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Author Question: A meaningful change in the state of an enterprise such as hiring employees, purchasing inventory, ... (Read 58 times)

mcmcdaniel

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A meaningful change in the state of an enterprise such as hiring employees, purchasing inventory, and collecting cash from customers are called ___________________ ___________.
 Fill in the blank(s) with correct word

Question 2

A county, that did not previously have a property tax levies a property tax for 900,000 in December 2012 . The tax is for the budget year January 1 - December 31, 2013 .
 
  Because it sends out the bills on December 1, it actually collects 500,000 in cash before December 31, 2012 . It collects an additional 375,000 of 2013 property taxes during calendar year 2013, 20,000 during January 1 - February 28, 2014, and the remaining 5,000 in June 2014 . How much property tax revenue should the county report in its 2013 fund and government-wide financial statements?
   Fund Government-wide
   Statements Statements
   a. 375,000 400,000
   b. 875,000 900,000
   c. 875,000 895,000
   d. 895,000 900,000



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Anton

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Answer to Question 1

business events

Answer to Question 2

d




mcmcdaniel

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Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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