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Essay

Capital Assets

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Issue:

Business

 

Written by:

Jose M

 

Date added:

October 23, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 357

 

Was viewed:

2758 times

 

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Essay content:

Due from Clerk’s office 2,500 Operating Revenues 2,500 To record billing to other departments 6. Operating Expenses 9,000 Cash 9,000 To record various operating expenses 7. Depreciation Expenses 2,400 Accumulated Depreciation 2,400 To record depreciation expenses Chapter 10 Question #1: Permanent funds are used to account for nonexpendable resources that must be used in support of the reporting government’s own programs...
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Permanent funds support government-owned museums; provide for perpetual care of public cemeteries; supplement the compensation of public university faculty; provide student financial aid; and fund research at government-owned hospitals. Permanent funds are classified as governmental funds. Fuduciary funds are used to account for resources held in a trustee capacity for parties other than the government itself...
displayed 300 characters

General issues of this essay:
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