During the fiscal year ended december 31, 2015, the highland city general fund contributed $60 million to a defined benefit pension plan for its employees. on february 27, 2016, highland made an additional $3 million contribution related to the 2015 pension contribution requirements. the actuarially determined contribution requirement for 2015 is $65 million. the amount of pension expenditure recognized by highland city general fund for 2015 should be:

At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?

rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4