A county that did not previously have a property tax levies a property tax for $900,000 on January 1, 2020 for the budget year January 1 to December 31, 2020. The county collected $875,000 during 2020, $20,000 during January 1 through February 28, 2021, and the remaining $5,000 in June 2021. What adjustment is needed to the data reported in the governmental fund financial statements to prepare the government-wide statements

Answers

Answer 1

Answer: See explanation

Explanation:

The adjustment is needed to the data reported in the governmental fund financial statements to prepare the government-wide statements will be:

Deferred revenues—property taxes

5,000

Revenues—property taxes

5,000

Deferred revenue, in this case refers to the advance payments that a company receives for the goods that are to be delivered in the future.


Related Questions

Select the two statements about owners of equity in a business that are TRUE.
1.Contractors own equity.
2.A Partner owns equity.
3.All stakeholders own equity.
4.Founders own equity.

Answers

Answer:

2 and 4

Explanation:

Contractors are people who work for the company, but are not employees. They don't own equity.

A partner is one of the shareholders in a company, and owns equity.

Stakeholders are anyone with an interest in the company's success, including its clients. They don't necessarily own equity.

The founder owns all of the equity until she takes on partners, who then own part of the equity.

A Partner owns equity and Founders own equity are the two statements about owners of equity in a business that are TRUE. The correct option is 1 and 2.

Equity in a company refers to ownership interests. Equity is typically held by partners and founders to represent their ownership stake in the business. While founders are the original creators or co-creators of the business, partners are people who share ownership and responsibility in a business venture.

On the other hand, contractors may offer services to the company but usually do not hold ownership rights. The phrase "all stakeholders" refers to a wide range of people and organizations that are impacted by the business, including staff members, clients, vendors and investors. Despite the fact that some stakeholders may have equity ownership not all of them will. As a result the statements that partners and founders own equity in a business are true.

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6 * 4 + 43 w/ solutions
net programming (tle)

Answers

Answer:

24+43w

Explanation:

StayWell Health Insurance is offering a plan with a monthly premium of $240, a deductible of $6500, and maximum out-of-pocket expenses of $10,000. Which of the following people is that plan BEST suited for? *

Answers

The question is about the StayWell Health Insurance plan.

The plan requires a premium to be paid of $240, for a coverage of upto $10,000. The plan can suit the person that can easily afford $240 per month and is expected to claim the out of pocket expenses of $10,000.

A person who's income is more than $1,000 can be suitable for this Health Insurance plan, A person who's income is less than $1,000 can be reluctant to pay $240 as an insurance premium per month when the person have other expenses for example rent, grocery etc.

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The annual report for Jackson Farms disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 810 million shares had been issued and the number of shares in treasury stock was 111 million. During 2017, the only common share transactions were that 19 million common shares were reissued from treasury and 30 million common shares were purchased and held as treasury stock.
Required: Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2017.

Answers

Chocolate homeless Oreos

Answer:

a: 810 (million)

b: 111-19(issued)+30(purchased)= 122 (million)

c: 810 (issued)-122 (treasury)=688 million

The short run average total cost curve reaches it minimum value at an output level greater than that associated with the minimum value of average variable cost because

Answers

Answer:

it includes average fixed cost.

6. Which of the following are examples of possible fixed costs? Rent Property taxes Both of the above ONone of the above 3​

Answers

I believe it’s rent have a good one!

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

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Answer:

Properties Inc. and Land Corp. sign a contract agreeing to pay commission to Properties Inc. for the sale of a property. If the contract has all the requirements necessary for one of the parties to enforce it in court, then it is:

The requirements necessary for one of the parties to enforce it in court, then it is a voidable contract.

What is court?

A court is any person or institution with the jurisdiction to arbitrate legal disputes between parties and administer justice in civil, criminal, and administrative affairs in conformity with the rule of law. A court, often known as a court of law, is a person or group of people with the legal jurisdiction to hear and settle disputes in civil, criminal, ecclesiastical, or military issues.

A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.court

Although voidable contracts are not truly legitimate and enforceable, a party who has suffered a loss as a result of the contract's circumstances (for instance, if they were forced to sign it) may choose to "void" the contract and make it legally unenforceable.

Therefore, Thus option (A) is correct.

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________________ and __________________ are creating customers who are educated about their needs and all the available options for meeting those needs.

Answers

Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

Demand is when people are willing to buy and pay for goods and services at a certain time, while supply is the amount of goods and services available by suppliers to consumers.

There is usually an interaction between the sellers of a resource and the buyers for that resource hence supply create and make available resources while demand pay for the available resources.

