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Question - Delinquent taxes receivable in the amount of $17,150 were written off as uncollectible. Interest and penalties already recorded as receivable on these taxes, amounting to $8,820, were also written off. Additional interest on these taxes that had legally accrued was not recorded since it was deemed uncollectible in its entirety.
Required: Record this transaction in the General Fund and governmental activities journals.
when resisto systems inc. was formed the company was authorized to issue 5000 shares of 100 par value 8 percent
Comparative balance sheet data for Tanzanite Imporium follow. In addition, new equipment was purchased for $60,000, payment consisting of $40,000 cash and a long-term note for $20,000. The short-term note payable was arranged with a supplier to finan..
Applying the stock attribution rules applicable in the case of a stock redemption, how many shares does Bob own in Brown Corporation
Should previous work programs be used? Why or why not? How can you tell if a work program will be successful?
Nov. 2 Received payment of principal plus interest from Carson for the September 3 note. What will be the Total interest for December
A number of business transactions carried out by Smalling Manufacturing Company are as follows: - Borrowed money from a bank.- Sold land for cash at a price equal to its cost.
What was the effect on net income of entering into the derivative transaction for the period January 2 to March 31, 2010? (Ignore tax effects.)
What technological developments have set the stage for the growth of Sense Networks and the success of their products?
Did the Boeing company have any preferred stock at year end? How much of the Boeing company's common stock was outstanding at year end
sterling products a manufacturer of aircraft landing gear makes 1000 units each year of a special valve used in
Nicole Mackisey is thinking of forming her own spa business, Nicole's Getaway Spa (NGS). Prepare a balance sheet for Nicole's Getaway Spa at December 31, 2013.
in early january 2009 sanchez builders purchase equipment for 102000 to use in operating activities for the next five
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