Governmental changes in fund balances

Assignment Help Accounting Basics

Reference no: EM13138697

A governmental funds Statement of Revenues, Expenditures and Changes in Fund Balances reported expenditures of $30 million, including capital outlay expenditures of $2 million. Capital assets for that government cost $70 million, including land of $10 million. Depreciable assets are amortized over 20 years, on average. The reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect a(an):

A) Decrease of $1 million

B) Increase of $l million

C) Decrease of $3 million

D) Increase of $2 million

Reference no: EM13138697

Questions Cloud

Determine the bayes rule and comment on the role : with loss function L(θ,a)= w(θ)(θ-a)^2, where w(θ) is a fixed weighted function. Determine the Bayes rule and comment on the role of w(θ) in this problem.

Explain next generation transmission system : You are required to determine that this next generation transmission system will require a spectral efficiency of 5 bits/sec per Hertz.

What is the rationale for how abc should account : During a company's start-up or expansion a wide variety of costs and expenses are incurred that are directly associated with beginning the specific operation. For instance, ABC Company has expanded into another country and has constructed new faci..

Explain a terrestrial radio link transmits a cdma signal : A terrestrial radio link transmits a CDMA signal from a base station using a spreading code with a chip rate of 1.0 Mchips per seconds. The message data rate of the signal is 10 kbps.

Governmental changes in fund balances : The reconciliation from governmental changes in fund balances to governmental activities changes in net assets would reflect a(an):

True difference confidence if range of all data is six years : One month of the true difference and with 95% confidence if the range of all the data is 6 years? Use the appropriate tables in your book.

Strategy development : What modes of strategy development are evident in Cordia, and which would you expect to be prevalent, given the strategic change described?

What is the symbol rate of the earth station transmissions : What is the symbol rate of the earth station transmissions? What is the bit rate of the earth station transmissions? What is the duration of the burst transmission from each earth station?

Design an rc-low pass filter : Design an RC-Low Pass Filter with cutoff frequency at fc=0.5GHz and plot its frequency response and design a parallel resonance circuit with resonance frequency of 30kHz and bandwidth of 20kHz and plot its frequency response.

User Account

All Pages