subject
Business, 30.03.2020 21:48 oliviaicono14

Ledford County issued $2,000,000 of general obligation bonds for the construction of a new recreation center. The bonds were sold at a 1% discount and the county incurred $150,000 in underwriter's fees, both of which were withheld from the settlement proceeds. The journal entry required in the Capital Projects Fund for the issuance of the bonds would be Cash Other Financing Sources $2,000,000 $2,000,000 Cash Other Financing Sources $1,830,000 $1,830,000 Cash Expenditures Other Financing Sources – Bonds Other Financing Sources – Discount $1,850,000 150,000 $1,980,000 20,000 Cash Expenditures – Underwriter Fees Other Financing Uses – Discount Other Financing Sources – Bonds $1,830,000 150,000 20,000 $2,000,000

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 01:20
Which resource management task includes activating local resource requirements, if available? a. track and report b. mobilize c. order and acquire d. reimburse and restock
Answers: 1
question
Business, 23.06.2019 14:30
Accounting! will give five star the bixby co. had the following transactions involving the purchase of merchandise. prepare the necessary general journal entries. any applicable freight costs are prepaid by the seller. the perpetual inventory method is in use. june 16 purchased merchandise having a price of 6,000 from the shelby manufacturing co. on account with credit terms 2/10, n/30. transportation terms fob destination. june 16 purchased merchandise having a price of 9,000 from the ajax supply house on account with credit terms 2/10, n/30. transportation terms fob shipping point. the freight costs were 175. june 17 received the goods from shelby june 17 received the goods from ajax june 20 returned for credit merchandise with an invoice price of 800 to ajax june 25 paid shelby the amount owed june 28 paid ajax the amount owed june 30 returned for cash, merchandise with an invoice price of 400 to shelby questions: prepare the necessary general journal entry for june 16, purchased merchandise having a price of 6000 from shelby manufacturing co prepare the necessary general journal entry for june 17, received goods from shelby merchandise inventory 6000 prepare the necessary general journal entry for june 25 prepare the necessary general journal entry for june 28
Answers: 3
question
Business, 23.06.2019 20:00
Problem 9–7 preparing financial statements the general ledger accounts and balances for kits & pups grooming follow.
Answers: 2
question
Business, 23.06.2019 21:50
Michigan co. is currently paying a dividend of $2.00 per share. the dividends are expected to grow at 20% per year for the next four years and then grow 6% per year thereafter. calculate the expected dividend in year 5.
Answers: 1
You know the right answer?
Ledford County issued $2,000,000 of general obligation bonds for the construction of a new recreatio...
Questions
question
Mathematics, 24.06.2019 18:10
question
Social Studies, 24.06.2019 18:10
question
English, 24.06.2019 18:10
Questions on the website: 13722362