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Submit your responses to the following questions in a 1-2 page summary MSWord document. Label each question clearly. For computations done in an Excel spreadsheet, please copy and paste your work into your MSWord document, For written answers, please make sure your responses are well written, use APA formatting and have the proper citation, if needed.
1. If the General Fund of a certain city needs $6,720,000 of revenue from property taxes to finance estimated expenditures of the next fiscal year and historical experience indicated that 4% of the gross levy will not be collected, what should be the amount of the gross levy for property taxes? Please show all computations in good form.
2. How does one determine whether a particular lease is a capital lease or an operating lease? What entries are required in the general journals of a government fund and governmental activities at the government-wide level to record a capital lease at its inception?
James Paul importers provides the following pension plan- From the data above, evaluate the actual return on the plan assets for 2011.
Compute journal entries to record the above transactions for a retail store.
Accounting for bad debt expense
Evaluate the cost of the property to be recorded in the accounts. Prepare journal entries to reflect the revaluation for both building and land of the property.
Evaluate the relevant costs of the old machine and the new machine.
Evaluate the cost of the ending inventory of three methods
Identify two ways to finance the remaining $20,000 you will need, so you can pay all of the liabilities when they are due
Describe the current marketing communication, identity, and brand position of Plaza Home Health Services.
In addition, Moss and Kim have suggested that the operating agreement be written so that all matters are settled by majority vote, with each partner having a one-third voting interest in the LLC and if you were providing Kelly Herron counsel, what..
Evaluate Chis recognized gain or loss on the exchange.
Drop a Product and opportunity cost Midwestern Sod Company produces two products - Evaluate the opportunity cost of the president's decision to stick with both types of grass?
Will the state revenue agency collect the outstanding payroll tax from graeter under Federal joint and numerous liability rules for tax obligation of consolidated return affiliates?
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