User Account

All Pages

Which of the five classifications of fund balance does

Assignment Help Cost Accounting
Reference no: EM132629049

In Balance sheet:

Question 1: Are there sections on the statement called Deferred Outflows or Inflows of Resources?

a. Which of the five classifications of Fund Balance does your government report?

b. Are there any of the classifications have subclassifications presented on the face of the financial statements?

c. Does government report "Supplies" or "Prepaids" in the asset section of the Balance Sheet? If so, is there a corresponding Nonspendable fund balance reported on the face of the statements or in the notes to the financial statements?

d. Does the government report an "Advance To" in the asset section of the Balance Sheet? If so, is there a corresponding Nonspendable fund balance reported on the face of the statements or in the notes to the financial statements?

e. Does the government report a negative amount in any classification of Fund Balance? If so, what classification?

f. Does the government report Encumbrances in the Fund Balance section?

On Statement of Revenues, Expenditures, and Changes in Fund Balance

Question 2: Does the report reflect any special or extraordinary item(s)? If so, which item(s) and for what purpose?

Reference no: EM132629049

Questions Cloud

Explain disadvantages of federal versus state court : Analyze whether the suit can be brought in federal court. Explain the advantages and disadvantages of federal versus state court for this type of suit.
Find approach reality with preconceptions : Some people argue that because scientists rely on hypothesis and accepted theories to guide their research, they approach reality with preconceptions
Studying the humanities in the field of health professions : What is the value of studying the humanities in the field of health professions?
Simulate the network you have redesigned in ensp : Simulate the network you have redesigned in eNSP and demonstrate the working simulation to your tutor - redesign the IP addressing plan for the network to match
Which of the five classifications of fund balance does : Does government report "Supplies" or "Prepaids" in the asset section of the Balance Sheet? If so, is there a corresponding Nonspendable fund balance
How is the method of analytic philosophy important to life : How is the method of analytic philosophy important to life? Please elaborate In your opinion, does analyzing propositions lead to truth? Please elaborate
Which is correct about liam company : Fixed overhead costs totaled P 4,500. The company produced 3,000 units during the year and sold 2,400 units. Assuming no units in the beginning inventory
What would be the impact on hr policies : Today, social media is playing a major role in the selection process. How would the use of such tools as LinkedIn, Twitter, Facebook and others impact your.
Evaluate general criticisms of cultural relativism : Name and evaluate general criticisms of cultural relativism as being the wrong moral approach.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Prepare a corrected balance sheet for almaden in accordance

Prepare a corrected balance sheet for Almaden in accordance with proper accounting and reporting principles. Prepare a description of any notes that might need to be prepared. The books are closed and adjustments to income are to be made through r..

  Explain why the terminology appears to be contradictory

Explain why the terminology appears to be contradictory and what does the term break-even point mean? Name the two ways it can be measured.

  Find the cost of raw materials-chemicals in work in process

Find the cost of raw materials-chemicals in the work in process ending inventory was. At the HI-Q Industrial Co., the process begins with the blending

  The rite-way plumbing co began business march 1 2006 in

the rite-way plumbing co. began business march 1 2006 in sarasota. its business address is 124 division lane sarasota

  What are some fundamentals of cost management control

WHAT ARE SOME FUNDAMENTALS OF COST MANAGEMENT CONTROL SYSTEMS FOR CONSTRUCTION - REMODELING KITCHEN ? PROVIDE EXAMPLE AND DETAILS

  A a program in the engineering and manufacturing

a. a program in the engineering and manufacturing development emd phase has just been instructed to add some new

  Evaluate the maximum amount

Evaluate the maximum amount the company could be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 30,000 units need each year?

  Identify and analyze the effect of the sale of the asset

Identify and analyze the effect of the sale of the asset - how should the gain or loss on the sale of the asset be presented on the income statement?

  Did the business show a negative cash balance for june

Did the business show a negative cash balance for June? Suppose that the owner has no hope of establishing a line of credit for the business

  What are the ways that customers affect a firms costs

What are some ways that customers affect a firm's costs and calculate the ratio of the prevention, appraisal, internal failure, and external failure costs to sales for March and April.

  Determine the economic order quantity

Determine the economic order quantity? Consider that they could get a 10 percent discount per bedpan if they order at least 1000 at a time. Should they take advantage of this discount?

  Which consolidation method will result in the highest value

Outstanding common shares of the subsidiary, which consolidation method will result in the highest value for non-controlling interest on the acquisition date?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd