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

Author Question: Interest Income would appear under which column of the worksheet a. Income Statement, DR b. ... (Read 18 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jul 6, 2018
Interest Income would appear under which column of the worksheet
 a. Income Statement, DR
   b. Balance Sheet, DR
   c. Income Statement, CR
   d. Balance Sheet, CR

Question 2

The county issued a six-month, 6, 200,000 bond anticipation note on October 1, 20X7, to provide temporary financing for a police station construction project. The voters have not approved the bonds, but approval is expected before year-end.
 
  The county government was billed 150,000 during the year for construction costs on its capital project and 125,000 was paid. The government should report Capital Projects Fund expenditures for the year ended December 31, 20X7 of:
  a. 125,000
  b. 150,000
  c. 153,000
  d. 162,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

C


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jul 6, 2018
YES! Correct, THANKS for helping me on my review

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Lumbar puncture. Abbreviated LP, the lumbar puncture is a common procedure that withdraws cerebrospi Lumbar puncture. Abbreviated LP, the lumbar puncture is a common procedure that withdraws cerebrospi
Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
The spinal column. The spinal column.
Relationship between Income and Happiness in the United States Relationship between Income and Happiness in the United States
Complete the worksheet Complete the worksheet
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Congenital Heart Defects Animation

For a complete list of videos, visit our video library