Examlex
When governments construct projects that are financed with special assessment debt,to be paid back by affected property owners,those projects could be accounted for in capital projects funds.
Rescinded
To revoke, cancel, or repeal a law, order, or agreement.
Non Est Factum
A defence that may allow illiterate or infirm persons to avoid liability on a written agreement if they can establish that they were not aware of the true nature of the document, and were not careless in its execution.
Statute of Frauds
A legal concept that requires certain types of contracts to be executed in writing and signed by all parties involved to be legally enforceable.
Guarantee Indebtedness
A commitment by one party to answer for the financial liabilities or obligations of another party, ensuring the debt will be paid.
Q1: Fund basis financial statements in which capital
Q10: The current and long-term portions of General
Q42: If a sinking fund is required by
Q89: What is the journal entry to record
Q94: What is the appropriate accounting treatment for
Q102: What is the difference between a component
Q131: Unmatured principal installments and accrued interest which
Q135: Financial reporting requirements for defined benefit pension
Q136: Revenues,but not expense are recorded the same
Q141: Siler City receives a trust donation for