A city recorded an asset impairment to a Public Works facility. Which of the following is correct concerning the recording of the amount of the asset impairment?
A. The General Fund would record a debit to Expenditures.
B. The General Fund would record a debit to Other Financing Uses—Loss due to Impairment.
C. The governmental activities accounts would record a debit to Loss due to Impairment.
D. The governmental activities accounts would record a debit to Expenses—Public Works.
Answers
The governmental activities accounts would record a debit to Loss due to Impairment concerning the recording of the amount of the asset impairment. THe correct answer is C.
What is asset impairment?An impairment happens when a company reduces the value of a goodwill, asset, or liability on its balance sheet. Impairment is frequently recorded when the estimated recoverable amount of a resource is lower than its book value. Impairment in accounting is the recognition of the diminution in the value of an intangible or tangible asset.
How to record asset impairment?Asset impairment occurs when an organization records a write-down in the value of an intangible or tangible asset on its financial records.
This entry lowers the value of the asset on the balance sheet and the organization's net income or earnings.
The following are the accounting entries:
To record the impairment, the following entry is made:
Debit: Loss due to Impairment
Credit: Tangible/Intangible Asset
Accounting policies and principles often state that the loss due to impairment must be recorded in the income statement as a separate line item rather than combining it with any other revenue or expenses.In conclusion, the correct option is C. The governmental activities accounts would record a debit to Loss due to Impairment.
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Related Questions
Which group would not agree to ratify the constitution without a document that protected people’s rights
Answers
Answer:
Many against the Constitution ( Anti-Federalists ) refused to ratify unless such individual rights were protected.
Explanation:
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write a short description about the costume of hindu
Answers
Answer:
Hindu men frequently wear short coats (angarkha), and the women wear a long scarf, or robe (sari), whereas typical Muslim attire for men and women is a long white cotton shirt (kurtah) and trousers (pāʾijamah).
Clothing in India is dependent upon the different ethnicity, geography, climate, and cultural traditions of the people of each region of India.
how did the great depression affect european immigrants?
Answers
Answer: The way people treated immigrants in the United States drastically got worse, and also a lot of deportations were done. Any European who wanted to come to America couldn't because they prioritized national security with the laws that they would make.
How do celebrations north and south of China’s Yangtze River differ?
Answers
Answer:
Generally speaking, the South is warmer and wetter in climate than the North of China. This is mainly because of the summer monsoons which move from southeast to northwest. Most of their moisture they leave behind before they can reach the above mentioned line.
Explanation:
Hyperinflation can occur when
A. consumers begin purchasing more goods.
B. producers need more money to make and distribute goods.
C. companies raise prices to pass on costs to consumers
D. the government prints a ton of money in order to pay off its debt.
Answers
Answer:
D. the government prints a ton of money in order to pay off its debt.
Explanation:
Hyperinflation is an economic situation whereby the a particular country experiences of inflation exceeds 50% projections in a particular month. For example, the cost of food shopping going from $500 per week to $1,125 per week the next month.
This leads to various consequences like people hording goods like foodstuffs, and the savings of individuals in banks becoming worthless due to loss of currency value. A typical example where hyperinflation occured is in Zimbabwe country.
5. Why did some English settles bring enslaved Africans to the Southern Colonies in
the 1600s?
Answers
Answer:
The Southern Colonies had plenty of land for growing tobacco, but not enough workers.
Explanation:
1. Which statement best describes Hernando
de Soto's contributions to Louisiana?
a. He drew up the state's earliest
boundaries.
b. He was the first European to explore
the region.
C. He established the fort at
Natchitoches.
d. He helped map the area around New
Orleans.
a,b,c,or d
Answers
Answer:
b
Explanation: He was the first European to explore the region
In military aviation, a “squadron” is:
A. An aerial unit consisting of two or more flights of aircraft and the personnel required to fly them.
B. All of the pilots at a location who fly the same type of vehicle.
C. Any aerial vehicle that actively engages in a combat operation.
D. All aerial vehicles at a location that are currently under maintenance, including being refueled
Answers
Answer:
A. An aerial unit consisting of two or more flights of aircraft and the personnel required to fly them.
What’s the answer for this problem
Answers
The conclusion that can be made from the population pyramid of New Zealand is B. The country will be shrinking at a slow rate.
Why will the population of New Zealand shrink at a slow rate ?New Zealand has experienced a decline in birth rates over the past few decades. This means that there are fewer babies being born each year, which will eventually result in a smaller overall population.
New Zealand has an aging population, with a significant proportion of the population reaching retirement age. This means that there will be more people leaving the workforce than entering it, which can have implications for economic growth and development. This is shown in the population pyramid.
