A $5,000,000 issue of construction bonds were sold at par by he capital projects fund, Debt issuance costs included administrative fees of $45,000 and prepaidinsurance costs of $5,000.


Prepare in general journal form the necessaary entries in the governmental activities and approppriate fund journals for each transaction. Expanations may be omitted, For each entry you prepare, name the fund on which the entry should be made.

Answers

Answer 1

Answer and Explanation:

The journal entries are shown below:

Cash Dr $5,000,000

     To Bond proceeds $5,000,000

(Being issuance of the constructions bonds are recorded)

Debt issuance cost  $50,000

        To Cash $50,000

(Being debt issuance cost is recorded)

Cash $4,950,000

Debt issuance cost $50,000

        To Bond Proceeds $5,000,000

(being issuance of the construction bond is recorded)


Related Questions

What are some similarities and differences between Home Depot, Target, and Petsmart?

Answers

Answer:

They all are stores and having customers and sell products but a difference is they sell different things like pet food and wood power tools

An investor thought that market interest rates were going to decline. He paid $19,000 fora corporate bond with a face value of $20,000. The bond has an interest rate of 10% per year payable annually. If the investor plans to sell the bond immediately after receiving the 4th interest payment, how much will he have to receive (sell it for) in order to make a return of 14% per year?

Answers

Answer:

$22,251

Explanation:

Coupon rate = $2,000

Now, we calculate the seired sale price of the bonds:

19,000 = 2,000[P/A, 14%, 4] + S[P/F. 14%, 4]

19,000 = 2,000(2.9137) + S(0.592)

S = (19,000 - 5,827.4) / 0.592

S = 22251.01351351351

S = $22,251

So, he have to receive $22,251.

If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1040 ta
return form?
$24,902.21
$23,562.55
$2,679.32
$26,241.87

Answers

Answer:

Explanation:

$26,241.67

The answer is $26,241.87

The accompanying chart shows the qualitative characteristics of useful accounting information. Fill in the blanks. Fundamental Qualities Usefulness Enhancing Qualities Relevance Consistency select an aspect of relevance select an enhancing quality select an aspect of relevance select an enhancing quality select an aspect of relevance select an enhancing quality Understandability Faithful Representation select an aspect of faithful representation Neutral select an aspect of faithful representation

Answers

Answer:

Follows are the solution to this question:

Explanation:

please find the attached file.

In point a the answer is "predictive value", Its sensitivity and precision of the results as well as diseases pervasiveness throughout the populace being tested involve determining predictive power.

In point b, the answer is "confirmatory value" which allows users to check and verify previously estimated or assessments.

In point c, the answer is "materiality" is the importance of certain facts to a sensible user throughout the decision-making and also how their incorporation in the financial reports will impact the assessment of past, portray, and upcoming things.

In point d, the answer is complete.

In point e, the answer is free of error.

In point f, the answer is "comparability " its quality of financial reports, which involves comparing yet another company's financial reporting with yet another firm's earnings reporting.

In point g, the answer is "verifiability " must be verified by the same information and hypotheses.

In point h, the answer is "timeliness "it is a prompt method that is how quickly taking account data for users is accessible.

Andrew’s company uses a special email program for communicating within the organization. What should the company do to ensure that its employees are able to access the inbox even when they are away from office?

Answers

Answer:

Make a program available as a web app

Explanation:

Since in the given situation it is mentioned that the Andrew company used a special email program for communication within the organization so is able to ensure that the employees able to access still when it is away from the office so here the program should be made that would be a web app

Therefore the same would be considered

11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.

Answers

Answer:

Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.

Background image

1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
much is the pressure exerted by the metal box on the floor? Take g=
10 m/s?
C.​

Answers

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

The pressure exerted by metal box on the floor is 33.34  [tex]N/m^{2}[/tex]

Pressure is defined as force per unit area.

