Prepare the journal entries necessary in the fund-based

Assignment Help Accounting Basics

Reference no: EM1394174

Journal Entries. Prepare the journal entries necessary in the fund-based and government-wide journals to record each of the following transactions. Be sure to indicate to which fund your entry(ies) apply in the fund-based journal and the type of activity (GT = governmental-type activities, BT = business-type activities) in the government-wide journal. Additionally, if the entry is the same at the government-wide level, indicate this with "SAME" and if no entry applies then indicate with "NE". If a transaction results in multiple entries

(1) At the beginning of the year, the general budget for the city was approved. The city expects to receive $5,900,000 in property taxes and $600,000 from an unrestricted federal grant to be used for normal operating purposes. The city anticipates total expenditures of $6,200,000 for general operations and $600,000 in transfers to other funds.

Reference no: EM1394174

Questions Cloud

Difference in standard error : You've two separate sets of data. From one set you calculate the standard error to be 500. From the other set, the standard error was 5.

Thickness with in the particular interval : What is the value of c for which there is 80% probability that a metal plate has a thickness with in the interval [4.3-c, 4.3+c]?

Explain effectiveness of communist onslaught : Explain the effectiveness of communist onslaught. were there objectives achieved tactically? strategically? Write down few lines on significance of tet offensive on course of vietnamese.

Which need to be made also a reason for the change : Recommendations which demonstrate strategic alignment with the chosen organization.

Prepare the journal entries necessary in the fund-based : Prepare the journal entries necessary in the fund-based and government-wide journals to record each of the following transactions

Explain hydrogen bonds and salt bridges : Briefly explain why hydrogen bonds and salt bridges do not contribute much to protein stability at room temperature.

Standard error calculation : The mean television viewing time for teens is 3 hours per day. Assume the population mean is 3 and the population standard deviation is known to be 1.2 hours.

What policies have created this statistic : Being born to a single mother remains one of the highest risk factors for remaining in poverty. Illustrate what policies have created this statistic.

Critical approach for defective units : Some people who bought X-game gaming systems complained about having received defective systems. The industry standard for such systems has been 98% non-defective systems.

User Account

All Pages