Examlex
Culver City recognized as revenues/expenditures those amounts collected/paid during the year or within 60 days of fiscal year-end.The City offers a pension benefit to its employees who meet certain age and years of employment criteria.The City participates in the State Pension Plan.The City's actuarially determined contribution to the State Pension Plan for the fiscal year ended 6/30/00 is $4 million.Due to cash inflow shortages the City, which budgeted $4 million for pension payments paid only $3 million in the fiscal year ended 6/30/00.The City made the final payment September 30, 2000.Assuming the City maintains its books and records in a manner that facilitates the preparation of the fund financial statements, what is the appropriate entry to record the pension payments and recognize any associated liability?
Defense of Others
A legal justification for using reasonable force to protect another person from harm or danger.
Deadly Force
The use of force that is likely to result in serious bodily harm or death, often discussed in law enforcement and self-defense contexts.
Unloaded Gun
A firearm that does not contain any ammunition in its chamber or magazine.
Mens Rea
A legal term from Latin meaning "guilty mind"; it denotes the mental state or intent a person must have at the time of committing a crime for it to be intentional.
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