Title: ACCT 567 Proactive Tutors / snaptutorial.com
1ACCT 567 Proactive Tutors / snaptutorial.com
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2ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 1 Exercises
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- ACCT 567 Week 1 Exercises
- ACCT 567 Week 2 Case Study I
- ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10
- ACCT 567 Week 3 Problems 5-3 and 6-5
- ACCT 567 Week 4 Midterm Exam
- ACCT 567 Week 4 Problems 7-3 and 7-8
- ACCT 567 Week 5 Case Study City of Shipley
- From the textbook, complete the following
problems. - Chapter 1 Exercise 13 Chapter 2 Exercises 23
and 25
3ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 2 Case Study I
- ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10
- 1 The General Fund of Middleville has presented
you with the following trial balance as of June
30, 2011. - Debits Credits
- Cash 40,000
- Taxes Receivable- Delinquent 142,000
- Estimated Uncollectible Taxes- Delinquent 9,100
- Interest and Penalties Receivable 32,000
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- From the textbook, complete the following
problems. - Problems 3-9 and 4-4, 4-6, 4-10
4ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 3 Problems 5-3 and 6-5
- ACCT 567 Week 3 Test All Questions and Answers
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- Make all necessary entries in the appropriate
governmental fund general journal and the
government-wide governmental activities general
journal for each of the following transactions
entered into by the City of Fordache. - 1. The city received a donation of land that is
to be used by Parks and Recreation for a park. At
the time of the donation, the land had a fair
value of 5,200,000 and was recorded on the
donors books at a historical cost of 4,500,000.
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- ACCT 567 Week 3 Test All Questions and Answers
5ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 4 Midterm Exam
- ACCT 567 Week 4 Problems 7-3 and 7-8
- (TCOs A and B) Fiduciary funds are to use which
of the following measurement and basis of
accounting? (Points 5) - Economic resource measurement focus and accrual
basis of accounting.Current financial resources
measurement focus and accrual basis of
accounting.Economic resources measurement focus
and modified accrual basis of accounting.None of
the above, the fiduciary funds have no revenues. - 2
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- During the fiscal year ended September 30, 2011,
the following transactions (summarized) occurred - 1. Employees were paid 290,000 wages in cash
additional wages of 43,500 were withheld for
federal income and social security
6ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 5 Case Study City of Shipley
- ACCT 567 Week 5 Homework Case study
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- The City of Shipley maintains an Employee
Retirement Fund a single-employer, defined
benefit plan that provides annuity and disability
benefits. The fund is financed by a process that
makes actuarially determined contributions from
the citys General Fund and by contributions that
are made by the employees. The General Fund is
handling the administration of the retirement
fund and it does not have any administrative
expenses. The Statement of Net Assets for the
Employees
- Case 8 - 1
- a. When was CalPERS established?
- b. What types of employers contribute to
CalPERS?\ - c. How many individuals are served by CalPERS?
- d. How many and what types of funds are
administered by CalPERS? - e. For the most recent reporting period, what is
the value of total fiduciary assets?
7ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 5 Problems 8-4 and 9-4
- ACCT 567 Week 5 Test All Questions and Answers
- The county collector of Lincoln County is
responsible for collecting all property taxes
levied by funds and governments within the
boundaries of the county. To reimburse the county
for estimated administrative expenses of
operating the tax agency fund, the agency fund
deducts 1 percent from the collections for the
town, the school
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- 1.Question
- (TCO F) Any activities that produce goods or
services to be provided to other departments or
other governmental units would be reported in
which fund? - Enterprise Fund
- Internal Service Fund
- Advance Fund
- Agency Fund
- 2.Question
8ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 6 Problem 12-4
- ACCT 567 Week 7 Problems 16-3 and 17-6
- Quad-States Community Service Agency expended
federal awards during the most recent fiscal year
in the following amounts for the programs shown - Additional information indicates that Programs 4
and 10 were audited as major programs in each of
the two preceding fiscal years, with no audit
findings reported
- Elizabeth College, a small private college, had
the following transactions in fiscal year 2011. - 1. Billings for tuition and fees totaled
5,600,000. Tuition waivers and scholarships of
61,500 were granted. Students received tuition
refunds of 101,670. - 2. During the year the college received
1,891,000 cash in unrestricted private gifts,
575,200 cash in temporarily restricted grants,
and 1,000,000 in securities
9ACCT 567 Proactive Tutors / snaptutorial.com
- ACCT 567 Week 8 Final Exam
- . (TCO A) On what should the government-wide
financial statements report? (Points 5) - Net position and results of the financial
operations of the government as a
whole.Budgetary ComplianceThe cost of
government servicesFiscal accountability - 2. (TCO B) According to GASB standards, when
should
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