Explain an agency fund or a governmental fund
Why do the balance sheets of agency funds contain only assets and liabilities, but no fund balances? Why is it often unclear whether the resources relating to a particular activity should be accounted for in an agency fund or a governmental fund?
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List and discuss the age necessary to drive a car, drink alcohol, vote, join the military, get married, own a gun and leave school, along with the condition of public transportation.
At what amount should each of the four desks appear in the company's December 31, 2014, inventory, assuming that the company has adopted a lower-of-FIFO-cost-or-market approach for valuation of inventories on an individual-item basis? (
Identify some of the features and values you associate with a just society. For example, does it include access to quality education, basic healthcare, and housing? How involved should the national government be with local issues and personal deci
The number of books checked out at a public library by a sample of eight primary school children were recorded: Report the mean, variance and standard deviation for this data set.
Nonexchange expenditures are the mirror image of nonexchange revenues. A state government provided several grants to school districts and local governments during its fiscal year ending August 31.
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Palmer, Inc. has a net operating loss carryforward of $100,000. If Palmer continues its business with no changes, it will have $50,000 of taxable income (before the NOL) in both 2014 and 2015.
For this week's discussion assignment look at the balance sheet of the company you chose in Week 1 (General Motors). Calculate the current ratio, quick ratio, and debt to equity ratio for your company.
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