User Account

All Pages

What entry is needed to account for this acquisition

Assignment Help Accounting Basics
Reference no: EM131565108

1. If the City of Pittsburgh issued bonds on October 1, 2015 for the construction of a new building and those bonds were issued at par, what would the entry be on December 31, 2015 to accrue the interest owed on those bonds?

2. The General Fund of the City of Pittsburgh used water and sewer services provided by the city owned utility (a proprietary fund of the City of Pittsburgh that is NOT included in the Government Wide Activities). The journal entry(ies) to record the transaction will include a Debit to__________ ?

3. If the City of Pittsburgh acquired $15,000 in capital assets using General Funds, what entry(ies) is(are) needed to account for this acquisition?

Reference no: EM131565108

Questions Cloud

Discuss the narrative point of view in the story : Discuss the narrative point of view in the story and why you think the author chose to use it.
Which market would you pursue : Which market would you pursue and which ones would you not pursue? Provide examples with factual data (and cite your sources) in your answer.
What is your total daily caloric intake in calories : Your specific assignment for this week is to select one type of quantitative health datum to collect from your own life.
How are the same or difference and which is more dynamic : How are the same or difference? Which is more dynamic? Effective? Why? (Use analysis and comparison, not definition demonstrating critical thinking).
What entry is needed to account for this acquisition : If the City of Pittsburgh acquired $15,000 in capital assets using General Funds, what entry(ies) is(are) needed to account for this acquisition
Write enumeration essay on a story : write a three-point, enumeration essay, which must be argumentative
How the company you work for uses one of the risk management : Provide an example of how the company you work for uses one of these risk management techniques.
Prepare the liabilities section of obrians balance sheet : Prepare the liabilities section of O'Brian's balance sheet using the following information: Accounts payable $157,000
Explain your reasoning providing support for recommendation : Explain your reasoning providing support for your recommendation. Show calculations to support the rent or buy decision above.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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