All Tutorials will be E-mailed immediately (automatically) after the Payment and can also be Downloaded by clicking on Tutorial Bucket.
Please Check your Spam Email if you do not get the Tutorial.
Click Here to Submit New Syllabus (If course has changed or if you need help with any other course)
Shopping Cart
Your shopping cart is empty!
Categories
ACCT 567 Week 3 Problems 5-3 and 6-5 (Keller)
$11.00

ACCT 567 Week 3 Problems 5-3 and 6-5 (Keller)

This Tutorial was purchased 3 times & rated A by student like you.

 

This Tutorial contains following Attachments

  • ACCT 567 Week 3 Problems 5-3 and 6-5.xlsx

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 donor’s books at a historical cost of $4,500,000.

2. The Public Works Department sold machinery with a historical cost of $35,100 and accumulated depreciation of $28,700 for $6,400. The machinery had originally been purchased with special revenue funds.

3. A car was leased for the mayor’s use. Since the term of the lease exceeded 75 percent of the useful life of the car, the lease was capitalized. The first payment was $550 and the present value of the remaining lease payments was $30,000.

4. During the current year, a capital projects fund completed a new public safety building that was started in the prior year. The total cost of the project was $9,720,000. Financing for the project came from a $9,000,000 bond issue that was sold in the prior year, and from a $720,000 federal capital grant received in the current year. Current year expenditures for the project totaled $1,176,000. The full cost is attributed to the building since it was constructed on city-owned property.

5. Due to technological developments, the city determined that the service capacity of some of the technology equipment used by general government had been impaired. The calculated impairment loss due to technology obsolescence was $1,156,000 

Write a review

Order Id


Order Id will be kept Confidential
Your Name:


Your Review:
Rating:   A   B   C   D   F  

Enter the code in the box below:



Related Tutorials
$23.00

This Tutorial was purchased 18 times & rated A+ by student like you.

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 Compliance The cost of government services Fiscal accountability 2. (TCO B) According to GASB standard..
$9.00

This Tutorial was purchased 7 times & rated A by student like you.

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 rece..
$7.00

This Tutorial was purchased 6 times & rated No rating by student like you.

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 find..
$14.00

This Tutorial was purchased 5 times & rated A+ by student like you.

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 : (TCO F) Government ..
$9.00

This Tutorial was purchased 3 times & rated A by student like you.

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 c..
$7.50

This Tutorial was purchased 2 times & rated No rating by student like you.

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 fi..
$11.00

This Tutorial was purchased 12 times & rated A+ by student like you.

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 city’s General Fund and by contributions that are made by th..
$9.00

This Tutorial was purchased 5 times & rated No rating by student like you.

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 employer’s share of social security taxes amounted to $..
$12.00

This Tutorial was purchased 8 times & rated A+ by student like you.

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 meas..
$11.00

This Tutorial was purchased 3 times & rated A by student like you.

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 ..
$14.00

This Tutorial was purchased 6 times & rated A+ by student like you.

ACCT 567 Week 3 Test All Questions and Answers ..
$9.00

This Tutorial was purchased 9 times & rated A+ by student like you.

From the textbook, complete the following problems. Problems 3-9 and 4-4, 4-6, 4-10  ..
$11.00

This Tutorial was purchased 25 times & rated A+ by student like you.

ACCT567 Case Study I (Week 2) 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 Re..
$9.00

This Tutorial was purchased 2 times & rated No rating by student like you.

From the textbook, complete the following problems.         Chapter 1: Exercise 1–3 Chapter 2: Exercises 2–3 and 2–5  ..
$49.00

This Tutorial was purchased 19 times & rated A by student like you.

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 ACCT 567 Week 5 Home..
Tags:
ACCT 567 © 2017 All Rights Reserved.Powered by:Ash Tutorial