Entries by Munene david

Question:1) Sally sold her car, bought July 13, 2013 at $25,000.00,

Question:<br/>1) Sally sold her car, bought July 13, 2013 at $25,000.00, sold on Craigslist October 1st of last year 2017, for $9,000 2) Sally sold her fishing boat, for which she paid $3,000 on July 1, 2013, for $4,000 on November 1st of last year 2017 Should I report these as sales of business property […]

 

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Since the risk of future loss is less for the government

Since the risk of future loss is less for the government on defined contribution plans, logic would suggest that most governments might have or move to defined contribution plans. Is that usually the case   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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True or False. If City Hospital, a non-profit,

True or False. If City Hospital, a non-profit, has $100,000 that was restricted (by a contribution) for construction, then the amount was used, in the income statement, an amount would include $100,000 decrease in net assets with donor restrictions.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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True or False. City Hospital receives $10,000 worth audit services

True or False. City Hospital receives $10,000 worth audit services from an accounting firm at no cost. The first would normally charge $10,000. City Hospital should record a cost and revenue for the donated services.   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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