Accounting for Governmental & Nonprofit Entities
17th Edition
ISBN: 9780078025822
Author: Jacqueline L. Reck James E. Rooks Distinguished Professor, Suzanne Lowensohn, Earl R Wilson
Publisher: McGraw-Hill Education
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Chapter 3, Problem 22EP
a.
To determine
Prepare
b.1.
To determine
Prepare journal entry to record the revenues collected in cash amounting to $31,000 for license and permits and $12,000 for fines and forfeits.
b.2
To determine
Prepare journal entry to record the supplies ordered.
b.3.
To determine
Prepare journal entry to record the supplies received at the actual cost and for the payment received on the cash.
c.
To determine
Compute and show in good form the amount of budgeted but unrealized revenues in total and from each source as of July 31, 2016.
d.
To determine
Compute and show the amount of available appropriation in total and for each function as of July 31, 2016.
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Chapter 3 Solutions
Accounting for Governmental & Nonprofit Entities
Ch. 3 - Prob. 1QCh. 3 - Prob. 2QCh. 3 - Prob. 3QCh. 3 - Prob. 4QCh. 3 - Explain the essential differences between revenues...Ch. 3 - Prob. 6QCh. 3 - Prob. 7QCh. 3 - Prob. 8QCh. 3 - Prob. 9QCh. 3 - Prob. 10Q
Ch. 3 - The city manager of University City is finalizing...Ch. 3 - Prob. 15CCh. 3 - Prob. 17.1EPCh. 3 - Prob. 17.2EPCh. 3 - GASB standards require that fund balances of...Ch. 3 - Prob. 17.4EPCh. 3 - Prob. 17.5EPCh. 3 - An internal allocation of funds on a periodic...Ch. 3 - Prob. 17.7EPCh. 3 - Prob. 17.8EPCh. 3 - Before placing a purchase order, a department...Ch. 3 - Prob. 17.10EPCh. 3 - Prob. 18EPCh. 3 - Prob. 19EPCh. 3 - The Town of Willingdon adopted the following...Ch. 3 - During July 2016, the first month of the 2017...Ch. 3 - The Town of Bedford Falls approved a General Fund...Ch. 3 - The printout of the Revenues and Appropriations...Ch. 3 - Report. Review the computer generated budgetary...Ch. 3 - The following alphabetic listing displays selected...
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