Government enterprise fund to general fund
Payments in lieu of taxes that are not payments for services from a government's Enterprise Fund to its General Fund should be reported by the Enterprise Fund as:
a. Operating expenses
b. Nonoperating expenses
c. Transfers out
d. Special item
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Merchandise with a list price of $4200 and costing $2300 is sold on account, subject to the following terms: FOD destination, 2/10, N/30. The seller pays the freight costs of $85 (debit Delivery Expense). Prior to payment for goods, the seller iss
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Compute the actual direct labor cost per hour for the month. (Round your answer to 2 decimal places.)
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