Business

Business, 17.08.2019 17:10, zahkaria1223badiieez

City orders a new computer for its general fund at an anticipated cost of $88,000. its actual cost when received is $89,400. payment is subsequently made. prepare all required journal entries for both fund and government-wide financial statements. what information do the government-wide financial statements present? what information do the fund financial statements present?

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Business, 16.07.2019 06:40, bestgamer7373

Lakeview school district, a governmental entity, received 10 computers from computer hut, a local computer firm. the computers were a donation to the district by computer hut. the cost to computer hut for each computer is $2,500. the retail value of each computer is $3,000. assuming that the district maintains its books and records in a manner that facilitates the preparation of the fund financial statements, what is the appropriate entry in the general fund to record this donation?

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Social Studies, 05.08.2019 20:30, breiajr

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Business, 09.09.2019 20:30, hd14yarnell

Prepare journal entries for the city of pudding's governmental funds to record the following transactions, first for fund financial statements and then for government-wide financial statements. a new truck for the sanitation department was ordered at a cost of $116,000. the city print shop did $3,900 worth of work for the school system (but has not yet been paid). an $9 million bond was issued to build a new road. cash of $214,000 is transferred from the general fund to provide permanent financing for a municipal swimming pool that will be viewed as an enterprise fund. the truck ordered in (a) is received at an actual cost of $119,300. payment is not made at this time. cash of $37,800 is transferred from the general fund to the capital projects fund.

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Business, 11.11.2019 19:31, harris435942

The village of old road orders a computer costing $300,000. the village finances the computer by issuing a $300,000 bond at face value. the village receives the computer and pays cash of $300,000. prepare the journal entries to record these events assuming they were recorded in (a) the general fund and (b) an enterprise fund. note: under the fund column, select the appropriate fund in which the transaction is recorded (ef: enterprise fund or gf: general fund).

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