Kew City received a $15,000,000 federal grant to finance the construction of a center for rehabilitation of drug addicts. The proceeds of this grant should be accounted for in the:
A. Trust funds.
B. Capital projects funds.
C. Special revenue funds.
D. General fund.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Kew City received a $15,000,000 federal grant to finance the construction of a center for rehabilitation of drug addicts. The proceeds of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Dewayne sold a space heater to Vivian, telling her it would heat a 200-square-foot area, even though he knew it would effectively heat only about one third of that space. Dewayne is liable for the intentional tort of fraud. a) true b) false
Answers (1)
Rowdy's Restaurants Cash Flow ($ in millions) Cash received from: Customers $ 1,800 Interest on investments 200 Sale of land 100 Sale of Rowdy's common stock 600 Issuance of debt securities 2,000 Cash paid for: Interest on debt $ 300 Income tax 80
Answers (1)
Noncontrolling interest Is reported as a separate item below net income or loss. a. Is shown in a separate section of the income statement after continuing operations but before discontinued operations net of tax. b.
Answers (1)
Morgan Pharmaceutical spends $50,000 this year in research and development for a new drug to cure liver damage. By the end of the year, management feels confident that the new drug will gain FDA approval and lead to higher future sales.
Answers (1)
A price ceiling is binding when it is set a. above the equilibrium price, causing a shortage. b. below the equilibrium price, causing a surplus. c. above the equilibrium price, causing a surplus.
Answers (1)
New Questions in Business
Culture is important in communication because a competent speaker ... A. tries to be sensitive to all cultures represented B. is knowledgeable about every culture C. avoids cultural topics D. defends his/her own culture
Answers (1)
Bancroft & Morrison Inc., as an organization, believes that it should always be prepared for the future.
Answers (1)
In Year 1, Costello Company performed work for a customer and billed the customer $14,000. In Year 2, the customer pays Costello Company for the services it rendered in Year 1.
Answers (1)
What is the difference between a business model and an ebusiness model? Multiple Choice An ebusiness model details how a company creates, delivers, and generates revenue;
Answers (1)
How accurately do gdp statistics portray the economy and why?
Answers (1)