance academy is currently trading at 25 per share. the firms dividend yield is 10. what is the

  Nancy gave her grandson sean twenty acres of land her tax

. nancy gave her grandson sean twenty acres of land. her tax basis in the land was 25000. nancyamp39s marginal tax rate

  Inventory count of supplies in the storeroom

During the year, supplies purchased were debited to the supplies inventory account in the amount of $6,500. On December 31, 2009, the inventory count of supplies in the storeroom was $1,750. Give the adjusting entry required at December 31, 2009.

  Journalize all entries required on the abouve dates

Journalize all entries required on the abouve dates, including entries to update depreciation, where applicable, on assets disposed of. Thomas Company uses straight-line depreciation. (Assume depreciation is uo to date as of Dec 31 2005.

  Determine the companys margin of safety

Determine the break-even point in sales units and the break-even point in sales units if the company desires a target profit of $25,000 - Determine the companys margin of safety

  List the name of the fund

1. (TCOs D, E, F, and G) Please list the name of the fund(s) in which each of the following transactions or events would be recorded.

  With credit terms of 210 n30 the seller is offering the

with credit terms of 210 n30 the seller is offering the purchaser a 2 cash discount if the amount is paid within 10

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