The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. On may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. The state will provide reimbursement for allowable expenditures. On may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. During the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. Reimbursement was received from the state on december 13.

Answer and Explanation:

The journal entries are shown below:

For May 1

No Entry Required as eligibility should be completed before recognition.  

For May 5

Cash $200,000

      To Inter fund Loans Payable-Current $200,000

(Being cash is recorded)

During the year

Expenditure $165,000  

       To Voucher Payable $165,000

(being expenditure is recorded)

Due from State Government $165,000  

        To Revenues  $165,000

(Being revenue is recorded)

On Dec 13

Cash $165,000  

  To Due from State Government $165,000

(being cash is recorded)

On Dec 31

Revenues $1165,000  

    To Expenditure $165,000

(being closing entry is recorded)

And other entries are not added as the balance of $35,000 is not fulfilled the eligibility

Why are slide presentations universal in business environments?
A. Because the software is free and easy to obtain
B. Because of their compatibility with media and sound
C. Because they are easy to use and can accommodate all varieties
of information
D. Because they are extremely easy to share with your friends and
family members
SUBMIT

Diseconomies of scale means that a company is too small to purchase in bulk and is unable to lower costs.

True
False

Is cereal soup or no?

Comparing traditional view of the cost of variability and Taguchi's view of cost of variability,

a)Both views are about the same.

b)Traditional view holds that as long as the product is within specification, there is no difference.

C)Taguchi's view holds that closer to the midpoint of specifications better it is.

d)B and C are true.

e)None of the above.

who wanan be mark as brainiest

A text box with entry "My duties included reviewing purchasing trends, analyzing customer data, and preparing annual trend reports." What changes should be made to the above statement, located within a resume, to make it a more effective and powerful sounding qualification?

Which TCF checking account fee is the most expensive?

State two reasons why people work

Which form of marketing do firms employ when they target a segment of customers who already use the kind of products they offer? When firms target a segment of customers who already use the kind of products they offer, they exhibit ______ marketing.

There is no gain in mechanical advantage in a single fixed pulley . explain why the pulley is then used​.

List the elements of the implied warranty of merchantability and provide an example of a sale of goods that includes this warranty, and how it could be breached.

I have a question. How do you deal with the pain, of knowing you cant date your crush, who you have liked for 1 and a half years, and knowing that her dad is the reason why. How should i deal with it cause i cant seem to get past it.

Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Librarians? Check all that apply.

speaking
equipment selection
reading comprehension
operation and control
active listening
writing

Which loan created a habit where the borrower kept coming back to request an extension?

Tell me ten different things a person would need a credit score for? WILL MARK BRAINLIEST DUE TODAY PLEASE HELP 50 POINTS

If Yolanda wishes to understand her coworkers more deeply, she should study their ______.

a. Body language

b. Family tree

c. TV viewing habits

d. Clothes

This is for career planning, there’s not a category for it.

Miguel is looking to own a small piece of several companies as an investment. He wants to take some of his extra cash and purchase shares of some technology companies. Which type of financial business will MOST LIKELY meet his needs?

A container when 3/8 full,holds 15 litres of oil.How many litres of oil would be needed to fill 5 similar containers?​

Read the sentence.

Because of the presence of many _[blank]_, California is a leader in entrepreneurship and innovation.

Which best completes the sentence?

A)court battles
B)wealthy investors
C)hardships
D)frontier people

Lee is preparing a presentation about the terrestrial planets. He creates the table below using the Drag option.

A 3 column table with 4 rows. Column 1 is labeled Planet with entries Mercury, Venus, Earth, Mars. Column 2 is labeled Mass (10 Superscript 24 Baseline kilograms) with 4 blank entries. Column 3 is labeled Diameter in kilometers with 4 blank entries.

Over how many squares did Lee drag his cursor horizontally to create the table?

Over how many squares did Lee drag his cursor vertically to create the table?

Third-grade teacher Ms. Lena has implemented a system of offering Reading Rug time to students who line up at the door properly and promptly when asked. To her dismay, she notes that those students who have in the past always lined up without incident now dawdle and chat until plied with Reading Rug points. Ms. Lena is witnessing: Self-efficacy Growth needs Overjustification effect Maslow's Hierarchy

neeeeed heeellllpppp!!!!!!!!!!!

Adidas America Inc. v. Payless Shoesource Inc.
Sneaker giant Adidas once went to war with discount shoe chain Payless, and the conflict was all due to stripes. Adidas has used three stripes on its shoes since 1952, and has registered the pattern as its trademark. But during the 1990s, Payless began selling athletic shoes with a similar look. Some of their sneakers had two parallel lines and others had four. The two companies met and reached an agreement. Payless would stop selling its shoes. However, Payless brought back its striped shoes in 2001, which went against the settlement. So Adidas America Inc. took them to court. The jury trial lasted seven years. During the course of it, 268 pairs of sneakers were examined. By the end, the jury determined that Payless owed Adidas $305 million. Wall Street Journal’s Law Blog declared that was $100 million for each stripe.

Why is this case an example of trademark violation?
A) Payless made sneakers with a pattern that is similar to the Adidas logo
B) Payless hired a designer from Adidas to create sneakers for them,
C) Payless used the Adidas logo in its TV commercials and print ads
D) Payless made running shoes based on the style and design of an adidas sneaker.

Uno dos one two e r
Chicken nuggets.

State whether each of the following is an asset or a liability. a. Loan from Muthoot Finance b. Prepaid Insurance c. Amount owing to supplier d. Accrued wages​

Which of the following can help consumers with excessive debt negotiate with lenders to reduce interest rates and fees?

a
Bankruptcy lawyer

b
Credit counseling service

c
Federal Trade Commission

d
Financial Protection Bureau

Drew a bill upon Raman amounting to Rs 25000 and he accepted the bill.
Journal entry​

Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?
A. Telephone expense is debited $82; accounts payable is credited $82.
B. Telephone expense is debited $82; cash is credited $82.
C. Telephone expense is debited $82; accounts payable is debited $82.
D. Telephone expense is credited $82; accounts payable is debited $82.

A man walks around a circular park 4 times in 12 minutes. The radius of the park is 49m. Find the speed of the man in km/h.​

13. The markets for laundry detergents, soft drinks and automobiles are dominated by a few
sellers. Economists would classify these markets as examples of:
a. Monopolistic competition
b. Perfect competition
C. Oligopolies
d. Monopolies