For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries. a. The budget was formally adopted, providing for estimated revenues of $1,075,000 and appropriations of $1,005,000.
b. Revenues were received, all in cash, in the amount of $1,018,000.
c. Purchase orders were issued in the amount of $485,000. Of the $485,000 in (c), purchase orders were filled in the amount of $478,500; the invoice amount was $477,000 (not yet paid).
d. Expenditures for payroll not encumbered amounted to $517,000 (not yet paid).
e. Amounts from (d) and (e) are paid in cash

In addition to having a bachelor's degree in accounting, a certification will increase a tax accountant's job opportunities and allow them to file reports with the

Which of the following is not an example of one of the four mail advantages of prices on a free market economy

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.