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"the
automatic (system 1) thinking mode is ____ while the deliberate
(system 2) thinking mode is ______
Answers
The automatic (system 1) thinking mode is intuitive while the deliberate (system 2) thinking mode is reflective.
What is thinking?
Thinking refers to the processes that activate, manipulate, transform, and evaluate information in the brain. It occurs when we engage with the world, consider what we know and don’t know, evaluate evidence, and make decisions.
What is System 1 thinking?
System 1 thinking is frequently referred to as automatic thinking. It’s fast and intuitive. It occurs without the need for much effort or attention. It’s always active and seeking meaning in the world around us. System 1 thinking is responsible for our instant judgments, snap decisions, and automatic processes.
What is System 2 thinking?
System 2 thinking is referred to as deliberate thinking. It’s analytical, reflective, and requires more mental effort than System 1. System 2 thinking requires concentration, mental effort, and time. It’s required when we need to consider, deliberate, reason, analyze, or make conscious decisions about complex issues. System 2 thinking is responsible for our ability to reason logically, think critically, and learn new information.
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diff between national and regional government
Answers
Answer:
There are many difference between National government and Regional government.
Explanation:
National government is the political authority that are controls a hole nation.National government is requires a national army power and maintain the Foreign ministry.National government to provide and set the foreign policy and ability to the collect tax in country.National government can be two type there are :- Unitary and Federal government.National government responsible internal and external security.Regional government is a state government or a union territory in case of country.Regional government is a requires a police force in the state and maintain state ministry.Regional government to provide the safety to the public on state government.Regional government is to the control and power of state, and order to the maintain law.Which of the following systems of government allows citizens to hold only one form of political opinion?
A.
a parliamentary republic
B.
a single-party government
C.
a presidential republic
D.
a constitutional monarch
Answers
Answer: B
Explanation: A single party government
Which of the following best describes the advancements of the New Stone Age?
a. using tools
c. using seeds to grow crops,
b. gathering food
d. using fire to cook food
Please select the best answer from the choices provided
Answers
Answer:
A
Explanation:
that was the main development in the stone age
hope this helps❤
Answer:
a. using tools
Explanation:
I don't think I know cause I just did the quiz on edg and I got it right!
Did the Haitian Revolution lead to a social or cultural change? How/Why?
Did the North American Revolution lead to a social or cultural change? How/Why?
Did the Latin American Revolution lead to a social or cultural change? How/Why?
Did the French Revolution lead to a social or cultural change? How/Why?
Answers
The Haitian Revolution, the North American Revolution, the Latin American Revolution, and the French Revolution all led to significant social and cultural changes.
The Haitian Revolution, which took place in the late 18th and early 19th centuries, was the first and only successful slave revolt in modern history. It resulted in the establishment of Haiti as an independent nation and the abolition of slavery on the island. The Haitian Revolution had a major impact on social and cultural dynamics in the region and beyond, as it challenged long-held beliefs about race, slavery, and the power dynamics between colonizers and colonized peoples.
The North American Revolution, also known as the American Revolutionary War, took place in the late 18th century and resulted in the 13 British colonies in North America gaining independence from Britain. The Revolution had a major impact on the social and cultural development of the United States, as it established a new nation with a democratic government and set the stage for the country's growth and expansion in the centuries that followed.
The Latin American Revolution refers to a series of revolutions and independence movements that took place in the early 19th century, resulting in the liberation of several Latin American countries from Spanish rule. The Revolution had a significant impact on social and cultural dynamics in the region, as it led to the establishment of new nations with their own unique identities and cultures.
The French Revolution took place in the late 18th century and was a major turning point in French history. It resulted in the overthrow of the monarchy, the establishment of a democratic government, and significant social and cultural changes, including the abolition of feudalism and the introduction of new ideas about citizenship and individual rights. The French Revolution had a major impact on European and global politics and had lasting effects on the social and cultural fabric of France and beyond.
The North American Revolution (1775-1783), also known as the American Revolution, also led to significant social and cultural changes in the United States. Prior to the revolution, the American colonies were ruled by Great Britain and were subject to British laws and policies. The revolution resulted in the establishment of the United States as an independent nation and the adoption of a new constitution, which established a new system of government and set of values. This marked a significant shift in the social and cultural landscape of the United States and shaped the country's identity and sense of national identity.
The Latin American Revolution (1808-1826), which was a series of wars and conflicts that led to the independence of several countries in Latin America from Spain, also had a significant impact on the social and cultural landscape of the region. The revolution resulted in the establishment of several new nations and the adoption of new constitutions and systems of government. It also contributed to the emergence of new cultural identities and a sense of national pride in the newly independent countries.
