Star City Leased a Bulldozer for Use in Activities Accounted

question 42

Multiple Choice

Star City leased a bulldozer for use in activities accounted for in the General Fund.The City paid $40,000 and agreed to pay $40,000 per year for 3 years.The bulldozer has a useful life of six years.The lease qualified as a capital lease.Assuming that the city maintains is books and records in a manner that facilitates the preparation of the government-wide financial statements, the appropriate entry at the date of acquisition would be

• A)Debit Expenditures $160,000; Credit Cash $40,000 and Other financing sources $120,000.
• B)Debit Expenditures $53,333 and Prepaid lease $106,667; Credit Cash $40,000 and Other financing sources $120,000.
• C)Debit Equipment $160,000; Credit Cash $40,000 and Lease payable $120,000.
• D)Debit Expenditures $160,000; Credit Cash $40,000 and Lease payable $120,000.

Find awareness of legal and safety regulations related to child care and transportation.

Acknowledge the cognitive and physical aspects of growth, such as brain efficiency and disease vulnerability.

Gain insights into child psychology and development phases, including sleep patterns and play behavior.

Grasp the importance and processes of brain development, including myelination and brain plasticity.

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Definitions:

Natural Selection

The process by which organisms better adapted to their environment tend to survive and produce more offspring, driving evolution.

Organisms' Success

The extent to which an organism can survive, reproduce, and pass its genes to the next generation in its specific environment.

Adaptive Function

Traits or behaviors that have evolved to serve a specific survival or reproductive purpose in the context of natural selection.

Evolutionary Perspective

A theoretical approach that examines psychological traits, such as memory, perception, or language, from a modern evolutionary perspective, considering how evolutionary processes like natural selection have shaped them.