     [tex]Pressure=\frac{Force}{Area}=\frac{F}{A}[/tex]

Force,[tex]F=20N[/tex]  and  Area [tex]A=0.6*1=0.6m^{2}[/tex]

  Pressure = [tex]\frac{20}{0.6}=33.34N/m^{2}[/tex]

Therefore, Pressure exerted by metal box on the floor is 33.34  [tex]N/m^{2}[/tex]

Learn more:

https://brainly.com/question/12561906

Read the excerpt from “The Monkey's Paw.”
Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said, slowly. "It seems to me I've got all I want."
"If you only cleared the house, you'd be quite happy, wouldn't you?" said Herbert, with his hand on his shoulder. "Well, wish for two hundred pounds, then; that'll just do it."
His father, smiling shamefacedly at his own credulity, held up the talisman, as his son, with a solemn face, somewhat marred by a wink at his mother, sat down at the piano and struck a few impressive chords.
"I wish for two hundred pounds," said the old man distinctly.
A fine crash from the piano greeted the words, interrupted by a shuddering cry from the old man. His wife and son ran toward him.

Which phrase indicates a change in mood within the excerpt?

“struck a few impressive chords”
“smiling shamefacedly at his own credulity”
“a fine crash from the piano”
“interrupted by a shuddering cry”

Answers

Answer:

“smiling shamefacedly at his own credulity”

Explanation:

Answer:

its c

Explanation:

1. Which of the following is the money or other resources needed to pay for a part or
parts of the company?
A. Investment
B. Purchasing cost
C. Grant
D. Finance

Answers

Answer:

A. Investment

Explanation:

The money that you need to pay to purchase and acquire a part of a company is an investment. This investment can be used, for example, to buy stock. A stock is a title of ownership of a company for the percentage of the company that the stock represents. If I own 100 stocks that represent 1% of a company, then, I own 1% of that company. In other words, my investment (my money) is worth 1% of said company.

Kallapur company manufactures two products: kap1, which sells for $120; and quin, which sells for $220. estimated cost and production data for the current year are as follows.

Answers

The question is incomplete. The complete question is :

Kallapur company manufactures two products: KAP1, which sells for $120; and QUIN, which sells for $220. estimated cost and production data for the current year are as follows :

                                                               KAP1              QUIN

Direct materials cost                             $ 30               $ 45

Direct labor cost (at rate $ 12/hr)          $ 24                $ 60

Estimated production (units)              25,000             15,000

In addition, fixed manufacturing overhead is estimated to be $ 2,000,000 and variable overhead is estimated to equal $ 3 per direct labor hour. Kallapur desires a 15 percent return on sales for all of its products.

Calculate the target cost for both KAP1 and QUIN.

Solution :

It is given that Kallapur company manufactures two products namely KAP1 and QUIN.

Selling cost of KAP1 = $ 120

Selling cost of QUIN = $ 220

∴ [tex]$\text{Target cost = target price - target profit}$[/tex]

Target cost of KAP1

Target price = $ 120

Target profit = $ 120 x 0.15

                     = $ 18

So, [tex]$\text{target cost = target price - target profit}$[/tex]

                        = 120 - 18

                       = $ 102

Target cost of QUIN

Target price = $ 220

Target profit = $ 220 x 0.15

                     = $ 33

So, [tex]$\text{target cost = target price - target profit}$[/tex]

                        = 220 - 33

                       = $ 187

hey does anyone play nitro type!?

Answers

Yes. That game used to be the best

yeah lol I used to play all the time but I sucked at it

A person who is a good employee of a multinational company means that he is fit to be an entrepreneur. TRUE or FALSE

Answers

I believe it’s true but I could be wrong

Car crashes in the United States result in high costs. In what areas do these high costs occur?

Select the 2 answer options that apply.

Money


Work time


Human lives


Sleep

Answers

Answer:

human lives and money i took that quic

Describe a real or made up but realistic situation that could cause you or someone you know to have to use money from a financial reserve. (3-6 sentences)

Answers

Answer:

There are a thousand and one scenarios that would make me break my piggy bank.

Explanation:

If I came across a  very good deal, I'd draw from my financial reserve and empty it if need be to take advantage of such an opportunity.

Imagine for instance that a 2020 Chevrolet Silverado 2500HD truck which normally goes for about $34,000 is suddenly available for whatever legitimate reason for about $10,000 and its only 3 months old without dents or any mechanical fault, perhaps the owner needs cash for something equally more profitable to them, I'd grab the opportunity to buy it and resell at a higher price in order to turn a decent profit.

For a car that has only been used for three months, I can resell easily and very quickly at half the original price making a $7,000 in profit or I decide to hold on a little while can actually sell at a much higher price for nearly $30,000 perhaps one or two thousand dollars less and still make an extremely good profit.