Therefore, Demand and supply are creating customers who are educated about their needs and all the available options for meeting those needs.

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Answer: Supply, Demand

Explanation:

A city's water division generated $1.5 million in revenue. It reported expenses of $1 million, which included $200,000 paid to an internal service fund. The water division also transferred $50,000 to the general fund. What amount is the water division's change in net position on the statement of revenues, expenses, and changes in fund net position

Answers

The water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

Using this formula

Change in net position=Revenue-Expenses-Transfer to general fund

Where:

Revenue=$1.5 million

Expenses=$1 million

Transfer to general fund=$50,000

Let plug in the formula

Change in net position=$1.5 million-$1 million-$50,000

Change in net position=$450,000

Inconclusion the water division's change in net position on the statement of revenues, expenses, and changes in fund net position amount is $450,000.

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All of your teammates are dedicated to the project. They put in the time and effort to complete their individual assignments and to be adequately prepared for team meetings. However, this time and effort does not seem to translate into effectively sharing information. Which of the following actions is most likely to improve your team's information sharing?
A. Create less structure to allow more open sharing during team meetings.
B. Encourage more virtual communication among team members.
C. Share more information about each other's assignments to boost mutual understanding
D. Reduce the number of priorities that are discussed during team meetings

Answers

Team building is very important for any team leader. The option that can improve your team's information sharing is to Share more information about each other's assignments to boost mutual understanding.

A group discussion is one where there is an essential conversation about a specific topic. It is often done in a group of a size that ensure the full participation by all members.

This group discussion is also known to be type of meeting and it is not like the formal meetings.

By Sharing information among themselves, they can known themselves more and understand how each other works.

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Sanjana facilitated a hiring committee for her advertising company. Six employees (including two managers) met together to discuss applicants and select the finalists for a creative art director for the public relations department. Although the head of public relations would have the final nod on the candidate that would ultimately be hired, the evaluative work of the committee was very important because this group would send forward those persons they believed would be good work colleagues. In setting up this type of hiring process, the head of public relations was utilizing a(n) __________ style of leadership.

Answers

Answer:

D) participative

Explanation:

A participative leader is someone who is really involved in the company's activities and will be willing to receive input or advice from different employees and staff members. The leader will be open to consider the opinions of different staff members during decision making processes.

The leader as well as his/her staff members will be able to access all the relevant information and discuss possible options. Some participative leaders will also be willing to decide important issues through majority votes that include the leader and important staff members.

Alicia Tax Services paid $690 to settle an account payable. Which of the following general journal entries will Alicia Tax Services make to record this transaction? Multiple Choice Debit Office supplies expense, $690; credit Cash, $690. Debit Cash, $690; credit Office supplies, $690. Debit Office supplies, $690; credit Cash, $690. Debit Office supplies, $690; credit Accounts payable, $690. Debit Accounts payable, $690; credit Cash, $690

Answers

The general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

Based on the information given since Alicia Tax Services paid the amount of  $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:

Debit Accounts payable $690

Credit Cash $690

(To record account payable)

Inconclusion the general journal entries that  Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.

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Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
An increase in the price of oil has reduced supply of all goods and services that use oil as an input.
An ongoing war causes government spending to nearly double in quantity.
O A tornado destroys factories and lowers supply levels throughout the economy.
Exports increase dramatically after a relative drop in price.
O Consumers become more comfortable with debt, increasing their spending as they take on more loans.

Answers

Considering the available options, the statements that will likely lead to cost-push inflation include "An increase in the price of oil has reduced supply of all goods and services that use oil as an input."

The other options that will likely lead to cost-push inflation are "Consumers become more comfortable with debt, increasing their spending as they take on more loans."

What is Cost-Push inflation?

Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.

This implies that the rise in wages allows the consumers to spend more money on limited supply.

Also, when the rise in the cost of materials reduced the supply of all goods and services.

Hence, in this case, it is concluded that the correct answer is options A and E.

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Correct Answers:

- An increase in the price of oil has reduced supply of all goods and services that use oil as an input.

- A tornado destroys factories and lowers supply levels throughout the economy.

Hope this helps!

Cam some plz make the journal of it?





I will mark it as a brainliest







Answers

Answer:

Hey will you marry me? serious question

what country leads the world in coconut production?

Answers

Answer:

Indonesia

Explanation:

Under the current managed float exchange rate regime; countries with surpluses in their balance of payments frequently do not want to see their currencies appreciate because it makes their goods ________ expensive abroad and foreign goods ________ in their countries.

Answers

The country will not want their currencies to appreciate because it makes their goods expensive abroad and foreign goods be cheaper in their countries.