The French Revolution (1789-1799) also led to significant social and cultural changes in France. Prior to the revolution, France was a monarchy with a rigid social hierarchy and a system of privilege. The revolution resulted in the abolition of the monarchy, the adoption of a new constitution, and the establishment of a new system of government based on the principles of liberty, equality, and fraternity. This marked a significant shift in the social and cultural landscape of France and had a lasting impact on the country's identity and sense of national pride.
why is it impossible to reinterpret or redefine marriage
Answers
Marriage is not conceivable because of its importance to society and the need to value and cherish it.
The act of making a relationship between two people public, legal, and long-term is called marriage. It involves the merging of two individuals in a bond that, while ostensibly lasting until death, is frequently cut short by divorce or separation. Many people find enormous delight in marriage, but it also comes with challenges—often serious ones. Often, how a couple handles them affects whether or not their relationship lasts. While keeping in mind that trying to change a spouse typically fails unless the individual also wants to change, maintaining long-term connection may need one or both spouses to give up mistaken beliefs or dysfunctional patterns that they themselves possess.
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Which is an example of secondary source
A. News film
B. A diary
C. A magazine
D. A speech
Answers
Diary
Explanation:
You get information and, and write it down in a diary.
Answer:
C. A magazine
Explanation:
A news film could be fake and it is probaly a primary resource, a diary is a first hand perspective because you excpeirienced it, and a speech is either a opinion or facts. A magazine is a professional writer that does it but only puts in facts in it.
give two reasons why high quality agricultural products are important for CARICOM countries
Answers
Answer:
CARICOM countries rely on agriculture for their economies, without high powered tools they couldn't compete
Explanation:
redit 2019-2020
What Is Learning?
Journal Active
Prompt
Using your own life experience, can you provide examples of environmentally influenced learned behaviors ?
Answers
Learning is the process of acquiring knowledge, skills, values, attitudes, and behaviors through experience, study, or instruction. It involves the development of mental processes and physical abilities that enable individuals to adapt to their environment and achieve their goals.
In my own life experience, I have observed several environmentally influenced learned behaviors. For instance, I grew up in a household where recycling was a daily habit. As a child, I learned the importance of conserving resources, reducing waste, and protecting the environment. This behavior was reinforced by my parents and teachers, who taught me about the impact of human activity on the natural world. Another example is my diet. Growing up, I was exposed to a variety of foods and cuisines from different cultures. This exposure helped me develop a diverse palate and appreciate the value of healthy eating habits. I learned to enjoy vegetables, fruits, and whole grains, and to avoid processed foods and sugary drinks. I have also learned to conserve energy and reduce my carbon footprint. Through my education and personal experiences, I have become aware of the impact of energy consumption on the environment. I have learned to turn off lights and appliances when not in use, use public transportation, and choose energy-efficient products.
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What caused the earliest disagreement between groups that would become Shia and Sunni Muslims
Answers
Answer:
Though the two main sects within Islam, Sunni and Shia, agree on most of the fundamental beliefs and practices of Islam, a bitter split between the two goes back some 14 centuries. The divide originated with a dispute over who should succeed the Prophet Muhammad as leader of the Islamic faith he introduced
this essay was published in 1788 in response to an article that argued against the ratification of the U.S Constitution
He tells you that the President...
Answers
The essay you are referring to, published in 1788 in response to an article that argued against the ratification of the U.S. Constitution, is Federalist No. 70, written by Alexander Hamilton. In this essay, Hamilton argues in favor of a strong, energetic executive branch led by a single President.
Federalist No. 70 is a part of the Federalist Papers, a series of 85 essays written by Hamilton, James Madison, and John Jay, which aimed to promote the ratification of the United States Constitution. In this particular essay, Hamilton counters the anti-Federalist argument that a single executive would lead to tyranny, by emphasizing the need for unity, energy, and accountability in the executive branch. He argues that a single President would provide a more efficient government, as it prevents disagreements and delays that could occur in a multi-member executive body.
Hamilton also points out the importance of a single President in times of crisis and emergencies, as well as their role in maintaining national security. Moreover, he contends that a single executive would be more easily held accountable for their actions, as it would be harder to shift blame or hide misconduct among multiple leaders.
In conclusion, Federalist No. 70 by Alexander Hamilton defends the establishment of a single President within the U.S. Constitution, arguing that such a structure would lead to a more efficient, united, and accountable government.
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How can pasture be managed for sheep and goats? Write.