Cheers

LETS DEBATE AB ABORTION.

Answers

I’m pro choice but respect everyone’s opinion:)

Answer:

i dont like the idea of them but if  you must get one to survive then do it

Explanation:

Suppose that, in a competitive market without government regulations, the equilibrium price of hamburgers is $7 each.

Indicate whether each of the statements is an example of a price ceiling or a price floor and whether it is binding or nonbinding.

Statement Price Control Binding or Not

1. The government has instituted a legal minimum price of $8 each for hamburgers.

2. The government prohibits fast-food restaurants from selling hamburgers for more than $8 each.

3. Due to new regulations, fast-food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so.

Answers

Answer:

price floor

Explanation:

due to new regulations, fast food restaurants that would like to pay better wages in order to hire more workers are prohibited from doing so

1. What factors would lead to an increase in population.
global warming, pollution and birth rates
better health care, access to food and clean water
access to water, public transportation and pollution
O public transportation, migration and jobs

Answers

Answer:

global warming, pollution and birth rates

Explanation:

I hope this helps! ^^

☁️☁️☁️☁️☁️☁️

does anyone know the answer to this

Answers

Answer:

My answer is B.

Explanation:

The reason its in the question lol.

What skills do you think an aircraft engineer would need to have?

Answers

Probably engineering and probably airplanes

In a restaurant, how does a poor kitchen layout impact the staff?
Poor kitchen layout results in poor _______ in staff.

Answers

Answer:

Effeciency

Explanation:

In a restaurant, how does a poor kitchen layout impact the staff?

Poor kitchen layout results in poor EFFICIENCY in staff.

Type the correct answer in the box. Spell all words correctly.
Which pricing strategy involves setting a high price for an exclusive, high-end product?
The
pricing strategy involves setting a high price for an exclusive, high-end product.

Answers

It could be branding...

Answer:

premium pricing strategy

Explanation:

plato

What is the role of the third part in mediation?
A. Adversary
B.Advocate
C.Friend
D.Facilitator

Answers

Answer:

b

Explanation:

Answer:

facilitator

Explanation:

an object is placed at a distance of 20cm from convex lens of focal length 15cm find the image distance​

Answers

Answer:

Image distance = 60 cm

Explanation:

Object distance from a convex lens = 20 cm

Focal length of convex lens = 15 cm

Use the following relation between the object distance, focal length and image distance.

[tex]\frac{1}{object\,\,distance}+\frac{1}{image\,\,distance} =\frac{1}{focal\,\,length}[/tex]

[tex]\frac{1}{20}+\frac{1}{image\,\,distance}=\frac{1}{15}\\\\ \frac{1}{image\,\,distance}= \frac{1}{15}-\frac{1}{20}\\\\ \frac{1}{image\,\,distance}= \frac{4-3}{60} \\\\ \frac{1}{image\,\,distance}=\frac{1}{60}[/tex]

Therefore,

Image distance = 60 cm

An example of this operating expense is checkout counters.

1) Advertising
2) Fixtures
4) Rent
5) Equipment

Answers

Im pretty sure its 2) Fixtures

Sorry if its wrong

Answer:

On EDGE it's A. Fixtures

Explanation:

The answers are listed wrong here for the edge question but it is fixtures for either.

Sales of quilt covers at bud​ banis's discount department store in carbondale over the past year are shown below. management prepared a forecast using a combination of exponential smoothing and its collective judgment for the 4 months​ (march, april,​ may, and​ june):

Answers

Answer:

The MAD is 15.50

Explanation:

Note: The question was incomplete, please find the attached complete question.

MAD for forecast

MAD refers to mean absolute deviation.

MAD determines the forecasted value of the demand from the actual demand.

MAD is described as a mean deviation for every period in absolute terms.

The MAD is calculated as follow

Month ____ Sales Units ___ Forcasted Value ____ Absolute deviation

____________ X _____________ Y ______________ |X – Y|  

March _____ 101 units _______ 120 units __________ 19 units

April ______ 96 units ________114 units ___________18 units

May _______89 units ________112 units ___________23 units

June______ 108 units ________110 units ___________2 units

Total absolute Deviation ________________________ 62 units

Calculate the Mean of absolute Deviation as follow

Mean of absolute Deviation as follow = Total absolute Deviation / Numbers of months

Mean of absolute Deviation as follow = 62 units / 4 months

Mean of absolute Deviation as follow = 15.50 per month

Mean of absolute Deviation as follow = 15.50

does anyone else's parent threaten to abuse them when you do bad in school or is it just me?

