This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The city of Brittainville's Special Revenue Fund 6 levied 350,000 in taxes, of which 1 was expected ... (Read 83 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Jul 6, 2018
The city of Brittainville's Special Revenue Fund 6 levied 350,000 in taxes, of which 1 was expected to be uncollectible; the balance is expected to be collected during the current year.
 
  During the year, the fund also collected  7,500 of interest revenue and transferred 50,000 from the General Fund. As a result of these transactions fund balance will increase by
  a. 407,500
  b. 404,000
  c. 357,500
  d. 354,000
  e. 400,000

Question 2

The assets and liabilities of the company are 128,000 and 84,000, respectively. Owner's equity should equal
 a. 212,000
  b. 44,000
  c. 128,000
  d. 84,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaaaaaaa

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 6, 2018
Answer to Question 1

B

Answer to Question 2

b


leilurhhh

  • Member
  • Posts: 560
Reply 2 on: Jul 6, 2018
:D TYSM

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

« previous next »
 

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?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

The first step in field recovery involves surveying the site, sometimes with special equipment. The first step in field recovery involves surveying the site, sometimes with special equipment.
During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc During World War I, advancing armies unloosed ferocious artillery barrages to destroy deeply entrenc
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
How to evaluate angles using cosecant, special triangles, and the unit circle (Part 3) How to evaluate angles using cosecant, special triangles, and the unit circle (Part 3)
Special Education: Contemporary Perspectives for School Professionals, 5th Edition Special Education: Contemporary Perspectives for School Professionals, 5th Edition
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
Video: Aneurysm

For a complete list of videos, visit our video library