A government has the following liabilities at the end of the year: General obligation bonds Compensated absences Salaries payable $1,500,00 120,000 40,000 What amount of liabilities should be reported in the governmental activities column of the government-wide statement of net position

What should be reported is $1660000

Explanation:

Solution

Given that:

Thus

General obligation bonds=$1,500000

Compensated absences=$120,000

Total liabilities in the governmental activities column=$1660000

Therefore, the amount $1660000 should be reported in the governmental activities column of the government-wide statement of net position.

i think the answer is a. dependable person

i hope this is right!

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%