Answers
Hope this helps!
state five ways of reducing population growth rate
Answers
Answer:
Empower women. Studies show that women with access to reproductive health services find it easier to break out of poverty, while those who work are more likely to use birth control. ... Promote family planning. ... Make education entertaining. ... Government incentives. ... One-child legislation.Explanation:
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betty is lonely and thinks a talking parrot is the answer. she goes to premium pet, a local pet shop, and enquires about their talking parrots. the salesperson directs her to rick, a south american parrot. the salesperson seems to remember hearing rick speak and genuinely believes the parrot can speak and tells betty so, but in fact rick cannot speak a word. betty buys rick but after several weeks, rick has not spoken and betty returns him to premium pet and demands her money back. can she get it?
Answers
Yes, there was a mutual mistake. The two parties merely committed a factual error, rendering their agreement null and unenforceable, and the salesperson wasn't trying to lead Betty in any way.
Who is a Salesperson?A salesperson is someone whose primary responsibility is to close deals on products or services. When describing their job, a salesperson frequently uses the phrase "working in sales," where "working in sales" denotes the occupation, department, or division.
A salesperson could work directly with clients or with other businesses or groups. Salespeople occasionally carry out in-person transactions, as those at a dealership or retail store. They also regularly do sales online or over the phone. Certain salespeople used to frequently go to clients' homes to close deals in the past.
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A Commander in the Navy is designated what boat flagstaff insignia?
Answers
A Commander in the Navy is designated Star boat flagstaff insignia.
Boat flagstaffs of commanders and officers of similar rank feature a star finial. In the Regulations for the Government of the Navy of 1876, it was first decided to use the star for this purpose. The Navy maintains, trains, and provides fighting naval troops capable of fighting wars, repelling invasions, and maintaining maritime independence. They are also aware that the navy will be involved in illegal activities.
The Chief of Naval Operations is in charge of making sure that the rules for the US Fleet are up to date with what the navy actually needs. This means that all decisions regarding protection will be made by him.
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a study of athletes at the 1992 olympics found that: group of answer choices bronze medal winners smiled the least during the medal ceremony. those who did not win medals had higher levels of self-esteem than did those who won medals. those who did not win medals had lower levels of self-esteem than did those who won medals. silver medal winners smiled the least during the medal ceremony.
Answers
Olympic gold, silver, and bronze medals are given out for first, second, and third place, respectively.
A bronze medal is a trophy given to the third-place finisher in contests or competitions like the Olympic Games, Commonwealth Games, etc. in sports and other comparable fields involving competition. A gold medal and a silver medal are awarded for first and second place, respectively.
The most easily imaginable counterfactual, or alternative result, for the silver medalists was winning the gold; in contrast, the most imaginable alternative for the bronze medalists was not medaling at all, according to Medvec and the other researchers. This, they claimed, explains why bronze medalists seem happier than second-place finishers.
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After a recent rainy season, a number of the communities in a western state suffered flooding and mudslides. A study commissioned by the state legislature determined that the extensive removal of a certain plant from hillsides within the state contributed significantly to the flooding and mudslides. The plant had an extensive root system that helped hold hillside soil in place, and it was being rapidly removed because its roots had recently gained national favor as a powerful herbal remedy. As a result, the legislature passed a statute prohibiting the removal of more than 50% of such plants from any hillside within the state. A landowner within the state challenged the statute under the Takings Clause of the Fifth Amendment, alleging that he had regularly harvested substantially more than 50% of the plants from his property and needed to do the same this year to meet the demand for the root. Is he likely to prevail in his challenge?
Answers
Answer:
Explanation:
The fift amendment is a law put in place by the united states it includes a due process clause and it statesthat no person shall "be deprived of life, liberty, or property, without due process of law.
The landowner can prevail going by the rule of law he has the right to make his intention known about his plant because it is his source of livelihood and the law says no one should be deprived of it.
He will prevail with the challenge because law was already made and going by it gives him more confident that he is not going wrong because rules, laws are to be followed to guide our actions and in-actions.
50 +30 written as a product of two factors
Answers
Answer:
Explanation:
-5(x+6)
which three components of fitness should a couch potato consider developing
Answers
Muscle Hight cool factor
Answer:
Getting off the couch
Explanation:
eating more
Which condition is usually associated with low air pressure systems?
cloudy, wet weather
hot, dry weather
cold, dry weather
clear, dry weather
Answers
Answer:
Clear, dry weather
Explanation:
Its usually considered as low air pressure
the answer is D. clear, dry weather
How many miles long is Sudan
Answers
Answer:
Sudan is 966,710 square miles
Explanation: