« previous next »

Author Question: A county had the following earnings during the year: Charges for services in public works of ... (Read 61 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?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc This girl ran four spinning machines in a cotton mill in Whitnel, North Carolina. Only 4 feet, 3 inc
This 80-year old man in a village in Hubei, China, has slowed down, but he has not retired. He is ... This 80-year old man in a village in Hubei, China, has slowed down, but he has not retired. He is ...
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Kahan (Last Year) Kahan (Last Year)
Video: Smoking Cessation

For a complete list of videos, visit our video library