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sasho [114]
2 years ago
9

A government defeased in substance $5,000,000 of outstanding general obligation bonds several years prior to their maturity. The

government paid $6,000,000 into an irrevocable trust to accomplish the defeasance in substance. The payment included $3,000,000 of proceeds from new bonds issued that were to provide resources for the bond defeasance. The other $3,000,000 had been accumulated over previous years from taxes and interest earnings in the Debt Service Fund. The government should report the payment in its Debt Service Fund as?
Social Studies
1 answer:
notka56 [123]2 years ago
8 0

Answer:

The government should report the payment in its Debt Service Fund as:

Other financing use of $3,000,000 and expenditure of $3,000,000

Explanation:

Because the resources of $6 million for defeased in substance in bond balance sheets must be set aside offset thus if the resources come from 2 different entries should be net off in 2 different entries.

Thus $3 million of proceeds from new bonds is expenditure while another $3 million  accumulated over previous years from taxes and interest earnings is other financing use.

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After understanding the problem you are trying to research about, also called the research problem, the next step towards finding past research studies related to your paper is to develop a start list. This is a list of themes and categories that are directly derived from the problem of your research and you wish to use them to begin gathering information and materials for your research paper.

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2 years ago
What is most characteristic of a correlational study?
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Explanation:

Correlational study is perform there are three types (1) positive correlational (2)negative correlational (3) no correlational.

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6 0
1 year ago
The _____ approach is an evidence-based method that draws on observation and experimentation. Please type the correct answer in
notka56 [123]

Answer:

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Explanation:

Empirical analysis is a type of analysis which uses an evidence-based approach to study and the interpretation of the information. Empirical approach relies on the real-world data and results rather than the theories and the concepts.  

Empirical analysis is so much integral to scientific method and is a approach which is used to study the subjects through the quantified observations of the empirical evidence.

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Alexis Ohanian is the founder of social networking website. In his TED talk from 2009, Alexis Ohanian talks about the power of the Internet with the help of memes and their promotion. He discusses what it takes to make memes work for you. Ohanian tells the story about users named a Greenpeace whale avatar “Mister Splashy Pants.”  Greenpeace found a marketing campaign in the process. This campaign had an effect which in the end Japanese government drew back from the hunting of humpback whales.

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A reason not to view prostitution as simply a matter of personal choice involving adults is that
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