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Author Question: Which of the accounting steps in the accounting process below would be completed last? a. preparing ... (Read 153 times)

cookcarl

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on: Jul 5, 2018
Which of the accounting steps in the accounting process below would be completed last?
 a. preparing the adjusted trial balance
  b. posting
  c. preparing the financial statements
  d. journalizing

Question 2

A government has 3,000,000 of 6, 10-year general obligation bonds outstanding. The bonds were issued on November 1, 20X8 to finance construction of a general capital asset. Interest is payable semiannually on October 31 and April 30 .
 
  What amount of debt service expenditures should the government report for the year ended December 31, 20X8?
  A. 0.
  B. 30,000.
  C. 90,000.
  D. 180,000.


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adf223

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Reply #1 on: Jul 5, 2018
Answer to Question 1

c

Answer to Question 2

A


cookcarl

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

deja

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Reply 3 on: Yesterday
Excellent

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