Answers

Answer:

.....

Explanation:

wow-

I have 1 F and 2 D's in my business class, Language arts, and science, because I have to study for another school which takes up a lot of my homework time. (Online School) Please help (┬┬﹏┬┬)

Answers

Answer:

I'm not sure how to help other than to tell you that you've got this! I am an AP and a dual-enrollment student, so I completely understand.

Which business environment are SMEs part of? Micro, market,macro environment and why

Answers

Answer:

Micro-environment factors include internal factors i.e. customers, suppliers, competitors, etc. whereas macro-environment has external factors like political, social, economic, etc.

studiousguy.com › Marketing

what would wages look like if there was no minimum wage?

Answers

Answer:

if changed now they'd probably stay the same

Explanation:

people aren't going to buy anything if they don't have enough money to even feed themselves so if wages were lowered, especially minimum wage, that would be pretty bad lol

Which strategy best helps a famous brand company reach consumers?


selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively

Answers

Answer:

C.) advertising nationally

Explanation:

This is the correct answer. The person above may only have a 3-star rating, but they are correct.

The correct answer is C.) advertising nationally This is the correct answer.  when The person above may only have a 3-star rating, also but they are correct.When National advertising is any advertising that is placed by a company, organization, or individual that is operated on a national or regional (multi-state) basis.

Learn more about:

https://brainly.com/question/17615860

Other Questions
who invented the smallpox vaccination? Riyas height is 150 cm while her brother is 160 cm tall. If Riya weighs 45 kg and her brother weighs 48 kg, are their heights in proportion to their weights. pls help me in this Kami wants to use the following research question for a multimedia presentation. How did colonialism impact modern society?Which statement best describes Kamis research question?It is an open-ended question that needs to be more specific.It is a close-ended question that is too broad in scope.It has a limited set of responses and is too narrow.It is a very strong and very specific research question. HELP PLEASE I DO NOT UNDERSTAND match them The function c(x) = 72 (1.04)x models the cost in dollars, c, of 1 ounce of a certain chemical used in a laboratory. x represents the number of years since 2010.How much does an ounce of the chemical cost in 2018?$ how to figure the surface area A kid is bouncing on a pogo stick. He oscillates 22.0 times in 14.9 S. What is his frequency? (Unit = Hz) The time taken by Nick to do his statistics homework follows a normal distribution with a mean of 25 minutes and a standard deviation of 5 minutes. Jasmins homework time also follows a normal distribution with a mean of 50 minutes and a standard deviation of 10 minutes. They hate each others guts and never work together so we can assume that Nicks homework completion is independent of Jasmines homework completion.a) Define the random variable D to be the difference between the amount of time spent on a randomly selected assignment of Jasmins and a randomly selected assignment of Nicks. So D = N J. Find the mean and the standard deviation of D.b) Calculate the probability that Nick spent longer doing his assignment than Jasmin did. Show your method clearly. Please help me with this Which of the following would focus on atmospherics? A. Distributors B. Providers C. Sales prospects D. Purveyors Find the perimeter of the shape on this centimetre grid. HELP ASAP PSYCHSally is 38 years old. She is accompanied to a business meeting with her colleague, Jim. Manyparticipants in this meeting Sally and Jim have never met. One of the unknown members came upto Sally and Jim and introduced himself. In turn Sally introduced herself then forgot the name of theperson who came with her to the meeting (Jim). This type of forgetting is called- daydreaming - blocking - absentmindedness - interference For the given functions f and g, find the requested composite function value.f(x) = x - 8x , g(x) = x2 + 6; Find ( g H f)(-2). Can you freeze sound waves Factor Completely::: turn into passive voice plss ty Which of the following forms of energy is not transmitted in waves?Question 5 options:lightsoundelectricalheat Which of the following is a direct economic advantage associated with aquaculture?AAquaculture breeds genetically modified fish to increase theamount of biodiversity in the population.BAquaculture reduces the number of fishing operations in an area.Aquaculture produces large amounts of seafood for humanpurchase and consumption year-round.DAquaculture requires large bodies of water for its operations. i will literally give you brianlist Factor.x^24x+4plz help