Fund-level statements of revenues and expenditures

Assignment Help Accounting Basics
Reference no: EM131752042

Question: 2 Saudi Arabia Debt Service and Capital Projects Funds had the following resource inflows during 2016. State whether each of the inflows should be reported as revenues or as other financing sources in the fund-level statements of revenues, expenditures and changes in fund balances.

a. Property taxes levied specifically for the Debt Service Fund

b. Cash received from General Fund to finance debt service payments

c. Cash received from General Fund to finance part of the cost of new police headquarters

d. Grant from state to finance part of cost of new police headquarters

e. Proceeds of bonds issued to finance part of the cost of new police headquarters

f. Interest earned on investment of resources being accumulated to finance construction

g. Increase in fair market value of investments being accumulated to finance construction

h. Bond premium received by Debt Service Fund from Capital Projects fund

Reference no: EM131752042

Questions Cloud

Malicious code protection : Do you agree that in order to fight the spreading of malicious code (i.e., virus, worm, trojan, etc.), using only antivirus (AV) software is NOT sufficient.
Develop a qualitative research proposal : Develop a qualitative research proposal, outlining and defending the research design, and preparing an appropriate research instrument.
Some of the applicable groups and teams : Think about some of the applicable groups and teams that you have been a part of in your past, work, school, and other places and events.
Type of document on computer : Digital Storage: This allows you to store any type of document on your computer. This is helpful for me running my own clothing business because
Fund-level statements of revenues and expenditures : 2 Saudi Arabia Debt Service and Capital Projects Funds had the following resource inflows during 2016. State whether each of the inflows should be reported.
Discuss a negative sign preceding the number : Determine the incremental profit loss of each products. Enter negative amounts using either a negative sign preceding the number
Type of security implementation and its really vague : Gramm-Leach-Bliley Act and the 2002 Homeland Security Act but, it doesn't specific what type of security implementation and its really vague.
Regulation and the purpose of the regulation : Explain the DOD 8570 regulation and the purpose of the regulation. What do you personal think of it? Why?
How terms coding and switching are used in relation to msw : Describe how the terms coding and switching are used in relation to MSW. Show how these terms apply to picking and hand- sorting operations.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd