Record the following transactions in the general journal for the general fund and tge general jornal dor govermental activities at the government wide level. 10. [Para. 4-a-10] Invoices for goods and services ordered in transaction 4-a-3 were received and voucherswere recorded for the following actual amounts:General GovernmentPublic SafetyPublic WorksHealth and WelfareCulture and RecreationActual Cost1,000,000690,000600,000660,000175,0003,125,000(Encumbered)Estimated1,100,000685,000600,000650,000200,0003,235,000NOTE: The encumbered amounts above are different from the encumbered amounts in 4-a-3 becausethe city of Bingham has not received all goods and services ordered in 4-a-3. The estimated amountsabove represent what was encumbered for the goods and services that have been received.

General fund is one of the primary fund which is being used by government activity. This fund will…

Answered: Record the following transactions in…

Record the following transactions in the general journal for the general fund and tge general jornal dor govermental activities at the government wide level.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter14: Decentralized Operations

Section: Chapter Questions

Problem 14.3E

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Check all attributes below that were met for a test of an expenditure. Attached is a copy of the invoice and below is information from the accounting system: Item # Transaction ID Invoice Date Vendor Vendor Code Object Code Object Code Name Amount Created Approved Invoice # Date Entered Paid Date Amount Paid 98 19000001101 9/22/2018 Ohio Dept of Transportation VC0000126549 E450 Road Construction $6,914.41 JMM03 BVZ02 101492 10/3/18 10/22/2018 $ 6,914.41 Invocie for Exam 3 TH.docx check all that apply A. Documentation exists B. Transaction had proper approval before payment C. Invoice agrees to journal: amount, vendor, fund, object code D. Invoice is mathematically correct E. Document was cancelled F. Recorded timely (5 days from reciept of goods or invoice) G. Invoice was paid timely
The total prevention cost based on the report would be? a. ₱ 376,000 b. ₱ 472,000 c. ₱ 564,000 d. ₱ 372,00 e. ₱ 304,000 f. ₱ 236,000 The total appraisal cost on the report would be? a. ₱ 484,000 b. ₱ 208,000 c. ₱ 180,000 d. ₱ 208,000 e. ₱ 296,000 f. ₱ 304,000 The total internal failure cost on the report would be? a. ₱ 636,000 b. ₱ 424,000 c. ₱ 300,000 d. ₱ 588,000 e. ₱ 512,000 f. ₱ 376,000 The total external failure cost would be? a. ₱ 348,000 b. ₱ 536,000 c. ₱ 1,704,000 d. ₱ 936,000 e. ₱ 424,000 f. ₱ 560,000
C. Using the contents presented in the Units supported by information in the relevant IPSASs, give a comprehensive definition (with examples) of revenue and expenditure appropriate for a Central Government.
C. Using the contents presented in the Units supported by information in the relevant IPSASs, give a comprehensive definition (with examples) of revenue and expenditure appropriate for a Central Government.
H1. Account
Sh18 Please help me Solution Thankyou.
Required information Exercise 6-4 and Exercise 6-5 (Algo) [The following information applies to the questions displayed below.] The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Accounts payable Accounts receivable Accrued interest payable Accumulated depreciation Administrative and selling expenses Allowance for uncollectible accounts Capital assets Cash Charges for sales and services Cost of sales and services Depreciation expense Due from General Fund Interest expense Interest revenue Transfer in from General Fund Bank note payable Supplies inventory Totals Exercise 6-4 (Algo) $ Debits 31,900 55,500 732,000 99,500 509,000 53,500 18, 200 41,400 Credits $ 117,000 35,100 53,500 13,900 579,000 6,200 128,500 628,500 20,700 $1,561,700 $1,561,700 Required: a. Prepare the closing entries for December 31. b. Prepare…
Please answer question 12 [Para. 4-a-12]
A government agency had the following items for disbursements:Electricity Expenses 560,000Telephone Expenses 134,400Rent Expenses 89,600 Office Supplies Inventory 100,800Office Equipment 168,000How much is the total amount credited to 1-01-04-040 for the above disbursements?
A. List down 5 goods and services by the government. B. Explain how the government source the funds needed for the goods and services. A. Government Goods and Services B. Government Source of Fund 1. 3. 5. 2. 4.
N1. [Para. 4-a-12] Services received by the General Government function of the General Fund from the Solid Waste Disposal Fund amounted to $28,500 during the year. Of this amount, $25,400 was paid in cash and $3,100 remained unpaid at year-end. Required: Record the receipt of these services, amounts paid during the year, and remaining liability in the General Fund and governmental activities journals. At the government-wide level the liability should be credited to Internal Payables in Business-type Activities. Do not record these items in the Solid Waste Disposal Fund until instructed to do so in Chapter 7 of this case.
A city has the following information. Purchase Order Billed Amount Amount $ 550,000 $ 490,000 Transportation Public safety 735,200 720,013 Libraries 954,845 463,480 Parks 54,270 54,320 Total purchase orders and invoices $2,294,315 $1,727,813 All orders are partially filled, except for the order of Parks, which is completed. Required Prepare general journal entries for the following transactions: a. The issuance of the purchase orders. b. Orders are received and billed.