This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Interest Income would appear under which column of the worksheet a. Income Statement, DR b. ... (Read 28 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
on: Jul 6, 2018
Interest Income would appear under which column of the worksheet
 a. Income Statement, DR
   b. Balance Sheet, DR
   c. Income Statement, CR
   d. Balance Sheet, CR

Question 2

The county issued a six-month, 6, 200,000 bond anticipation note on October 1, 20X7, to provide temporary financing for a police station construction project. The voters have not approved the bonds, but approval is expected before year-end.
 
  The county government was billed 150,000 during the year for construction costs on its capital project and 125,000 was paid. The government should report Capital Projects Fund expenditures for the year ended December 31, 20X7 of:
  a. 125,000
  b. 150,000
  c. 153,000
  d. 162,000


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Danny Ewald

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

C


shenderson6

  • Member
  • Posts: 573
Reply 2 on: Jul 6, 2018
Gracias!

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
Distribution of the Income of Americans Distribution of the Income of Americans
The spinal column. The spinal column.
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
Income per Capita versus Inequality Income per Capita versus Inequality
Right Lateral View of Vertebral Column Right Lateral View of Vertebral Column
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library