A government has a general government capital project underway.
In the first year of the project, the government purchased land for a building site for 75,000; signed a contract with a contractor for 8,000,000; was billed 4,500,000 by the contractor for work completed during the year; and paid the contractor 4,050,000 . The land was also paid for. At the end of the first year, what amount of assets should be included in General Capital Assets accounts as a result of this activity?
a. 75,000
b. 4,125,000
c. 4,575,000
d. 8,075,000
Question 2
What is the recommended order that special journals should be posted to the subsidiary ledgers and the general ledger?
a. Sales, Purchases, Cash Receipts, Cash Payments
b. Sales, Purchases, Cash Payments, Cash Receipts
c. Sales, Cash Receipts, Purchases, Cash Payments
d. No special order is recommended
The phosphorus cycle. Numbers are 1012 g P or fluxes as 1012 g P per year (data from Schlesinger 199
History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Observed Mother–Child Arguments at Five Time Points Over an Eight-Year Period
T cells are of three general types: (1) helper T cells that secrete cytokines, which upregulate the ...
Two lymphocytes that are reactive in a 19-year-old college student with infectious mononucleosis. ...