The floating exchange rate system is a system where currency price on forex market is based on supply and demand of other currencies therein.

Countries with surpluses in their balance of payments usually have a favorable currency because they exports more than it imports.

Hence, the country will not want to see their currencies appreciate because it makes their goods expensive abroad and foreign goods be cheaper in their countries.

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A
requires property to be used as collateral.
A. unsecured loan
B. credit card
C. property loan
D. secured loan
SUBM

Answers

Answer:

D. secured loan

Explanation:

"A secured loan is a loan backed by collateral"

[A. unsecured loan is a loan that doesn't require any type of collateral.]

[B. credit card ...no]

[C. property loan is a secured loan that is sanctioned keeping an asset as mortgage with the lender.]

[D. secured loan is a loan that is backed by collateral]

A secured loan  requires property to be used as collateral. D. Secured Loan.

What are secured loan

A secured loan requires property or other assets to be used as collateral. If the borrower defaults on the loan, the lender has the right to seize the collateral to recoup their losses.

This reduces the risk for the lender, which can result in lower interest rates compared to unsecured loans. Examples of secured loans include mortgages and car loans.

Because the lender takes on more risk, these loans typically have higher interest rates. Personal loans and credit cards are examples of unsecured loans.

Option D is therefore correct

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What is a consumer product?

Answers

Answer:

sorry po talaga need po points

Answer:

Explanation:

Consumer goods are products bought for consumption by the average consumer. ... Clothing, food, and jewelry are all examples of consumer goods.

There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are on the platform daily?


a) 25,184,000
b) 31,740,000
c) 36,688,000
d) 42,044,000

Answers

Answer:

b. = 31,740,000

Explanation:

69,000,000 - 46% = 37260000

69,000,000 - 37260000 = 31,740,000

Given a GDP deflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP. (1 point)
O 6.5 billion dollars
O 9 billion dollars
09.36 billion dollars
O 6.6 billion dollars

Answers

Answer:

It's 6.5

Explanation:

7.8/(120/100)=6.5

A GDP is calculated as Nominal GDP is divided by the GDP deflator.

The calculation is shown below

$7.8 / $120

=0.065

The answer needs to be multiplied by 100

and therefore

0.065 * 100

= 6.5 billion dollars

The answer is 6.5 billion dollars.

What is GDP?

GDP stands for Gross Domestic Product of a country this represents total monetary value of goods and services produced in a country during a specified period of time.

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For each of the following statements regarding dividends, indicate whether it is true or false. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A. Cash and stock dividends reduce retained earnings.unanswered
B. Dividends payable is recorded at the time a cash dividend is declared.unanswered
C. The date of record is the date a cash dividend is paid to stockholders.unanswered
D. Stock dividends help keep the market price of stock affordable.unanswered

Answers

Dividends refers to the regular payments of profit made to stockholders who own part of the firm shares.

It is true that the cash and stock dividends reduce retained earnings

It is true that dividends payable is recorded at the time a cash dividend is declared.

It is false that date of record is the date a cash dividend is paid to stockholders.

It is true thato t the stock dividends help keep the market price of stock affordable.

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Consumer research aims at finding patters of customer usage.
True or false

Answers

Answer:

...True...

Explanation:

Consumer research aims at finding patters of customer usage.

The requirement for independent verification of a customer's identity when opening an account can be satisfied by examining a copy of the customer's: A birth certificate B driver's license C employer ID D latest federal tax return

Answers

Answer:

umm c I guess maybe hahhaha

From what you read in the Content, who is the college student that wanted to create
a tutoring app?
Vicky
Xavier
Isaiah
Lisa

Answers

Answer:

vicky..........................

a company that offers services for accessing and using the internet is

Answers

Answer:

An Internet service provider (ISP) is an organization that provides a myriad of services for accessing, using, or participating in the Internet.

Typically, certain employees of an organization get texts that update them on various IT activities. If there is a support ticket or downtime, they will receive texts to let them know about the activity. They have started to receive some messages via text instructing them to call the IT help desk at the provided number. When they call the help desk number, a recording asks them for their employee ID. Assuming that the IT department did not send those texts, which of the following social engineering attacks is this?

a. Smishing
b. Whaling
c. Spimming
d. Vishing

Answers

The text represents an example of the vishing social engineering attack.

Vishing is a term to refer to the fraudulent practice that consists of the use of the conventional telephone line and social engineering to deceive people and obtain sensitive information such as financial information or information useful for identity theft.

