The town of conway opened a solid waste landfill several years ago that is now filled to capacity. the city initially anticipated closure costs of $2 million. these costs were not expected to be incurred until the landfill is closed. what is the final journal entry to record these costs assuming the estimated $2 million closure costs were properly recorded and the landfill is accounted for in an enterprise fund?

a)

expense—landfill closure

2,000,000

landfill closure liability

2,000,000

b)

landfill closure liability

2,000,000

expense—landfill closure

2,000,000

c)

expense—landfill closure

2,000,000

cash

2,000,000

d)

landfill closure liability

2,000,000

cash

2,000,000

e)

expenditure- landfill closure

2,000,000

cash

2,000,000

entry a.

entry b.

entry c.

entry d.

entry e.

Option D

Landfill Closure Liability  2,000,000

Cash  2 ,000,000

Explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

answer; empowerment and collaboration;