Record the transactions and events of the white house

Assignment Help Accounting Basics
Reference no: EM133057367

Question - The following transactions and events of the White House occurred during the month of October 2016:

1. The White House received a warrant for its fiscal 2017 appropriation of $2,800,000.

2. The Office of Management and Budget apportioned $650,000 to Able Agency for the first quarter of the 2017 fiscal year.

3. The White House's chief executive allotted $600,000 of the first-quarter appropriation apportionment.

4. Obligations incurred during the month for equipment, materials, and program costs amounted to $130,000.

Required - Record the following transactions and events of the White House that occurred during the month of October 2016. (Record the Journal Entries).

Reference no: EM133057367

Questions Cloud

Calculate the rate of interest for weeks : The Bensington Glass Company entered into a loan agreement with the? firm's bank to finance the? firm's working capital.
Health services administration program : Expectations and challenges are perceived by the student at the Master of Health Services Administration program for health professionals
Business organization and business torts : You and two other business associates are owners of a limited liability corporation that owns and operates several restaurants.
What is the expected return of intel? stock : Suppose Intel stock has a beta of 0.74?, whereas Boeing stock has a beta of 1.23. If the? risk-free interest rate is 6.3% and the expected return of the market
Record the transactions and events of the white house : Record the following transactions and events of the White House that occurred during the month of October 2016. (Record the Journal Entries)
Miller-modigliani theorems : List the assumptions which are behind the MM theorems. Explain the MM proposition I. Use the formula as well.
What is the present value of these cash flows : You are valuing a firm that is expected to earn cash flows that grow at 10% for the first five years and at 5% in perpetuity thereafter.
Find the yield rate over the 10-year period : A loan of $12,000 is being repaid with payments of $1,500 at the end of each year for 10 years. These payments can earn interest at an effective rate of 6% per
Maximum acceptable payback period : Two mutually exclusive projects, C and D, will have an initial cost of $20,000 each and are expected to yield thefollowing after-tax cash flows.

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.

  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!

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