« previous next »

Author Question: A county had the following earnings during the year: Charges for services in public works of ... (Read 64 times)

haleyc112

  • Hero Member
  • *****
  • Posts: 600
on: Jul 5, 2018
A county had the following earnings during the year:
   Charges for services in public works of 289,000
   Public safety operating grants of 100,000
   Property taxes of 1,950,000
   Interest earned on restricted grants of 5,750
 
 
  Interest earned on unrestricted grants of 3,250
   Public works capital grants of 310,000
   Sales taxes of 425,000
  Based on this information and assuming all revenues were earned, governmental activities general revenues for the year would be
  A. 704,750.
  B. 1,950,000.
  C. 2,378,250.
  D. 3,083,000.

Question 2

The order of the flow of accounting data is (1) record in the ledger, (2) record in the journal, (3) prepare thefinancial statements.
 a. True
  b. False
 
   Indicate whether the statement is true or false


shoemake

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Every flu season is different, and even healthy people can get extremely sick from the flu, as well as spread it to others. The flu season can begin as early as October and last as late as May. Every person over six months of age should get an annual flu vaccine. The vaccine cannot cause you to get influenza, but in some seasons, may not be completely able to prevent you from acquiring influenza due to changes in causative viruses. The viruses in the flu shot are killed—there is no way they can give you the flu. Minor side effects include soreness, redness, or swelling where the shot was given. It is possible to develop a slight fever, and body aches, but these are simply signs that the body is responding to the vaccine and making itself ready to fight off the influenza virus should you come in contact with it.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
The Works of Geoffrey Chaucer Newly Augmented, Kelmscott Press. The Works of Geoffrey Chaucer Newly Augmented, Kelmscott Press.
Participating in religious services is related to better coping skills, less severe stress ... Participating in religious services is related to better coping skills, less severe stress ...
Your Body Works to Metabolize Alcohol Your Body Works to Metabolize Alcohol
A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ... A promissory note has a face value of $6000 and it has a date of issue of June 1 this year. The ...
Video: ribosome

For a complete list of videos, visit our video library