Generally accepted accounting principles

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Reference no: EM131896540

For a city government that follows the generally accepted accounting principles (GAAP), which fund or funds should one look to find each of the items listed below? Please list the particular fund, e.g., special revenue fund, rather than the broader category, e.g., governmental funds.

the revenues received from a grant that is legally restricted to be used for Homeland Security purposes

the costs associated with the capital construction of a new downtown parking garage (assume that the parking operations are financed through user charges)

the payment of interest on general obligation bonds

salaries for the mayor’s staff

total salaries for all city employees

the costs of the building maintenance department (assume that the building maintenance department provides janitorial and repair services to city departments on a user charge basis)

construction costs for a new fire station

the total of amount of grants received by the city

Reference no: EM131896540

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