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The sheriff, s office in the village of Katoonah had a General Fund appropriation of $ 85,000 for public safety supplies.On April 25 the sheriff ordered supplies with a quoted price of $ 80,000.On May 15 one- half of the supplies arrived, along with an invoice for $ 40,000.On June 6 the other half of the supplies arrived, accompanied by an invoice for $ 42,000.Both invoices were approved for payment. Prepare journal entries to record the encumbrance and acceptance of the supplies. Also, state the balance available for spending in the public safety supplies appropriation after acceptance of the second delivery of supplies.
Prepare the journal entry by Twin Digital to record the semiannual interest on July 1, 2013 Prepare the journal entry by Twin Digital to record the redemption of the bonds on July 1, 2013.
on january 1 a company borrowed 70000 cash by signing a 9 installment note that is to be repaid with 4 annual year-end
What is the amount Dubois will receive on the sale of the note? (d) Dubois Inc. wishes to accumulate $1,300,000 by December 31, 2024, to retire bonds outstanding.
"Fair Value" Imagine that you are a consultant working on a special project to help a company determine techniques that it can use in order to calculate the fair value of investments. From the e-activity, prepare a report to management in which you c..
We examined two important topics in finance this week: (a) present and future values and (b) security valuation.
When making a short term investment decision which of the following is not usually a factor in your decision?
micro technology is considering two alternative proposals for modernizing its production facilities. to provide a basis
balfour corporation acquired 100 of tobac inc. a foreign corporation for 33000000 fc. the acquisition which was
on january 1 2008 a company issued 10 10-year bonds payable with a par value of 720000. the bonds pay interest on july
How is the business process level pattern for the conversion cycle similar to the business process pattern for the revenue cycle? How are the two patterns different?
raleigh sold 1000 units at 500 each and earned net income of 50000. variable expenses were 300 per unit and fixed
after marketing the jackets for several years the company is experiencing a falloff in demand due to an economic
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