Which of the following methods of capital asset valuation is not ...

[drink]

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.

[jesse.fleming]

Answer to Question 1

D

Answer to Question 2

B

[drink]

Excellent

[ryansturges]

Gracias!