« previous next »

Author Question: The first item appearing on the statement of retained earnings is a. net income b. the ending ... (Read 129 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jul 5, 2018
The first item appearing on the statement of retained earnings is
 a. net income
  b. the ending balance of retained earnings
  c. owner withdrawals
  d. the beginning balance of retained earnings

Question 2

A city sells 5 million of 20-year general obligation bonds on October 1, 2013 . Interest on the debt is payable at the rate of 5 a year on the unpaid balance of the debt, every six months commencing March 31, 2014 .
 
  How much should the city report as an interest expenditure in the Debt Service Fund for the calendar year ending December 31, 2013?
   a. 0
   b. 30,000
   c. 60,000
   d. 120,000


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
Dropping a Sterile Item onto a Sterile Field Dropping a Sterile Item onto a Sterile Field
Women who are 65 and older have a lower median income from all sources than men in the same age ... Women who are 65 and older have a lower median income from all sources than men in the same age ...
The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn? The Gender Pay Gap Over Time: What Percentage of Men's Income Do Women Earn?
Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose. Enzymes: Note the enzyme has the ending ase as in sucrase and the actual substrate is sucrose.
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library