Net capital assets in the governmental accounts, Accounting Basics

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Net capital assets in the governmental accounts

Weaver city signed a contract in the amount of 6000000 for the construction of a new city hall. Expenditures were 4000000 in 2011 and 2050000 in 2012 which included a change to the original construction design in the amount of 50000. what amount should be added to net capital assets in the governmental accounts in 2012?

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Accounting Basics: Net capital assets in the governmental accounts

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Accounting Basics: Net capital assets in the governmental accounts

Reference No:- TGS073949

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Prepare the stockholders equity section problem

Q : Allowance for doubtful accounts fundamentals

Q : Invoice within the discount period

Q : What other factors should premium consider

Q : Net capital assets in the governmental accounts

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Q : Procedures performed before the balance sheet date

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Net capital assets in the governmental accounts

Reference No:- TGS073949

Recent Questions Asked Accounting Basics

Q : Prepare the stockholders equity section problem

Q : Allowance for doubtful accounts fundamentals

Q : Invoice within the discount period

Q : What other factors should premium consider

Q : Net capital assets in the governmental accounts

Q : Local distributor of imported foods and spices

Q : Procedures performed before the balance sheet date

Q : Uditor performs a test to verify all merchandise received

Q : Under the cost principle-the cost of land

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