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does a credit balance in the fund balance account s at the end of the year necessarily mean the fund has sufficient
for a general fund or a special revenue fund what does a credit balance in the fund balance accounts at the end of the
which financial statements or schedules must be prepared for general
give examples of liabilities that must be accrued under the modified accrual basis of accounting and explain why those
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give an example of a revenue source that when the modified accrual basis of accounting is used can be accrued before
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what are the two steps that a company must complete for an uncertain tax
what are some similarities and differences between a general fund and a special revenue
the general fund is defined as the fund used to account for all financial resources not accounted for in another fund
if a company believes that it is more likely than not to have future taxable income against which it can use its
the following budgetary events occurred in marilyn county during calendar year 20131 the legislature approved the
prepare the revenues and expenditures subsidiary ledgers for the 2013 events and transactions of lawton city listed in
frankfort company identifies depreciation as the only difference for future taxable amounts in year 1 its depreciation
the events and transactions listed below took place in the general fund of lawton city during fiscal 2013 prepare the
refer to re19-1 assume that frankforts taxable income for year 1 is 300000 prepare the journal entry to record
in the current year madison corporation had 50000 of taxable income at a tax rate of 25 during the year madison began
prepare journal entries to record the following transactions and events applicable to the calendar year 2013 operations
turnip company purchased an asset at a cost of 10000 with a ten year life during the current year the company uses
carrot company has been profitable in the past and expects to remain profitable in the future carrot sells a product
a city adopted the following budget for its general fund for 2013 prepare the journal entry to record the