Reference no: EM131213086
The City of Amarillo is authorized to issue $8,000,000, 3 percent regular serial bonds in 2017 for the construction a new exit off the interstate highway within city limits. The bonds mature in equal annual amounts beginning on January 1, 2018 for 10 years and pay interest on January 1 and July 1. The city is required to use all accrued interest and premiums to service the debt. The funds to pay the interest will be transferred from the General Fund. The county’s fiscal year end is December 31.
Required
a. Prepare the budgetary entries for 2017 assuming that the bonds were scheduled to be issued on January 2. Assume that the January 1, 2018 principal and interest payments will be included in the 2018 budget. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)
b. The bonds were sold on February 1, 2017 at 101. Prepare the journal entries needed to record the issuance of the bonds, including the entries required in the debt service fund and any entries required in the governmental activities general ledger at the government-wide level. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)
c. Prepare the entry required to reflect the transfer of funds from the General Fund in the debt service fund. (You may ignore the entry in the General Fund.) (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)
|
How does the war on crime impact organized crime
: Compare and contrast at least three government initiatives that are used to investigate and prosecute organized crime members. (For example: How does the war on crime impact organized crime? This is just one example.)
|
|
Management pioneer walter shewhart
: Please describe thePDCA(plan, do, check, act) circular model developed by quality management pioneer Walter Shewhart?
|
|
Find the radiated power of the antenna
: Two-element array. A wire antenna is placed perpendicularly above the ground. The wire is 3 m long and is used in conjunction with a transmitter which operates at 100 MHz.
|
|
Review a job description through a job website
: Review a job description through a job website (e.g., Career Builder, Monster, etc.) in your desired career field and identify at least five skills you have obtained through your general education courses that will make you successful at this job.
|
|
Prepare the budgetary entries
: The City of Amarillo is authorized to issue $8,000,000, 3 percent regular serial bonds in 2017 for the construction a new exit off the interstate highway within city limits. Prepare the budgetary entries for 2017 assuming that the bonds were schedule..
|
|
Was a violation of due process an issue in either case
: For each case, what do you feel about the validity of the defense? Why do you feel this way? How would you argue this defense? Was a violation of due process an issue in either case? Explain.
|
|
Review stockholders equity section in your chosen company
: HI5001 Accounting for Business Decisions Group Assignment. Review the stockholders' equity section in your chosen company's most recent year-end balance sheet and compare that with the previous year-end balance sheet. Compare percentage increase or..
|
|
Supply chain processes with quality improvement
: Identify management's role in linking operations and supply chain processes with quality improvement. Identify how improving quality can lead to reduced costs.
|
|
Find the radiated power of the monopole for a given current
: Application: λ/4 monopole. A quarter-wavelength monopole antenna is used at 100 MHz. The antenna is placed vertically above a conducting surface.
|