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For more course tutorials visit www.tutorialrank.com ACCT 567 Week 1 Exercises KELLER ACCT 567 Week 2 Case Study I KELLER ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10 KELLER ACCT 567 Week 3 Problems 5-3 and 6-5 KELLER – PowerPoint PPT presentation

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Title: ACCT 567 Course Inspiring Minds / tutorialrank.com


1
ACCT 567 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
2
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Entire Course (KELLER)
ACCT 567 Week 1 Exercises KELLER ACCT 567 Week 2
Case Study I KELLER ACCT 567 Week 2 Problems 3-9
and 4-4, 4-6, 4-10 KELLER ACCT 567 Week 3
Problems 5-3 and 6-5 KELLER
3
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 1 Exercises (KELLER)
From the textbook, complete the following
problems. Chapter 1 Exercise 13 Chapter 2
Exercises 23 and 25
4
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 2 Case Study I (KELLER)
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
5
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 2 Problems 3-9 and 4-4, 4-6, 4-10
(KELLER)
From the textbook, complete the following
problems. Problems 3-9 and 4-4, 4-6, 4-10
6
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 3 Problems 5-3 and 6-5 (KELLER)
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.
7
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 3 Test All Questions and Answers
(KELLER)
ACCT 567 Week 3 Test All Questions and Answers
8
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 4 Midterm Exam (KELLER)
1. (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.
9
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 4 Problems 7-3 and 7-8 (KELLER)
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
taxes. The employers share of social security
taxes amounted to 23,375. 2. Cash remitted to
the federal government during the year for
withholding taxes and social security taxes
amounted to 65,500.
10
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 5 Case Study City of Shipley
(KELLER)
he 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.
11
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 5 Homework Case study (KELLER)
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?
12
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 5 Problems 8-4 and 9-4 (KELLER)
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 district, and the townships.
13
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 5 Test All Questions and Answers
(KELLER)
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
14
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 6 Problem 12-4 (KELLER)
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.
15
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 7 Problems 16-3 and 17-6 (KELLER)
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
for an endowment.
16
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 8 Final Exam (KELLER)
1. (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
17
ACCT 567 Course Inspiring Minds/ tutorialrank.com
ACCT 567 Week 8 Final Exam (KELLER)
1. (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
18
ACCT 567 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com
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