« previous next »

Author Question: The first item appearing on the statement of retained earnings is a. net income b. the ending ... (Read 183 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jul 5, 2018
The first item appearing on the statement of retained earnings is
 a. net income
  b. the ending balance of retained earnings
  c. owner withdrawals
  d. the beginning balance of retained earnings

Question 2

A city sells 5 million of 20-year general obligation bonds on October 1, 2013 . Interest on the debt is payable at the rate of 5 a year on the unpaid balance of the debt, every six months commencing March 31, 2014 .
 
  How much should the city report as an interest expenditure in the Debt Service Fund for the calendar year ending December 31, 2013?
   a. 0
   b. 30,000
   c. 60,000
   d. 120,000


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
Example of a patient statement. Example of a patient statement.
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales At 19 months, Merr would clearly pass the 17-month item on the Bayley Scales
Lone-parent household income and the degree of vulnerability Lone-parent household income and the degree of vulnerability
Video: Contraction and Relaxation Animation

For a complete list of videos, visit our video library