This topic contains a solution. Click here to go to the answer

Author Question: Which of the following methods of capital asset valuation is not considered an acceptable ... (Read 65 times)

drink

  • Hero Member
  • *****
  • Posts: 554
Which of the following methods of capital asset valuation is not considered an acceptable alternative under generally accepted accounting principles for a donated capital asset?
 
  A. Original cost
  B. Estimate cost
  C. Fair market value
  D. Book value to donor.

Question 2

A city's annual required contribution for the OPEB plan offered to their General Fund employees is 14,000 . The city does not choose to make the annual required contribution but instead will continue to pay postretirement benefits as they come due.
 
  The current year's benefit payments total 2,500 . The General Fund would recognize an expenditure of
  A. 0.
  B. 2,500.
  C. 14,000.
  D. 16,500.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

D

Answer to Question 2

B




drink

  • Member
  • Posts: 554
Reply 2 on: Jul 6, 2018
Excellent


ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library