According to the above, it can be inferred that the described situation is an example of vishing because employees are forced to call a line where they ask for private information that could put them at risk of security.

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A limited partnership is an agreement between at least _____ general partner(s) and ______ limited partner(s).

Answers

It should be noted that a limited partnership is an agreement between at least one general partner and one limited partner.

A limited partnership can be regarded as a type of partnership that involves two or more partners entering into a business, even though there liability is amount of their investment.

However, there would be an agreement between them as regards the profits from the business.

We can conclude that limited partnership serves as an agreement that exist among at least one general partner as well as one limited partner.

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Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. Foreign and domestic merchandise may be moved into Foreign Trade Zones (unless prohibited by law), for activities such as storage, exhibition, assembly, manufacturing, and processing. True

Answers

There are different types of trade zones. Foreign and domestic merchandise may be moved into Foreign Trade Zones is a true statement.

Foreign-Trade Zones (FTZ) are known to be well secure regions under U.S. Customs and Border Protection (CBP) supervision that are known to be outside CBP territory and are considered outside the U.S. commerce.  

These Trade Zones are found in or near CBP ports of entry that are legalized by the Foreign Trade Zones Board.

Foreign and domestic goods can be transported into zones for work, may not be hindered by law. Theses including storage, exhibition, assembly, manufacturing etc.

It is known as a stated location in the United States where companies use special customs rules that help boast U.S. activity and value added services.

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What is the amount of money it costs to display or broadcast an advertisement called?

Answers

Cost per thousand (CPM)

Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period of time estimates the number of units to be manufactured to meet sales and inventory levels shows expected results at several activity levels begins by estimating the quantity of sales shows expected results at only one activity level 1. static budget 2. flexible budget 3. master budget 4. sales budget 5. production budget

Answers

1. Master budget: it is an integrated set of operating and financing budgets for a period of time.

2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.

3. Flexible budget: it shows expected results at several activity levels.

4. Sales budget: it begins by estimating the quantity of sales.

5. Static budget: it shows expected results at only one activity level.

A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.  

Basically, there are different types of budget and this include:

1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.

2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.

3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.

It is also referred to as variable budget and it's used both before and after a period's activities are completed.

4. Sales budget: it begins by estimating the quantity of sales.

Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.

5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.

A static budget is usually based on a predicted amount of sales or any other measure of activity.

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HELP!!!!!!!!!!!!!!!!!!! Is the sum of 3/5 and v13 a rational or Irrational number The Civil Rights Act of 1866 was significant becauseI. it meant that Congress rather than the President would determine ReconstructionpoliciesII. it showed President Andrew Johnson's unwillingness to accept the Radical Republican approach to ReconstructionIII. it was the first major piece of legislation that became law over a presidential vetoIV. it guaranteed that former slaves would control the state legislatures in the SouthA. III only B. I, II, and III onlyC. II and IV onlyD. I and III only Which state abolished slavery in its initial constitution?MassachusettsSouth CarolinaGeorgiaVirginia Write a one page summary of the life of Cornelius Vanderbilt. Which transition could represent an atom that emits a photon with 10.2 eVeV of energy? What is a if 5 to the power of a is 1/125 This answer is mashed potatoes right three different questions BEBEIt is believed the major reason for the decline in amphibian species isa. death through diseaseb. changing reproductive habitsmutationd. climate changeC.Please select the best answer from the choices provided If a city with a population of 500,000 doubles in size every 85 years, what will the populationbe 340 years from now? the ortiz will travel fron indianapolis to denver this summer.The driving distance between the two cities is 1058 miles. They need to find out about how much the gas will cost round trip. Their car gets about 20 miles per gallon. They usually spend about $2.89 per gallon. a write and solve an algebraic equation to find out how many miles they will travel. Explain your steps. b. Write and solve an algebraic equation to find out how many gallons of gas they will use. Explain your steps. c. Write and solve an algebraic equation to find out how much ortiz's will spend on gas round trip. Explain your steps. d. suppose you know the total cost of the gas, do not know the price pe gallon. Explain how you would work backward to solved the problem Expand ; 3(1-x/2)^2 The graph of an equation with a negative discriminant always has which characteristic? difference between data scientist, data analytics? answer the following question Chose any ONE state of matter and explain the space of the particles.Use a drawing to help explain. Que derivados del petrleo se utilizan en la fabricacin de materiales deportivos? Use the scale to help you solve the equation. 12*100 please do it im in a hurry A flower bed is in the shape of a triangle with one side twice the length of the shortest side, and the third side is 19 feet more than the length of the shortest side. Find the dimensions if the perimeter is 167 feet.PLS PLS HELP