What will be the adjustment, Accounting Basics

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What will be the adjustment

The City of Charlotte levied property taxes in 2009 in the amount of $10 million. It is estimated that 2% will be uncollectible. During 2009, $9,000,000 was collected and it is anticipated that $400,000 will be collected during the next 60 days. When moving from the changes in fund balances in the Statement of Revenues, Expenditures and Changes in Fund Balances to the changes in net assets in the Statement of Activities, what will be the adjustment?

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Accounting Basics: What will be the adjustment

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Accounting Basics: What will be the adjustment

Reference No:- TGS081765

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What would be the amount that would be shown as a transfer

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What will be the adjustment

Reference No:- TGS081765

Recent Questions Asked Accounting Basics

Q : What would be the amount that would be shown as a transfer

Q : Physical security simulation

Q : Debt service activities in government-wide statements

Q : The gram standard and see only purple cells

Q : What will be the adjustment

Q : Lecture on simulation, and on self-similarity

Q : Animal cell structures and functions

Q : Rewrite the merge procedure so that it does not use infinity

Q : Why is lp so important in decision making

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