Reference no: EM131929526
Question - As of the fiscal year ending September 30, 2013, Crystal Beach had $10,000,000 in 5 percent serial bonds outstanding. The serial bonds pay interest semiannually on March 1 and September 1, with $500,000 in bonds being retired on each interest payment date. Resources for payment of principal are transferred from the General Fund, and the debt service fund levies property taxes annually to cover interest payments. Any excess is reserved for future debt service payments.
Prepare debt service fund and government-wide entries in general journal form to reflect, as necessary, the following information and transactions for FY 2014.
(1) The operating budget for FY 2014 consists of estimated revenues of $500,000 and estimated other financing sources equal to the amount of principal to be paid in FY 2014. Appropriations must be provided for interest payments and bond redemptions on March 1 and September 1.
(2) Property taxes in the amount of $500,000 were levied (no estimate for uncollectible accounts has been made).
(3) Property taxes in the amount of $500,000 were collected.
(4) Cash was received from the General Fund and checks were written and mailed for the March 1 principal and interest payments.
(5) Cash was received from the General Fund and checks were written and mailed for the September1 principal and interest payments.
Determine the total project completion time
: Bradshaw Construction is involved in constructing municipal buildings and other structures that are used primarily by city and state municipalities.
|
Create an analogy similar to the telephone call
: Which type of network application requires more elaborate software: connection-oriented or connectionless? Explain.
|
Children in the control? group
: 6,000 children in the experimental? group,73 developed the disease. Of 6,000 children in the control? group,119 developed the disease.
|
What global health issue identified in the report
: What global health Issue, identified in the Report of the CISIS Commission on Smart Global Health Policy, do you think we will, most likely.
|
Prepare debt service fund and government-wide entries
: Prepare debt service fund and government-wide entries in general journal form to reflect, as necessary, the following information and transactions for FY 2014
|
What percentage of the tires can be expected
: a) What percentage of the tires can be expected to last more than 40,000 miles?
|
Estimating the time for the activity
: Performing program logic design is activity 12. This can be started only after the system design checkpoint review is completed.
|
Find the probability that the next year economy
: a) Find the probability that the next year's economy is weak and xyz declares a dividend.
|
The different types of applications of the stream cipher
: Examine the major strengths and weaknesses and the various applications of Data Encryption Standard (DES).
|