Governmental and Nonprofit Accounting (11th Edition)

11th Edition

ISBN: 9780133799569

Author: Robert J. Freeman, Craig D. Shoulders, Dwayne N. McSwain, Robert B. Scott

Publisher: PEARSON

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Textbook Question

Chapter 7, Problem 2.9E

A GAAP-based Statement of Revenues, Expenditures, and Changes in Fund Balance for a Capital Projects Fund includes each of the following categories except

a. revenues.
b. expenditures.
c. nonoperating revenues and expenditures.
d. other financing sources and use.

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Chapter 7, Problem 2.8E

Chapter 7, Problem 2.10E

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Chapter 7 Solutions

Governmental and Nonprofit Accounting (11th Edition)

Ch. 7 - When is a Capital Projects Fund used by a...Ch. 7 - Prob. 2Q Ch. 7 - What is the life cycle of a Capital Projects Fund?Ch. 7 - Why is each significant capital project usually...Ch. 7 - In what situations could several capital projects...Ch. 7 - Prob. 6Q Ch. 7 - Prob. 7Q Ch. 7 - Prob. 8Q Ch. 7 - Prob. 9Q Ch. 7 - Prob. 10Q

Ch. 7 - Prob. 11Q Ch. 7 - Prob. 12Q Ch. 7 - Which of the following general government capital...Ch. 7 - Budgets for Capital Projects Funds are a. often...Ch. 7 - Which of the following are sometimes reported as...Ch. 7 - Wakefield Heights sold 6,000,000 of general...Ch. 7 - Which of the following statements regarding the...Ch. 7 - Common expenditures in a Capital Projects Fund...Ch. 7 - Prob. 1.7E Ch. 7 - In practice, which of the following is false...Ch. 7 - The funding sources for a Capital Projects Fund...Ch. 7 - Prob. 2.2E Ch. 7 - When grant resources are received before...Ch. 7 - Bonds are sold to finance the construction of a...Ch. 7 - After restricted and committed levels of fund...Ch. 7 - Which of the following would not be reported on...Ch. 7 - The City of Hope received an unrestricted grant in...Ch. 7 - Expenditures are made in a Capital Projects Fund...Ch. 7 - A GAAP-based Statement of Revenues, Expenditures,...Ch. 7 - Prob. 2.10E Ch. 7 - (General Ledger Entries) The following...Ch. 7 - (Long-Term Debt Issuances) Swenson Township issued...Ch. 7 - (Short Discussion and Analysis) Briefly discuss...Ch. 7 - (Statement of Revenues, Expenditures, and Changes...Ch. 7 - (Multiple Choice Problems and Computations)...Ch. 7 - Prob. 2P Ch. 7 - (Statement of Revenues, Expenditures, and Changes...Ch. 7 - Prob. 6P Ch. 7 - (CPF Journal EntriesBlue Earth County, Montana)...

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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

A GAAP-based Statement of Revenues, Expenditures, and Changes in Fund Balance for a Capital Projects Fund includes each of the following categories except a. revenues. b. expenditures. c. nonoperating revenues and expenditures. d. other financing sources and use.

Solution Summary: The author explains that non-operating revenue and expenses should not be included in the statement of revenue, expenses, and changes in fund balance. Option (c) is correct.

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